11583 Cactus Drive Desert Hot Springs, CA $ 574,850
11583 Cactus Drive
$ 574,850
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11583 Cactus Drive

Desert Hot Springs, CA, 92240
$ 574,850
Bedrooms6 Baths4.0 Sq 2,574

Monthly Estimate*

$ 3,586

11583 Cactus Drive, Desert Hot Springs, CA 92240 - Image 1
11583 Cactus Drive, Desert Hot Springs, CA 92240 - Image 2
11583 Cactus Drive, Desert Hot Springs, CA 92240 - Image 3
11583 Cactus Drive, Desert Hot Springs, CA 92240 - Image 4
11583 Cactus Drive, Desert Hot Springs, CA 92240 - Image 5

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

for $574,850 with 6 bedrooms and 4 full baths. This 2,574 square foot home was built in 1956 on a lot size of 0.22.

Price improved to $574,850. Excellent opportunity to acquire a fully occupied, income-producing triplex with upside potential through future rent increases and implementation of RUBS for utility reimbursement. Situated on the corner of Cactus Drive and 3rd Street, just blocks from downtown Desert Hot Springs, the property offers a strong unit mix consisting of a three-bedroom, two-bath; a two-bedroom, one-bath; and a one-bedroom, one-bath. All units feature tile flooring, low-maintenance desert landscaping, and the added benefit of an owned solar system currently covering all electrical costs, significantly reducing operating expenses. Recent improvements include fresh exterior paint, refinished stucco edges, partial exterior drywall replacement, new fencing, and updated landscaping. The owner also added a 45-foot RV parking area. Interior upgrades include new ceiling fans, lighting, interior paint, new doors and locks, as well as drywall touch-ups and a newly installed main A/C unit. With limited multifamily inventory in this high-demand rental market, this stabilized asset presents a compelling opportunity for investors seeking consistent cash flow and long-term appreciation. Please do not disturb tenants. Contact listing broker for more information.

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Multi-Family Active

Price

$ 574,850

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.22

Year Built

1956

Town/City

Desert Hot Springs

County/Region

Riverside

MLS | Web ID

219132798

Features
General
Sewer In Connected and Paid
Heating Central
Cooling Central Air
Possession Close Of Escrow
Garage Spaces 4.0
3/4 Baths 0
Full Baths 4
Half Baths 0
Year Built 1956
Tenant Pays Cable TV
View Mountain(s)
Levels Two
Community Features Sidewalks Street Lighting Curbs
County Riverside
New Construction No
Property Type C
Subdivision Name Not Applicable
Status Active
City Desert Hot Springs
Senior Community Y/N No
MLS Area 340 - Desert Hot Springs
Lot Size Square Feet 9583.2
Carport Spaces 0.0
Listing Terms VA Loan Cash to New Loan Cash
Property Condition Repair Cosmetic
Walk Score 0
Standard Status Active
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Exterior
Exterior Amenities Balcony
Fencing Fenced
Parking Features Total Covered Spaces Driveway On Street
Lot Features Corner Lot
Total Parking 6.0
Lot Size Area 9583.0
Spa No
Pool Y/N? No
Building Area Total 2574.0
Lot Size Acres 0.22
Road Surface Type Paved
Lot Size Source Assessor
Land Lease Type Fee
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Interior
Flooring Laminate Carpet
Kitchen Appliances Gas Range
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
1/4 Baths 0
Total Bathrooms 4.0
Total Baths 4
Total Bedrooms 6
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* Excluded Features
List By
Kate Rust

Listing Agent

Wilson-Meade Commercial Real Estate

Broker

Affordability Calculator

$3,586
Per Month
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Monthly Principal & Interest
$3,586
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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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2025$574,850 Listed Price

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11583 Cactus Drive, Desert Hot Springs, CA, 92240 is a Multi-Family Home for sale at $574,850 with 2,574 sqft and a lot size of 0.22. 11583 Cactus Drive has 6 bedrooms, 4.0 baths, and was built in 1956. The property's zip code is 92240 which is in Desert Hot Springs, CA