- 3 Beds
- 2 Baths
- .2 Acres
- 38 DOM
12700 Parma
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 $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), 7.48% (Club Circle), and 9.01% (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)
Essential Information
- MLS® #IV25255366
- Price$530,000
- Bedrooms3
- Bathrooms2.00
- Acres0.20
- Year Built1972
- TypeResidential Income
- Sub-TypeTriplex
- StatusActive
Community Information
- Address12700 Parma
- Area699 - Not Defined
- CityDesert Hot Springs
- CountyRiverside
- Zip Code92240
Amenities
- Parking Spaces3
- PoolNone
Interior
- HeatingCentral
- # of Stories1
- StoriesOne
Exterior
- Lot DescriptionTwoToFiveUnitsAcre
Additional Information
- Date ListedOctober 16th, 2025
- Days on Market38
Listing Details
- AgentAlbert Le
- OfficeLE INVESTMENT GROUP
Price Change History for 12700 Parma, Desert Hot Springs, (MLS® #IV25255366)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $550,000 to $530,000 |
Albert Le, LE INVESTMENT GROUP.
Based on information from California Regional Multiple Listing Service, Inc. as of December 14th, 2025 at 2:25pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.