13405 Ocotillo Road Desert Hot Springs, CA ^$ 1,500,000

13405 Ocotillo Road

^$ 1,500,000

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13405 Ocotillo Road

Desert Hot Springs, CA, 92240

^$ 1,500,000

Studio Baths1.0 Sq 7,455

Monthly Estimate*

^$ 9,358

Listed by KW Temecula

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Studio

Multi-Family Home for sale in Desert Hot Springs, CA

for $1,500,000 with 1 full bath. This 7,455 square foot home was built in 1987 on a lot size of 0.4.

Introducing Diva in the Desert - a prime investment opportunity located at 13405 Ocotillo Road, Desert Hot Springs, CA 92240. This multifamily property features 8 solidly built units, each boasting 2 bedrooms, 1 bath, and approximately 900 sqft of space. With washer-dryer connections, dishwashers, and spacious patios/balconies in each unit, the property offers a comfortable living experience. Strategically situated near the I-10 freeway and close to shopping and employment hubs, this gem built in 1987 presents a lucrative value-add prospect for an owner-operator. Highlights include the potential for income growth through additional parking, pet rent, and new amenities. The property's ideal apartment size caters to various households, ensuring steady demand. This long-term income generator also sets the stage for a high ROI fix-and-flip venture. Don't miss the chance to own a piece of the desert's charm with Diva in the Desert.

Multi-Family Active

Price

^$ 1,500,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4

Year Built

1987

Town/City

Desert Hot Springs

County/Region

Riverside

MLS | Web ID

SW25109855

Days on Market

206

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Tile

Zoning R3

Garage Spaces 8

Pool Features None

Year Built 1987

Tenant Pays Cable TV Electricity Gas Telephone

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 150576

Community Features Biking Suburban

County Riverside

Net Operating Income 95648

Operating Expense 51916

Insurance Expense 6800

New Construction 0

Property Type Residential Income

Contingency Seller will consider concessions based on offer price and terms.

Garage Y/N 1

Special Listing Conditions Standard

Status Active

Directions North on Palm. East on Ironwood. North on Ocotillo Rd.

City Desert Hot Springs

Entry Location 1st and 2nd floors

Senior Community Y/N 0

Open Parking Spaces 8

Number Of Units Total 8

MLS Area 340 - Desert Hot Springs

Lot Size Units Square Feet

Lot Size Square Feet 17424

Number of Units Leased 8

Listing Terms Cash Cash to New Loan 1031 Exchange

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 1800

Fuel Expense 0

Trash Expense 5000

Water Sewer Expense 6600

Additional Parcels Y/N 0

Rent Control Y/N 0

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 40

Total Actual Rent 150576

Property Sub Type Additional Apartment

Expected Active Date 2025-05-28

Taxes 27000

Cap Rate 6.4

Interior

Total Stories 2

Common Walls 2+ Common Walls

Air Conditioning Y/N 1

Heating Y/N 1

Laundry Features Washer Hookup In Kitchen See Remarks

Entry Level 1

Exterior

Fencing Block Stucco Wall

Parking Features Assigned Driveway Level Door-Single Garage On Site Private Shared Driveway Garage Faces Side Side By Side

Lot Features 6-10 Units/Acre Desert Front Level Rectangular Lot Street Level

Water Source Public

Total Parking 16

Lot Size Area 17424

Number of Buildings 1

Building Area Total 7455

Lot Size Acres 0.4

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 8

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

* Excluded Features

List By

Kw Temecula

Broker

socalapartments@kwcommercial.com

Affordability Calculator

$9,358

Per Month

Monthly Principal & Interest: $9,358
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Desert Hot Springs, CA

Average List Price ^$751,865

Percent of Sale Price 50%

About Desert Hot Springs, CA

28,699 Population

56% Since 2002

^$33,838 Median Income

33.65 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,500,000		Listed Price

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13405 Ocotillo Road, Desert Hot Springs, CA, 92240 is a Multi-Family Home for sale at $1,500,000 with 7,455 sqft and a lot size of 0.4. 13405 Ocotillo Road is a studio with 1.0 baths and was built in 1987. The property's zip code is 92240 which is in Desert Hot Springs, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/8/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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13405 Ocotillo Road

Multi-Family Home for sale in Desert Hot Springs, CA

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