11583 Cactus Drive

Desert Hot Springs, CA 92240

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 9583
    Sqft(Lot)
$574,850

Description

Price just improved! motivated seller. this is a rare opportunity to acquire a fully occupied, income-producing triplex with significant upside potential through future rent increases and the implementation of rubs for utility reimbursement. ideally located on the corner of cactus drive and 3rd street, just blocks from downtown desert hot springs, the property features a desirable unit mix consisting of a three-bedroom, two-bath; a two-bedroom, one-bath; and a one-bedroom, one-bath. each unit offers tile flooring, low-maintenance desert landscaping, and the added benefit of an owned solar system that currently covers all electrical costs, helping to minimize operating expenses. with limited multifamily inventory in this high-demand rental market, this stabilized asset presents a compelling opportunity for investors seeking steady cash flow and long-term growth. please do not disturb tenants. contact listing broker for additional information.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    50437215

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Property Appliances: Gas Range,Water Heater
    • Flooring: Carpet,Laminate

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

    Fireplace

    • Has Fireplace: 0

  • Building Information

    • Year Built: 1956

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.22
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 9583

  • Listing Price Information

    • Original List Price: 574,850
    • Listing Contract Date: 2025-04-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 639221049

  • Garage and Parking

    • Garage Description: Driveway,On Street

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 340 - Desert Hot Springs
    • Postal Code Plus 4: 3679
    • Directions: From I-10 travel North on Palm Drive to 3rd ST. travel west on 3rd Street. Property is located on the NWC of Cactus and 3rd.
    • Source Property Type: Residential Income
    • Area: 340 - Desert Hot Springs

    Building and Construction

    • Property Age: 69
    • Property Condition: Repairs Cosmetic
    • Year Built Source: Assessor
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 07/19/2025 @ 17:52

  • MLS: 219132798DA
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 9,583 sized lot, and 4 parking. are nearby neighborhoods.