Desert Hot Springs, CA 92240,11583 Cactus DR
Desert Hot Springs, CA 92240,11583 Cactus DR
Desert Hot Springs, CA 92240,11583 Cactus DR
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$574,850
Est. payment /mo
6 Beds
4 Baths
2,574 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,574 sqft

Price per Sqft $223

MLS Listing ID 219132798DA

Bedrooms 6

Full Baths 4

Construction Status Repair Cosmetic

Year Built 1956

Annual Tax Amount $7,904

Tax Year 2025

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Multi-Family

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 Desert Hot Springs

Interior

Heating Central

Cooling Central

Flooring Carpet, Laminate

Equipment Range/Oven

Exterior

Parking Features Driveway, On street

Garage Spaces 6.0

View Y/N Yes

View Mountains

Building

Lot Description Yard

Story 2

Sewer In Connected and Paid

Level or Stories Two

Construction Status Repair Cosmetic

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Wilson-Meade Commercial Real Estate

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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