11771 Upland Way, Desert Hot Springs, California 92240

  • $890,000
  • $915,000
11771 upland way, Desert Hot Springs, CA 92240
Active
11771 Upland Way, Desert Hot Springs, California 92240
11771 upland way, Desert Hot Springs, CA 92240
  • $890,000
  • $915,000

Description

11.0% Cap Rate | 7 Units | Fully Remodeled 2023 | Seller Motivated — Priced to Sell Don’t let this one sit on your screen. This 7-unit income property in Desert Hot Springs delivers an 11.0% cap rate at the asking price of $890, 000 — and it’s already performing. Gross annual rents at full occupancy exceed $122, 000, with a net operating income of $98, 244 based on current actuals. Unit mix: 4 studios, 1 one-bedroom/one-bath, 2 two-bedroom/one-bath units, plus 1 fully detached unit. Entire property was fully remodeled in 2024 — new everything. Low deferred maintenance, gated private lot on 0.34 acres, driveway parking. Wall furnace heat, wall/window A/C, tile flooring throughout. Priced $41, 000 below the Zillow Zestimate of $931, 100. At $127, 143 per door, this is well below replacement cost for new construction. Cash or 1031 exchange only — ideal as a replacement property for sellers coming out of a larger asset. Seller is motivated and wants a clean, fast close. Bring your buyers. The numbers speak for themselves. Contact Joe Corbisiero | Compass | DRE #01886351 | (760) 201-9252

  • Address 11771 upland way
  • City Desert Hot Springs
  • State/county CA
  • Zip/Postal Code 92240
  • Country US

Details

Updated on May 29, 2026 at 4:05 pm
  • Property ID: 260011149SD
  • Price: $890,000
  • Property Type: Mixed Use, Commercial Sale
  • Property Status: Active

Additional details

  • Cooling: Heat Pump
  • County: Riverside
  • Property Type: Commercial Sale

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