12700 Parma, Desert Hot Springs, CA 92240
Local realty services provided by:ERA North Orange County Real Estate
12700 Parma,Desert Hot Springs, CA 92240
$550,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: albert le
Office: le investment group
MLS#:IV25255366
Source:San Diego MLS via CRMLS
Price summary
- Price:$550,000
About this home
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 citys 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)
Contact an agent
Home facts
- Listing ID #:IV25255366
- Added:7 day(s) ago
- Updated:November 14, 2025 at 03:31 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
Finances and disclosures
- Price:$550,000
New listings near 12700 Parma
- New
$99,998Active0 Acres6 Hacienda, Desert Hot Springs, CA 92240
MLS# AR25259818Listed by: EXP REALTY OF GREATER LA, INC. - New
$56,500Active1 beds 1 baths700 sq. ft.70200 Dillon Road #157, Desert Hot Springs, CA 92241
MLS# 219138713DAListed by: SUN REAL ESTATE TEAM, INC - New
$757,500Active3 beds 3 baths2,117 sq. ft.73300 Paradise Avenue, Desert Hot Springs, CA 92241
MLS# 219138708DAListed by: WINDERMERE REAL ESTATE
$2,000Active0.08 Acres0 Corkill, Desert Hot Springs, CA 92241
MLS# 25508338PSListed by: RICHARD MARTIN REALTY- New
$469,860Active3 beds 3 baths1,748 sq. ft.64861 Burke Court, Desert Hot Springs, CA 92240
MLS# SR25255579Listed by: KELLER WILLIAMS ENCINO/SHERMAN OAKS - New
$369,900Active3 beds 2 baths1,402 sq. ft.13902 El Cajon Drive, Desert Hot Springs, CA 92240
MLS# 219138656DAListed by: DESERT EMPIRE REALTY - New
$435,000Active3 beds 2 baths1,575 sq. ft.12720 Cuando Way, Desert Hot Springs, CA 92240
MLS# 219138648DAListed by: HOMESMART - New
$210,000Active2 beds 2 baths988 sq. ft.66735 12th Street #A10, Desert Hot Springs, CA 92240
MLS# 219138634DAListed by: DESERT SANDS REALTY - Open Sat, 8 to 10:30amNew
$199,000Active2 beds 2 baths1,440 sq. ft.18070 Langlois Road #298, Desert Hot Springs, CA 92241
MLS# 219138629DAListed by: LPT REALTY - Open Sat, 11am to 2pmNew
$409,000Active3 beds 2 baths1,602 sq. ft.13895 West Drive, Desert Hot Springs, CA 92240
MLS# 219138630DAListed by: WEICHERT REALTORS-PREFERRED