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Sold for $510,000
    • Listed by: LE INVESTMENT GROUP • ALBERT LE • Contact: 909-256-7889
    Bought with: Top Producers Realty Partners
    $510,000

    12700 Parma Dr, Desert Hot Springs, CA 92240

    4beds
    3baths
    2,336sqft
    Triplex
    Built in 1972
    -- sqft lot
    $514,100 Zestimate®
    $218/sqft
    $1,661 Estimated rent

    Home value

    $514,100

    $468,000 - $566,000

    $1,661/mo

    Zestimate® history
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    What's special

    Le Investment Group is pleased to present this two-property multifamily portfolio totaling six (6) units in Desert Hot Springs, CA. The portfolio includes 12700 Parma Drive and 68040 Club Circle Drive, all situated within well-maintained neighborhoods, 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) and 7.48% (Club Circle). 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)

    Zillow last checked:

    Listing updated:

    Listed by:

    ALBERT LE DRE #01468313 909-256-7889,

    LE INVESTMENT GROUP

    Bought with:

    Vanessa O'Neill, DRE #01499193

    Top Producers Realty Partners

    Source: CRMLS,MLS#: IV25255366MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Central
    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,336
    • Total interior livable area: 2,336 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Carport
    • Carport spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Floor
    • Pool features: None
    Lot
    • Size: 8,712 Square Feet
    • Features: 2-5 Units/Acre
    Details
    • Additional parcels included: 644071014,639283004
    • Parcel number: 642093004
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Desert Hot Springs

    Financial & listing details

    • Price per square foot: $218/sqft
    • Tax assessed value: $115,973
    • Annual tax amount: $1,701
    • Date on market: 11/6/2025
    • Cumulative days on market: 76 days
    • Listing terms: Conventional

    Price history

    DateEventPrice
    2/25/2026Sold$510,000-3.8%$218/sqft
    Source: CRMLS #IV25255366 Report a problem
    2/23/2026Pending sale$530,000+616.2%$227/sqft
    Source: CRMLS #IV25255366 Report a problem
    5/24/1999Sold$74,000$32/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,701 -1.7%$115,973 +2%
    2024$1,731 -1.1%$113,700 +2%
    2023$1,750 +0.3%$111,472 +2%
    2022$1,744 +2.2%$109,287 +2%
    2021$1,707 +4.4%$107,145 +1%
    2020$1,635 +1.6%$106,047 +2%
    2019$1,609 +2.1%$103,969 +2%
    2018$1,576 +1.8%$101,931 +2%
    2017$1,548 $99,934 +2%
    2016$1,548 +6.7%$97,976 +1.5%
    2015$1,451 +1.3%$96,506 +2%
    2014$1,432 $94,618 +0.5%
    2013-- $94,192 +2%
    2012-- $92,346 +2%
    2011-- $90,536 +0.8%
    2010-- $89,861 -0.2%
    2009-- $90,077 +2%
    2008-- $88,312 +2%
    2007-- $86,581 +2%
    2006-- $84,884 +2%
    2005-- $83,221 +3.9%
    2003-- $80,097 +2%
    2002-- $78,528 +2%
    2001$1,085 +2.5%$76,989 +2%
    2000$1,059 $75,480
    Find assessor info on the county website

    Neighborhood: 92240

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    Estimated market value
    $514,100
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    Estimated market value
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