Millman Team Real Estate

$530,000
0.20 Acre Lot

12700 Parma, Desert Hot Springs, California 92240

  • Residential Income Property Type
  • 1972 Year Built
Property Description

Le Investment Group is pleased to present this two-property multifamily portfolio totaling six (6) units in Desert Hot Springs, CA. The portfolio includes 12700 Parma Drive and 68040 Club Circle Drive, all situated within well-maintained neighborhoods, which lie in the city’s desirable Spa Zone. Each property is priced at $530,000 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 6.25% (Parma) and 7.48% (Club Circle). 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)

Basic Details
Residential Income
For Sale
IV25255366
$530,000
1972
0.20 Acre
Active Under Contract
1
Triplex
Features
: None
: Central
3.0
: None
: Public Sewer
$0
Address Map
CA
Riverside
Desert Hot Springs
92240
Parma
12700
Please refer to maps for each of the properties.
699 - Not Defined
Additional Information
$0
$0
$0
$0
$0
2336
: Sidewalks
1
: One
: 2-5 Units/Acre
3
2025-11-06
550000
1
1
: Public
Broker/Agent Information
LE INVESTMENT GROUP
ALBERT LE
Listing Information
IVLEALBER
IVLEIN
Conventional
Active Under Contract
2026-01-24T15:01:18Z
CRMLS
: Standard
2026-01-23T14:58:52Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us