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$1,649,000

Est. payment - /mo

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12 Beds

8 Baths

5,808 SqFt

New

11075 Mesquite Ave Desert Hot Springs, CA 92240

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Kurt Wannebo

kurt@wanneboreg.com +1(858) 405-5878

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Key Details

Property Type Single Family Home

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 5,808 sqft

Price per Sqft $283

MLS Listing ID OC26161970

Style Contemporary,Modern

Bedrooms 12

Full Baths 8

Year Built 2025

Lot Size 0.370 Acres

Property Sub-Type All Other Attached

Property Description

Brand-New 2025 Construction | Fully Occupied 4-Unit Investment Property Exceptional opportunity to own a newly constructed, fully leased four-unit residential income property in the growing Desert Hot Springs market. Built in 2025, this turnkey investment features four spacious 3-bedroom, 2-bath residences, each thoughtfully designed with modern finishes, open-concept floor plans, attached garages, and private entrances. Each unit is separately metered for water, sewer, gas, and electricity, keeping operating expenses low while providing immediate, stable cash flow. With no HOA, minimal maintenance expected due to new construction, and a 100% occupied rent roll, this property offers an outstanding investment opportunity for both seasoned investors and 1031 exchange buyers. Situated on a corner lot with attractive contemporary architecture and stunning mountain views, the property is conveniently located near shopping, schools, dining, Palm Springs, and Interstate 10. Property Highlights: Four (4) 3-bedroom, 2-bath units Built in 2025 Fully leased with strong in-place rental income Attached garages for every unit Individually metered water, sewer, gas & electric Contemporary finishes throughout No HOA Low operating expenses Excellent long-term appreciation potential Don't miss this rare opportunity to acquire a stabilized, newly constructed multifamily asset in one of the Coachella Valley's fastest-growing rental mar

Location

State CA

County Riverside

Direction Mission Lakes Blvd and Palm Dr

Interior

Interior Features Recessed Lighting

Heating Forced Air Unit

Cooling Central Forced Air

Flooring Linoleum/Vinyl

Fireplace No

Appliance Dishwasher, Microwave, Gas Oven, Gas Stove

Exterior

Parking Features Direct Garage Access, Garage, Garage - Single Door

Garage Spaces 4.0

Fence Good Condition, Wrought Iron

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

Water Access Desc Public

View Desert

Roof Type Flat

Accessibility None

Porch Concrete

Total Parking Spaces 5

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 639153013

Acceptable Financing Cash, Conventional, FHA, VA, Cash To New Loan

Listing Terms Cash, Conventional, FHA, VA, Cash To New Loan

Special Listing Condition Standard

Listed by Amanda Lawler, DRE#02048586 HOM Realty Group, Inc.

NEARBY SCHOOL & BUSINESS

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Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

11075 Mesquite Ave Desert Hot Springs, CA 92240

Kurt Wannebo

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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11075 Mesquite Ave