12700 Parma, Desert Hot Springs, CA 92240

Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
12700 Parma,Desert Hot Springs, CA 92240
$550,000
  • - Beds
  • - Baths
  • 2,336 sq. ft.
  • Multi-family
  • Active
Listed by: albert le
Office: le investment group
MLS#:CRIV25255366
Source:CAMAXMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$235.45

About this home

Le Investment Group is pleased to present a three-property multifamily portfolio totaling nine (9) units in Desert Hot Springs, CA. The portfolio includes 12700 Parma Drive, 68040 Club Circle Drive, and 66671 3rd Street, all situated within well-maintained neighborhoods, two of which lie in the city's desirable Spa Zone. Each property is priced at $550,000 and features a consistent mix of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, offering functional layouts, carport parking, and strong in-place income. Current cap rates are 5.98% (Parma), 7.33% (Club Circle), and 8.64% (3rd Street). These triplexes are offered individually or together, providing flexibility for investors seeking either residential financing advantages or portfolio-scale stability and cash flow. (PLEASE REACH OUT TO LE INVESTMENT GROUP FOR FURTHER INFORMATION ON EACH OF THE THREE TRIPLEXES)

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Home facts

  • Year built:1972
  • Listing ID #:CRIV25255366
  • Added:1 day(s) ago
  • Updated:November 06, 2025 at 11:56 PM

Rooms and interior

  • Living area:2,336 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1972
  • Building area:2,336 sq. ft.
  • Lot area:0.2 Acres

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$235.45
MLS LogoBay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 6, 2025

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