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
$890,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,200 sq. ft.
  • Multi-family
  • Active
Listed by: joe corbisiero
Office: compass
MLS#:260011149
Source:San Diego MLS via CRMLS

Price summary

  • Price:$890,000
  • Price per sq. ft.:$278.13

About this home

11.0% Cap Rate | 7 Units | Fully Remodeled 2023 | Seller Motivated — Priced to Sell Don't let this one sit on your screen. This 7-unit income property in Desert Hot Springs delivers an 11.0% cap rate at the asking price of $890,000 — and it's already performing. Gross annual rents at full occupancy exceed $122,000, with a net operating income of $98,244 based on current actuals. Unit mix: 4 studios, 1 one-bedroom/one-bath, 2 two-bedroom/one-bath units, plus 1 fully detached unit. Entire property was fully remodeled in 2024 — new everything. Low deferred maintenance, gated private lot on 0.34 acres, driveway parking. Wall furnace heat, wall/window A/C, tile flooring throughout. Priced $41,000 below the Zillow Zestimate of $931,100. At $127,143 per door, this is well below replacement cost for new construction. Cash or 1031 exchange only — ideal as a replacement property for sellers coming out of a larger asset. Seller is motivated and wants a clean, fast close. Bring your buyers....

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Home facts

  • Listing ID #:260011149
  • Added:51 day(s) ago
  • Updated:June 28, 2026 at 09:18 PM

Rooms and interior

  • Living area:3,200 sq. ft.

Heating and cooling

  • Cooling:Heat Pump

Structure and exterior

  • Building area:3,200 sq. ft.

Finances and disclosures

  • Price:$890,000
  • Price per sq. ft.:$278.13
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