11771 Upland Way, Desert Hot Springs, CA 92240
Local realty services provided by:ERA North Orange County Real Estate
Listed by: joe corbisiero
Office: compass
MLS#:260011149
Source:San Diego MLS via CRMLS
Price summary
- Price:$890,000
- Price per sq. ft.:$278.13
About this home
11.0% Cap Rate | 7 Units | Fully Remodeled 2023 | Seller Motivated — Priced to Sell Don't let this one sit on your screen. This 7-unit income property in Desert Hot Springs delivers an 11.0% cap rate at the asking price of $890,000 — and it's already performing. Gross annual rents at full occupancy exceed $122,000, with a net operating income of $98,244 based on current actuals. Unit mix: 4 studios, 1 one-bedroom/one-bath, 2 two-bedroom/one-bath units, plus 1 fully detached unit. Entire property was fully remodeled in 2024 — new everything. Low deferred maintenance, gated private lot on 0.34 acres, driveway parking. Wall furnace heat, wall/window A/C, tile flooring throughout. Priced $41,000 below the Zillow Zestimate of $931,100. At $127,143 per door, this is well below replacement cost for new construction. Cash or 1031 exchange only — ideal as a replacement property for sellers coming out of a larger asset. Seller is motivated and wants a clean, fast close. Bring your buyers. The numbers speak for themselves. Contact Joe Corbisiero | Compass | DRE #01886351 | (760) 201-9252...
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Home facts
- Listing ID #:260011149
- Added:142 day(s) ago
- Updated:September 28, 2026 at 02:27 PM
Rooms and interior
- Living area:3,200 sq. ft.
Heating and cooling
- Cooling:Heat Pump
Structure and exterior
- Building area:3,200 sq. ft.
Finances and disclosures
- Price:$890,000
- Price per sq. ft.:$278.13
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