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    12700 Parma Dr Desert Hot Springs, CA 92240

    For Sale
    $530,000

    Three-unit multifamily property in Desert Hot Springs, California.

    Lot size:
    0.20 Acres

    Property Features for 12700 Parma Dr

    General Information

    Lot size
    0.20 Acres

    Building Details

    Year built
    1972

    Source: LE INVESTMENT GROUP Agent ALBERT LE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Desert Hot Springs Triplex

    This multifamily property is located at 12700 Parma Drive in Desert Hot Springs, CA. It is one of a three-property multifamily portfolio totaling nine units. The property features a mix of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. It offers functional layouts and carport parking. The current cap rate is 6.25%. The property is situated within a well-maintained neighborhood in the city's desirable Spa Zone. This triplex is offered individually or together with the other two properties in the portfolio, providing flexibility for investors seeking either residential financing advantages or portfolio-scale stability and cash flow.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Desert Hot Springs
    County
    Riverside
    State
    California
    Longitude
    -116.4861054
    Latitude
    33.9564412

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    FAQs

    What type of property is this?
    Triplex - Three-unit multifamily property in Desert Hot Springs, California.
    Where is this triplex located?
    The property is located at 12700 Parma Dr Desert Hot Springs, CA.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: - High Cap Rates: Properties offer strong in-place income with cap rates ranging from 6.25% to 9.01%.; - Multifamily Portfolio: Opportunity to acquire a portfolio of three triplexes totaling nine units.; - Desirable Location: Two of the properties are located in Desert Hot Springs' desirable Spa Zone.
    (909) 256-7889
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    12700 Parma Dr Desert Hot Springs, CA 92240
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    Desert Hot Springs, CA 92240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12700 Parma Dr Desert Hot Springs, CA 92240
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