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11583 Cactus Drive Desert Hot Springs, CA 92240
$574,850 0 beds, 0 baths
0 sqft
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Agent Remarks

Price improved to $574,850. Excellent opportunity to acquire a fully occupied, income-producing triplex with upside potential through future rent increases and implementation of RUBS for utility reimbursement. Situated on the corner of Cactus Drive and 3rd Street, just blocks from downtown Desert Hot Springs, the property offers a strong unit mix consisting of a three-bedroom, two-bath; a two-bedroom, one-bath; and a one-bedroom, one-bath. All units feature tile flooring, low-maintenance desert landscaping, and the added benefit of an owned solar system currently covering all electrical costs, significantly reducing operating expenses. Recent improvements include fresh exterior paint, refinished stucco edges, partial exterior drywall replacement, new fencing, and updated landscaping. The owner also added a 45-foot RV parking area. Interior upgrades include new ceiling fans, lighting, interior paint, new doors and locks, as well as drywall touch-ups and a newly installed main A/C unit. With limited multifamily inventory in this high-demand rental market, this stabilized asset presents a compelling opportunity for investors seeking consistent cash flow and long-term appreciation. Please do not disturb tenants. Contact listing broker for more information.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 219132798DA
List price is $574,850
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1956
2 stories
0.22 acres
Lot size: 0.2200
Subdivision: Not Applicable-1
County: Riverside
Appliances: Gas Range,Water Heater
Parking description: Driveway,On Street
Lot description: Corner Lot,Yard
Heating/cooling: Central Air
Heating description: Central
MLS area: 340 - Desert Hot Springs

Last Updated: 7/18/2025

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This listing belongs to the 340 - Desert Hot Springs MLS area

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Lat/Long: 33.964445, -116.505980.
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Listing Agent: Kate Rust
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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