68040 Club Circle, Desert Hot Springs, CA 92240

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
68040 Club Circle,Desert Hot Springs, CA 92240
$550,000
  • - Beds
  • - Baths
  • 1,950 sq. ft.
  • Multi-family
  • Active
Listed by: albert le
Office: le investment group
MLS#:IV25255522
Source:CRMLS

Price summary

  • Price:$550,000
  • Price per sq. ft.:$282.05

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:1967
  • Listing ID #:IV25255522
  • Added:1 day(s) ago
  • Updated:November 06, 2025 at 11:22 PM

Rooms and interior

  • Living area:1,950 sq. ft.

Structure and exterior

  • Year built:1967
  • Building area:1,950 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Price per sq. ft.:$282.05
Based on information from California Regional Multiple Listing Service, Inc. as of November 7, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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