David Cuthrell
San Antonio Realty
(657) 325-8791
13 Total Sales
2 in Desert Hot Springs
$329,000 Price Range
66671 3rd St Desert Hot Springs, CA 92240
Desert Hot Springs Area
3
Beds
2
Baths
2,184
Sq Ft
6,534
Sq Ft Lot
About This Home
As of January 2026Le 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
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1958
Lot Details
- 6,534 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
- 644071014,642093004
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,184 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 3 Parking Spaces
- 3 Carport Spaces
Utilities
- Central Heating
Listing and Financial Details
- Legal Lot and Block 8 / J
- Tax Tract Number 4
- Assessor Parcel Number 639283004
- $1,580 per year additional tax assessments
Community Details
Overview
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $15,052
- Gross Income $62,814
- Net Operating Income $47,762
Ownership History
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
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2025
Closed on
Feb 2, 2026
Sold by
Bought by
Seller's Agent
Albert Le
LE INVESTMENT GROUP
Buyer's Agent
Shelby Lawrence
Partners Real Estate Group
List Price
$550,000
Sold Price
$508,000
Premium/Discount to List
-$42,000
-7.64%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,161
Avg. Annual Appreciation
2.35%
Original Mortgage
$381,000
Outstanding Balance
$379,163
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$134,998
Purchase Details
Listed on
Nov 6, 2025
Closed on
Jan 16, 2026
Sold by
Bought by
Seller's Agent
Albert Le
LE INVESTMENT GROUP
Buyer's Agent
Shelby Lawrence
Partners Real Estate Group
List Price
$550,000
Sold Price
$508,000
Premium/Discount to List
-$42,000
-7.64%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Outstanding Balance
$379,163
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$134,998
Purchase Details
Closed on
Jul 15, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,666
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 14, 2016
Sold by
Bought by
Purchase Details
Closed on
Oct 12, 2006
Sold by
Bought by
Purchase Details
Closed on
Jul 9, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
5.22%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 2003
Sold by
Bought by
Purchase Details
Closed on
Jan 8, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 24, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Desert Hot Springs, CA
-
David Cuthrell
-
Robert Vanbeveran
Robert Vanbeveran
Elite Homes Realty
(657) 256-5962
8 Total Sales
1 in Desert Hot Springs
$389,000 Price
-
Carlos Jaime
Carlos Jaime
Responds QuicklyCTC Brokers & Associates
(949) 577-8117
29 Total Sales
2 in Desert Hot Springs
$415,000 Price Range
-
Kai Chan
Kai Chan
Century 21 Masters
(833) 987-4048
13 Total Sales
1 in Desert Hot Springs
$349,000 Price
-
Daniella Parker
Daniella Parker
Coldwell Banker Realty
(657) 329-5357
6 Total Sales
1 in Desert Hot Springs
$160,000 Price
-
Nathalie Marles
Nathalie Marles
Berkshire Hathaway HomeServices Crest Real Estate
(747) 223-7083
72 Total Sales
1 in Desert Hot Springs
$680,000 Price
Purchase History
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 | -- | -- |
Source: Public Records
Mortgage History
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 |
Source: Public Records
Property History
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 |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
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 |
Source: Public Records
Agents Affiliated with this Home
-
Albert Le
Seller's Agent in 2026
Albert Le
LE INVESTMENT GROUP
(909) 256-7889
24 Total Sales
-
Shelby Lawrence
S
Buyer's Agent in 2026
Shelby Lawrence
Partners Real Estate Group
(909) 351-5105
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25255541
APN: 639-283-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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