11771 Upland Way, Desert Hot Springs, CA 92240

Desert Hot Springs
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
11771 Upland Way,Desert Hot Springs, CA 92240
$935,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: peyson robertson
Office: exp realty of southern california inc888-294-1415
MLS#:219143150DA
Source:CRMLS

Price summary

  • Price:$935,000

About this home

Rare investment opportunity in Desert Hot Springs trading at an 8.61 GRM with a clear path to a 9.44% stabilized cap. This 2024 built 7 unit property features a versatile mix for rental income: 1 fully detached 2BD/1BA, 1 attached 2BD/1BA, 1 1BD/1BA, and 4 studios. All units sit behind a private gate, providing privacy and security for tenants. Current gross rents of $9,191/mo ($110,292/yr) are in place and documented, with six of seven units occupied.The operational story is what separates this deal. Seven individual electric meters, designed in at construction, mean tenants absorb the single largest line item in the Coachella Valley, the summer cooling bill. Combined with the lower maintenance profile of new construction, this drives owner operating expenses to just 27% of gross income.Conveniently located near local amenities, shopping, and easy freeway access, the asset is ideal for the investor seeking a turnkey rental portfolio or the owner occupant looking to offset a mortgage...

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Home facts

  • Year built:2024
  • Listing ID #:219143150DA
  • Added:71 day(s) ago
  • Updated:April 25, 2026 at 10:33 AM

Rooms and interior

  • Flooring:Tile

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:2024
  • Lot area:0.34 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$935,000

Parking

  • Parking description:Driveway
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