CA > Desert Hot Springs
Desert Hot Springs, CA 92240,11583 Cactus DR
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Desert Hot Springs, CA 92240,11583 Cactus DR
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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Jacinta Martinez

Jacinta Martinez

+1(678) 656-0167
$ 574,850
Est. payment /mo
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11583 Cactus DR Desert Hot Springs, CA 92240

6 Beds

4 Baths

2,574 SqFt

UPDATED:

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 improved to $574,850. Excellent opportunity to acquire a fully occupied, income-producing triplex with upside potential through future rent increases and implementation of RUBS for utility reimbursement. Situated on the corner of Cactus Drive and 3rd Street, just blocks from downtown Desert Hot Springs, the property offers a strong unit mix consisting of a three-bedroom, two-bath; a two-bedroom, one-bath; and a one-bedroom, one-bath. All units feature tile flooring, low-maintenance desert landscaping, and the added benefit of an owned solar system currently covering all electrical costs, significantly reducing operating expenses. Recent improvements include fresh exterior paint, refinished stucco edges, partial exterior drywall replacement, new fencing, and updated landscaping. The owner also added a 45-foot RV parking area. Interior upgrades include new ceiling fans, lighting, interior paint, new doors and locks, as well as drywall touch-ups and a newly installed main A/C unit. With limited multifamily inventory in this high-demand rental market, this stabilized asset presents a compelling opportunity for investors seeking consistent cash flow and long-term appreciation. Please do not disturb tenants. Contact listing broker for more 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

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Wilson-Meade Commercial Real Estate
agent

Jacinta Martinez

Agent | License ID: 406100

+1(678) 656-0167

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11583 Cactus DR