11583 Cactus DR new Save Request In-Person Tour Request Virtual Tour
Desert Hot Springs,CA 92240
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,574 sqft
Price per Sqft $223
MLS Listing ID 219132798
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1956
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Price just improved! Motivated Seller.
This is a rare opportunity to acquire a fully occupied, income-producing triplex with significant upside potential through future rent increases and the implementation of RUBS for utility reimbursement. Ideally located on the corner of Cactus Drive and 3rd Street, just blocks from downtown Desert Hot Springs, the property features a desirable unit mix consisting of a three-bedroom, two-bath; a two-bedroom, one-bath; and a one-bedroom, one-bath. Each unit offers tile flooring, low-maintenance desert landscaping, and the added benefit of an owned solar system that currently covers all electrical costs, helping to minimize operating expenses. With limited multifamily inventory in this high-demand rental market, this stabilized asset presents a compelling opportunity for investors seeking steady cash flow and long-term growth. Please do not disturb tenants. Contact listing broker for additional information.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Interior
Heating Central
Cooling Central Air
Fireplace false
Exterior
Exterior Feature Balcony
Garage Spaces 4.0
Fence Fenced
View Y/N true
View Mountain(s)
Private Pool No
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Sewer In, Connected and Paid
Level or Stories Two
Others
Senior Community No
Acceptable Financing Cash,Cash to New Loan,VA Loan
Listing Terms Cash,Cash to New Loan,VA Loan
Special Listing Condition Standard