11075 Mesquite Ave, Desert Hot Springs, CA 92240
- $1,649,000
- List Price
- $1,649,000
- Status
- ACTIVE
- MLS#
- OC26160229
- Year Built
- 2025
- Lot Size
- 16,117
- Acres
- 0.37
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 3
- Property Type
- Multifamily
- Style
- Contemporary, Modern
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Unknown
Property Description
Brand-New 2025 Construction | Fully Occupied 4-Unit Investment Property Exceptional opportunity to own a newly constructed, fully leased four-unit residential income property in the growing Desert Hot Springs market. Built in 2025, this turnkey investment features four spacious 3-bedroom, 2-bath residences, each thoughtfully designed with modern finishes, open-concept floor plans, attached garages, and private entrances. Each unit is separately metered for water, sewer, gas, and electricity, keeping operating expenses low while providing immediate, stable cash flow. With no HOA, minimal maintenance expected due to new construction, and a 100% occupied rent roll, this property offers an outstanding investment opportunity for both seasoned investors and 1031 exchange buyers. Situated on a corner lot with attractive contemporary architecture and stunning mountain views, the property is conveniently located near shopping, schools, dining, Palm Springs, and Interstate 10. Property Highlights: Four (4) 3-bedroom, 2-bath units Built in 2025 Fully leased with strong in-place rental income Attached garages for every unit Individually metered water, sewer, gas & electric Contemporary finishes throughout No HOA Low operating expenses Excellent long-term appreciation potential Don't miss this rare opportunity to acquire a stabilized, newly constructed multifamily asset in one of the Coachella Valley's fastest-growing rental mar
Additional Information
- Taxes
- $9,675
- Appliances
- Dishwasher, Gas Cooktop, Gas Oven, Microwave
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights, Desert
- Exterior Construction
- Stucco
- Roof
- Flat
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Open Floorplan, Recessed Lighting, All Bedrooms Up
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $113,400
- Operating Expense
- 14859
Listing courtesy of Listing Agent: Amanda Lawler (amanda@lawlercapital.com) from Listing Office: HOM Realty Group, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.