12700 Parma, Desert Hot Springs, CA 92240
- $510,000
- Sold Price
- $510,000
- List Price
- $530,000
- Closing Date
- Feb 25, 2026
- Status
- CLOSED
- MLS#
- IV25255366
- Year Built
- 1972
- Lot Size
- 8,712
- Acres
- 0.20
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 75
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
Property Description
Le Investment Group is pleased to present this two-property multifamily portfolio totaling six (6) units in Desert Hot Springs, CA. The portfolio includes 12700 Parma Drive and 68040 Club Circle Drive, all situated within well-maintained neighborhoods, 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) and 7.48% (Club Circle). 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)
Additional Information
- Pool Description
- None
- Heat
- Central
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $47,316
- Operating Expense
- 12785
Listing courtesy of Listing Agent: ALBERT LE (albert.le@leinvestmentgroup.com) from Listing Office: LE INVESTMENT GROUP.
Listing sold by Vanessa O'Neill from Top Producers Realty Partners
Mortgage Calculator
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