For sale
  • Listing Provided by: 

    ALBERT LE DRE #01468313 909-256-7889,

    LE INVESTMENT GROUP

    Price cut: $20K (11/19)
    $530,000

    68040 Club Circle Dr, Desert Hot Springs, CA 92240

    4beds
    3baths
    1,950sqft
    : 
    Triplex
    Built in 1967
    -- sqft lot
    $528,200 Zestimate®
    $272/sqft
    $-- HOA

    What's special

    Functional layoutsWell-maintained neighborhoodsCarport parking
    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 $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)
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