Search
Restaurant and Triplex on Palm
For Sale
Contact for pricing

11741 Palm Dr, Desert Hot Springs, CA 92240

Operational restaurant and triplex near downtown Desert Hot Springs.

Property SizeContact for details
Days on Market136

Property Features for 11741 Palm Dr

General Information

Standard status Active
Property subtype Business for Sale, Mixed Use
Listing Agency: HomeSmart Professionals
Listed By: David Rosales · License #CA 02058888
Source: Crexi
Added: Mar 27 Changed: Aug 8 Last Checked: Aug 8 at 3:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Professionals

Investment Insights

Based on property information with market context.

This property features an operational restaurant and a triplex, each with three separate leases, all located on a single parcel. The building is historically significant, recognized as one of the first restaurants in Desert Hot Springs. Situated just off the main road and two blocks from downtown, the location is highly desirable. The restaurant has a valid liquor license and is permitted for late-night operations. The seller is open to selling the triplex independently or as part of a combined deal. Buyers are advised to conduct their own due diligence regarding square footage, building codes, and permits.

Key Highlights

  • Operational restaurant with valid liquor license and late‑night operation permit.
  • Triplex with three separate leases provides immediate rental income.
  • Prime location: off main road and two blocks from downtown.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply (Bike/Boat/Book/etc) Store Parking Lot & Garage Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby

Demographics for 92240, CA

40,920
Population
15,977
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
35.7 sq mi
ZIP Area
1,146
Density / Sq Mi
$51,284
Median Household Income
$32,137
Median Earnings
$1,367
Median Rent
$294,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Operational restaurant and triplex near downtown Desert Hot Springs.
Where is this mixed-use property located?
The property is located at 11741 Palm Dr Desert Hot Springs, CA.
What are key features of this property?
This property features: Operational restaurant with valid liquor license and late‑night operation permit.; Triplex with three separate leases provides immediate rental income.; Prime location: off main road and two blocks from downtown.
(760) 904-7626 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message