CA > Desert Hot Springs
Desert Hot Springs, CA 92240,68040 Club Circle
Desert Hot Springs, CA 92240,68040 Club Circle
Desert Hot Springs, CA 92240,68040 Club Circle
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$550,000
Est. payment /mo
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3 Beds
2 Baths
1,950 SqFt
New

68040 Club Circle Desert Hot Springs, CA 92240

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Gwendolyn Thomas

Gwendolyn Thomas

+1(702) 265-5005

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,950 sqft

Price per Sqft $282

MLS Listing ID IV25255522MR

Bedrooms 3

Year Built 1967

Lot Size 8,276 Sqft

Property Sub-Type Multi-Family

Property 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 $550,000 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 5.98% (Parma), 7.33% (Club Circle), and 8.64% (3rd Street). 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)

Location

State CA

County Riverside

Area Desert Hot Springs

Interior

Heating None

Laundry None

Exterior

Pool None

Community Features Sidewalks

Building

Story 1

Sewer Public Sewer

Water Public

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 LE INVESTMENT GROUP

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Gwendolyn Thomas

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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68040 Club Circle