0 Baths

$842,500

11771 Upland Way, Desert Hot Springs CA, 92240

Property typeCommercial

Bought with Susan Miller with Susan Miller, Broker and Listed by Joe Corbisiero CA DRE# 01886351 with Compass 760-201-9252

Overview

Sold

Closed

Listed May 8, 2026

Updated 11h ago

11.0% Cap Rate | 7 Units | Fully Remodeled 2023 | Seller Motivated — Priced to Sell * Don't let this one sit on your screen. This 7-unit income property in Desert Hot Springs delivers an 11.0% cap rate at the asking price of $890,000 — and it's already performing. Gross annual rents at full occupancy exceed $122,000, with a net operating income of $98,244 based on current actuals. * Unit mix: 4 studios, 1 one-bedroom/one-bath, 2 two-bedroom/one-bath units, plus 1 fully detached unit. Entire property was fully remodeled in 2024 — new everything. Low deferred maintenance, gated private lot on 0.34 acres, driveway parking. Wall furnace heat, wall/window A/C, tile flooring throughout. * Priced $41,000 below the Zillow Zestimate of $931,100. At $127,143 per door, this is well below replacement cost for new construction. Cash or 1031 exchange only — ideal as a replacement property for sellers coming out of a larger asset. * Seller is motivated and wants a clean, fast close. Bring your buyers. The numbers speak for themselves. * Contact Joe Corbisiero | Compass | DRE #01886351 | (760) 201-9252

Also listed on CLAW

Bought with Susan Miller with Susan Miller, Broker and Listed by Joe Corbisiero CA DRE# 01886351 with Compass 760-201-9252

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/10/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/10/2026 at 7:01 AM UTC Last Checked: 7:01 AM UTC