Skip To Content

12700 Parma

Desert Hot Springs, CA 92240
  • $530,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: IV25255366
UPDATED: 31 min ago
$530,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:

School Ratings & Info

Listing Agent(s): Albert Le of LE INVESTMENT GROUP (909-256-7889)


Description

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 citys desirable Spa Zone. Each property is priced at $530,000 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 6.25% (Parma), 7.48% (Club Circle), and 9.01% (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)

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T20:36:48.75. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169687658
Print Image

12700 Parma Desert Hot Springs, CA 92240

  • Price: $530,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 31 min ago
  • ID#: IV25255366
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1972
Built
Neighborhood:
699 - Not Defined
County:
Riverside
Area:
699 - Not Defined
Property Description
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 citys desirable Spa Zone. Each property is priced at $530,000 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 6.25% (Parma), 7.48% (Club Circle), and 9.01% (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)
Exterior Features

Carport Spaces 3 Carport YN Yes Entry Level 1 Entry Location Floor Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 3 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Heating Central Heating YN Yes

Property Features

Additional Parcels YN Yes Cap Rate 6.25 Common Interest Community Apartment Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 47316 Gross Scheduled Income 47316 Insurance Expense 0 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 33112 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 12785 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 1419 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T20:36:48.75. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_404234716-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_404234716-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_404234716-2.jpg
Logo
Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Albert Le of LE INVESTMENT GROUP (909-256-7889)