Images
Request Info$890,000
Active
11771 upland way Overview
- Time on Site:
- 52 days
- Visits:
- 0
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
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
11771 upland way Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Gross Scheduled Income: 109764.0
- Operating Expense: 13230.0
Location/Region
- Country: US
- County Or Parish: Riverside
- MLS Area Major: 340 - Desert Hot Springs
- Postal City: DESERT HOT SPRINGS
General Information
- Parcel Number: 639322016
- Property Sub Type: Mixed Use
- Property Type: Commercial Sale
Interior
Beds/Baths
- Bathrooms Total: 0
General Information
- Heating: No
Exterior
Lot Information
- Number Of Buildings: 2
Building Exterior/Construction
- Construction Materials: Drywall,Stucco
General Information
- Number Of Units Total: 7
11771 upland way Neighborhood
Desert Hot Springs
Desert Hot Springs, also referred to as "DHS", is a Riverside County city located in the Coachella Valley north of Palm Springs. The city’s name is derived from the numerous natural hot springs that dot the landscape. It is one of the few places in the world to boast naturally occurring hot and cold mineral springs due to the presence of two aquifers that are separated by the Mission Creek Fault, a branch of the San Andreas Fault.
Community
92240 (Desert Hot Springs) Demographics
37
Median Age
981
Population Density (per sq. mile)
23%
College Educated
$40,456
Estimated Median Income
6,801
Estimated Total Home Owners
6,154
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.11771 upland way Monthly Cost
11771 upland way Market Data
Based on the last 30 days in this zip code
$423,362
Average List Price
$252
Average Price per Square Foot
45
Properties Sold
92
Average Days on Market
498
Properties for Sale
11771 upland way History
| Date | Value | Agent |
|---|---|---|
| 5/8/2026Source: CRMLS | May 08, 2026 |
Listing provided courtesy of CompassJoe Corbisiero- MLS# 260011149SD
Contact Information: [email protected] - 619-353-5799
Contact Information: [email protected] - 619-353-5799