11583 Cactus Drive

Desert Hot Springs, CA 92240

– beds
– baths
– sqft
9,583 sqft lot
1956 build
– on site

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.

Listed By CRMLS_CA / Kate Rust / Wilson-Meade Commercial Real Estate

Last checked: Checking… • Last updated Jul 18, 2025 •

MLS# 219132798DA —

This property is listed in more than one place. See it here.

The Building

Year Built:

1956
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

3
# of Buildings:

1
Stories Total:

2
# of Separate Gas Meters:

1
# of Separate Water Meters:

1
# of Separate Electric Meters:

1

Interior

Levels:

Two
Flooring:

Carpet, Laminate
Room Type:

Living Room
Fireplace:

No

Location

Directions:

From I-10 travel North on Palm Drive to 3rd ST. travel west on 3rd Street. Property is located on the NWC of Cactus and 3rd.
Latitude:

33.96444500
Longitude:

-116.50598000

The Property

Property Type:

Residential Income
Property Condition:

Repairs Cosmetic
Lot Features:

Yard, Corner Lot
Lot Size Area:

9583.0000
Lot Size Acres:

0.2200
Lot Size SqFt:

9583.00
Lot Size Source:

Assessor
View:

1
View:

Mountain(s)
Property Attached:

1
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

639221049

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Gas Range, Water Heater
Included:

Yes

The Community

Subdivision:

Not Applicable-1
Subdivision:

Not Applicable-1
Senior Community:

No
Private Pool:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Street, Driveway
Parking Spaces:

6.00
Garage Spaces:

4.00

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
7/16/25 Jul 16, 2025	Listed / Active	CRMLS_CA	$574,850	560.7% (38.2% / YR)
6/24/25 Jun 24, 2025	Price Changed	DAMLS
4/17/25 Apr 17, 2025	Listed / Active	DAMLS

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This multifamily located in Desert Hot Springs, CA 92240 is currently for sale for $574,850. 11583 Cactus Drive is a – square foot multifamily with – beds and – baths that has been on Estately for 3 days.

Listing Courtesy of: CRMLS_CA and Wilson-Meade Commercial Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 00:08 on Jul 19.

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.