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

  • 0.22Acres

Desert Hot Springs Home For Sale

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.

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • Parking Spaces6
  • ParkingDriveway, On Street
  • # of Garages4
  • GaragesDriveway, On Street
  • ViewMountain(s)

Additional Information

  • Date ListedApril 17th, 2025
  • Days on Market166
  • Short SaleN
  • RE / Bank OwnedN

Essential Information

  • MLS® #219132798DA
  • Price$574,850
  • Bathrooms0.00
  • Acres0.22
  • Year Built1956
  • TypeResidential Income
  • StatusActive
  • Listing AgentKate Rust
  • Listing OfficeWilson-Meade Commercial Real Estate

Exterior

  • Lot DescriptionCorner Lot, Yard

Community Information

  • Address11583 Cactus Drive
  • Area340 - Desert Hot Springs
  • SubdivisionNot Applicable-1
  • CityDesert Hot Springs
  • CountyRiverside
  • Zip Code92240

Interior

  • InteriorCarpet, Laminate
  • AppliancesGas Range, Water Heater
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories2
  • StoriesTwo

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Based on information from California Regional Multiple Listing Service, Inc. as of December 29th, 2025 at 12:15am PST. 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.