11075 Mesquite Ave, Desert Hot Springs, CA 92240
- $1,649,000
List Agent Amanda Lawler () HOM Realty Group, Inc.; CoList ()
- List Price
- $1,649,000
- Status
- ACTIVE
- MLS#
- OC26160229
- Year Built
- 2025
- Lot Size
- 16,117
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 5
- Property Type
- Multifamily
- Style
- Contemporary, Modern
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
- Neighborhood
- Unknown
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
Additional Information
- Taxes
- $9,675
- Appliances
- Dishwasher, Gas Cooktop, Gas Oven, Microwave
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- City Lights, Desert
- Exterior Construction
- Stucco
- Roof
- Flat
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.