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11771 Upland Way

Desert Hot Springs CA 92240

3200 sq. ft.
Other
Currently for sale - view listing

Overview

Immediate 9.4% Cap Rate on a stabilized, high-cash-flow asset in the Desert Hot Springs opportunity zone. Extensively remodeled in 2024, this 7-unit multi-family property offers a rare combination of modern aesthetics and mechanical efficiency. The property features 7 individual electric meters, a critical operational advantage in the desert that shifts the highest utility burden—air conditioning—directly to the tenants. The 2024 renovation included updated systems, new finishes, and a private gated perimeter, ensuring zero deferred maintenance for the incoming investor. Priced at $915,000 for a rapid sale, this asset provides over $400,000 in immediate equity compared to market-average cap rates. Investment Highlights: Superior Yield: Stabilized 9.46% Cap Rate with a 19-21% expense ratio. Major 2024 Renovation: Turnkey asset with new systems and finishes. Operational Efficiency: 7 individual electric meters significantly reduce owner-paid utilities. Gated Perimeter: Enhances security and curb appeal for high-quality tenant retention. Marketing Flyer Framework The Property: 11771 Upland Way Price: $915,000 Units: 7 Status: Fully Remodeled 2024 Net Income: $86,601 Why Invest Here? Most investors in the Coachella Valley struggle with high utility costs and aging infrastructure. This property solves both. With a 2024 remodel and individual metering, your overhead is locked in while your income is protected by the high demand for modern rentals in the 92240 zip code.

Features

3200 sq. ft. floor area
Other

Property history for 11771 Upland Way

2023
Sold
Undisclosed
03 Mar 2023

Happy sellers in Desert Hot Springs

90%
90% of sellers in Desert Hot Springs reported that their sale price either exceeded or met their price expectations.

Desert Hot Springs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Desert Hot Springs over the last 12 months.

Local market activity for other properties in Desert Hot Springs

In the last 12 months, 74 other properties similar to 11771 Upland Way, have been sold.

This represents a 7% increase in other properties sales when compared to the previous 12 months.

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