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11771 Upland Way
Desert Hot Springs, CA 92240 Desert Hot Springs

$915,000 USD

Apartments For Sale • 2,400 SF

Property Details

Property Type Apartments
Total Building Size 3,200 SF
Lot Size 0.35 AC
Building Class C
Year Built 1966
Cap Rate 9.50 %
Zoning TR, Desert Hot Spgs

20 Transit Score

30 Walk Score

                
                    Highlights
                
                                9.4% Cap Rate – Turnkey 7-Unit Compound | 2024 Full Remodel
                            
                                The property features 7 individual electric meters, a critical operational advantage
                            
                                Priced at $915,000 for a rapid sale, this asset provides over $400,000 in immediate equity compared to market-average cap rates.

Financial Summary (Actual)

Net Operating Income: $80,820 USD (2025)

Cap Rate:	9.50 %
Total Expenses:	$25,652 USD

Amenities

Air Conditioning
Dishwasher
Disposal
Microwave
Ceiling Fans
Refrigerator
Range
Yard
Deck
Double Pane Windows
Smoke Detector
Quartz Countertops

Public Transportation

Commuter Rail	Drive	Walk	Distance
	15 min	-	7.9 mi
Airport	Drive	Walk	Distance
Palm Springs International	18 min	-	9.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Joe Corbisiero 760-201-9252 Dream Homes Team

11771 Upland Way Desert Hot Springs, CA 92240 Desert Hot Springs