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Homes for sale in Desert Hot Springs, CA | 12700 Parma, Desert Hot Springs, CA 92240 | MLS# IV25255366
Homes for sale in Desert Hot Springs, CA | 12700 Parma, Desert Hot Springs, CA 92240 | MLS# IV25255366
Homes for sale in Desert Hot Springs, CA | 12700 Parma, Desert Hot Springs, CA 92240 | MLS# IV25255366
Homes for sale in Desert Hot Springs, CA | 12700 Parma, Desert Hot Springs, CA 92240 | MLS# IV25255366
Homes for sale in Desert Hot Springs, CA | 12700 Parma, Desert Hot Springs, CA 92240 | MLS# IV25255366
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Listed by: ALBERT LE (909) 256-7889 DRE #01468313 | LE INVESTMENT GROUP (909) 256-7889

$530,000

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon--sqft

12700 Parma, Desert Hot Springs, CA 92240

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  • Triplex

  • Built in 1972

  • $-- HOA

  • 8,712 sqft lot

  • --/sqft

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 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 flexibilit...

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  • Houzeo last checked: 45 Minutes ago
  • Listing updated: November 19, 2025 at 7:44 pm
  • Source: California Regional MLS-CA | MLS#: IV25255366 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Riverside County

  • City

    Desert Hot Springs

  • Neighborhood

    --

  • Year Built

    1972

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    8,712 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    IV25255366

  • MLS Status

    Active

  • Days on Market

    29

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