Home | Riverside County | Desert Hot Springs | 92240 | 11771 Upland Way
MLS: SD260011149 | Status: | Price: $915,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | – | – |
Immediate 9.4% Cap Rate on a stabilized, high-cash-flow asset in the Desert Hot Springs opportunity zone. Extensively remodeled in 2024, this 7-unit multi-family property offers a rare combination of modern aesthetics and mechanical efficiency. The property features 7 individual electric meters, a critical operational advantage in the desert that shifts the highest utility burden—air conditioning—directly to the tenants. The 2024 renovation included updated systems, new finishes, and a private gated perimeter, ensuring zero deferred maintenance for the incoming investor. Priced at $915,000 for a rapid sale, this asset provides over $400,000 in immediate equity compared to market-average cap rates. Investment Highlights: Superior Yield: Stabilized 9.46% Cap Rate with a 19-21% expense ratio. Major 2024 Renovation: Turnkey asset with new systems and finishes. Operational Efficiency: 7 individual electric meters significantly reduce owner-paid utilities. Gated Perimeter: Enhances security and curb appeal for high-quality tenant retention. Marketing Flyer Framework The Property: 11771 Upland Way Price: $915,000 Units: 7 Status: Fully Remodeled 2024 Net Income: $86,601 Why Invest Here? Most investors in the Coachella Valley struggle with high utility costs and agi
| Field | Value |
|---|---|
| MLS # | SD260011149 |
| MLS Source | San Diego MLS |
| Days on Site | 5 |
Joe Corbisiero
Compass
License #: 01886351
Phone: (760) 201-9252
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 7 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Cabot Yerxa Elementary School | public | K-5 | 0.55 mi | 5 |
| Desert Springs Middle School | public | 6-8 | 1.19 mi | 2 |
| Desert Hot Springs High School | public | 9-12 | 1.26 mi | 3 |
| Two Bunch Palms Elementary School | public | K-5 | 1.43 mi | 2 |
| Bella Vista Elementary School | public | K-5 | 1.64 mi | 3 |
| Painted Hills Middle School | public | 6-8 | 1.77 mi | 2 |
| Bubbling Wells Elementary School | public | K-5 | 1.79 mi | 2 |
| Julius Corsini Elementary School | public | K-5 | 2.19 mi | 4 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 13627 Hermano Way | $890,000 | – | – | – | |
| 66327 7th | $789,000 | – | – | – |
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This listing information is up-to-date as of May 08, 2026. For the most current information, please contact Joe Corbisiero, (760) 201-9252.