David Cuthrell
San Antonio Realty
(657) 325-8791
13 Total Sales
2 in Desert Hot Springs
$329,000 Price Range
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)
Last Agent to Sell the Property
LE INVESTMENT GROUP Brokerage Phone: 909-256-7889 License #01468313 Listed on: 11/06/2025
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
David Cuthrell
San Antonio Realty
(657) 325-8791
13 Total Sales
2 in Desert Hot Springs
$329,000 Price Range
Robert Vanbeveran
Elite Homes Realty
(657) 256-5962
8 Total Sales
1 in Desert Hot Springs
$389,000 Price
Carlos Jaime
CTC Brokers & Associates
(949) 577-8117
29 Total Sales
2 in Desert Hot Springs
$415,000 Price Range
Kai Chan
Century 21 Masters
(833) 987-4048
13 Total Sales
1 in Desert Hot Springs
$349,000 Price
Daniella Parker
Coldwell Banker Realty
(657) 329-5357
6 Total Sales
1 in Desert Hot Springs
$160,000 Price
Nathalie Marles
Berkshire Hathaway HomeServices Crest Real Estate
(747) 223-7083
72 Total Sales
1 in Desert Hot Springs
$680,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $508,000 | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $1,350,000 | First American Title Insurance | |
| Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $90,000 | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $381,000 | New Conventional | |
| Previous Owner | $266,666 | Seller Take Back | |
| Previous Owner | $53,000 | Commercial | |
| Previous Owner | $40,000 | Seller Take Back |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2026 01/23/26 | Sold | $508,000 | -4.2% | $233 / Sq Ft |
| 12/30/2025 12/30/25 | Pending | -- | -- | -- |
| 11/19/2025 11/19/25 | Price Changed | $530,000 | -3.6% | $243 / Sq Ft |
| 11/06/2025 11/06/25 | For Sale | $550,000 | -- | $252 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $1,825 | $400,000 | $60,000 | $340,000 |
| 2025 | $3,089 | $126,538 | $12,034 | $114,504 |
| 2023 | $3,089 | $121,626 | $11,568 | $110,058 |
| 2022 | $1,873 | $119,242 | $11,342 | $107,900 |
| 2021 | $1,833 | $116,905 | $11,120 | $105,785 |
| 2020 | $1,756 | $115,707 | $11,006 | $104,701 |
| 2019 | $1,727 | $113,440 | $10,791 | $102,649 |
| 2018 | $1,692 | $111,217 | $10,581 | $100,636 |
| 2017 | $2,739 | $109,037 | $10,374 | $98,663 |
| 2016 | $2,581 | $106,900 | $10,171 | $96,729 |
| 2015 | $1,557 | $105,296 | $10,019 | $95,277 |
| 2014 | $1,538 | $103,235 | $9,824 | $93,411 |
Seller's Agent in 2026
Albert Le
LE INVESTMENT GROUP
(909) 256-7889
24 Total Sales
S
Buyer's Agent in 2026
Shelby Lawrence
Partners Real Estate Group
(909) 351-5105
1 Total Sale
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25255541
APN: 639-283-004
Ask me questions while you tour the home.