Price improved to $574,850. Excellent opportunity to acquire a fully occupied, income-producing triplex with upside potential through future rent increases and implementation of RUBS for utility reimbursement. Situated on the corner of Cactus Drive and 3rd Street, just blocks from downtown Desert Hot Springs, the property offers a strong unit mix consisting of a three-bedroom, two-bath; a two-bedroom, one-bath; and a one-bedroom, one-bath. All units feature tile flooring, low-maintenance desert landscaping, and the added benefit of an owned solar system currently covering all electrical costs, significantly reducing operating expenses. Recent improvements include fresh exterior paint, refinished stucco edges, partial exterior drywall replacement, new fencing, and updated landscaping. The owner also added a 45-foot RV parking area. Interior upgrades include new ceiling fans, lighting, interior paint, new doors and locks, as well as drywall touch-ups and a newly installed main A/C unit. With limited multifamily inventory in this high-demand rental market, this stabilized asset presents a compelling opportunity for investors seeking consistent cash flow and long-term appreciation. Please do not disturb tenants. Contact listing broker for more information.
For sale
Listing Provided by:
Kate Rust DRE #01267678 760-837-1880,
Wilson-Meade Commercial Real Estate
$574,850
11583 Cactus Dr, Desert Hot Springs, CA 92240
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1956
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rv parking areaInterior upgradesTile flooringLow-maintenance desert landscaping
- 33 days
- on Zillow |
- 182 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 09:36am
Listing Provided by:
Kate Rust DRE #01267678 760-837-1880,
Wilson-Meade Commercial Real Estate
Source: CRMLS,MLS#: 219132798DA
Originating MLS: California Desert AOR & Palm Springs AOR

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Rooms
- Room types: Living Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Range, Water Heater
Features
- Flooring: Carpet, Laminate
- Has fireplace: No
Property
Parking
- Total spaces: 6
- Parking features: Driveway, On Street
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 9,583 Square Feet
- Features: Corner Lot, Yard
Details
- Parcel number: 639221049
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1956
Community & HOA
Community
- Subdivision: Not Applicable-1
Location
- Region: Desert Hot Springs
Financial & listing details
- Date on market: 7/16/2025
- Listing terms: Cash,Cash to New Loan,VA Loan
- Total actual rent: 4379
- Tenant pays: Cable TV
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