11771 Upland Way, Desert Hot Springs, CA 92240

Desert Hot Springs
Local realty services provided by:ERA Donahoe Realty
11771 Upland Way,Desert Hot Springs, CA 92240
$915,000
  • - Beds
  • - Baths
  • 3,200 sq. ft.
  • Multi-family
  • Active
Listed by: joe corbisiero
Office: compass
MLS#:260011149
Source:San Diego MLS via CRMLS

Price summary

  • Price:$915,000
  • Price per sq. ft.:$285.94

About this home

Immediate 9.4% Cap Rate on a stabilized, high-cash-flow asset in the Desert Hot Springs opportunity zone. Extensively remodeled in 2024, this 7-unit multi-family property offers a rare combination of modern aesthetics and mechanical efficiency. The property features 7 individual electric meters, a critical operational advantage in the desert that shifts the highest utility burden—air conditioning—directly to the tenants. The 2024 renovation included updated systems, new finishes, and a private gated perimeter, ensuring zero deferred maintenance for the incoming investor. Priced at $915,000 for a rapid sale, this asset provides over $400,000 in immediate equity compared to market-average cap rates. Investment Highlights: Superior Yield: Stabilized 9.46% Cap Rate with a 19-21% expense ratio. Major 2024 Renovation: Turnkey asset with new systems and finishes. Operational Efficiency: 7 individual electric meters significantly reduce owner-paid utilities. Gated Perimeter:...

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Home facts

  • Listing ID #:260011149
  • Added:6 day(s) ago
  • Updated:May 15, 2026 at 02:31 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:$915,000
  • Price per sq. ft.:$285.94
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