Price Reduced Listing11075 Mesquite Ave,Desert Hot Springs, CA 92240
Desert Hot Springs, CA 92240
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
Details
| MLS # | OC26161970 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2025 |
| Days On Site | 34 |
| Listing Provided By | HOM Realty Group, Inc. | Amanda Lawler |
Features
| Bed(s) | 12 |
|---|---|
| Bath(s) | 8 Total |
| SQ Feet | 5,808 |
| Garage | 4 |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.37 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Open Floorplan, Recessed Lighting, All Bedrooms Up |
| Window Features | Double Pane Windows |
| Appliances | Dishwasher, Gas Cooktop, Gas Oven, Microwave |
| Fireplace Yes / No | No |
Exterior
| Roof | Flat |
|---|---|
| Foundation Details | Slab |
| Lot Features | Zero To One Unit Acre |
| Fencing | Good Condition, Wrought Iron |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Parking Features | Concrete, Direct Access, Door Single, Driveway, Garage, On Site, Paved |
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected |
|---|---|
| Electric | Electricity On Property |
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Desert Hot Springs |
| Zip Code | 92240 |
| Area | 340 Desert Hot Springs |
| Community Name | unknown |
| Listing VS Median (in unknown) | |
Price: $1,589,000 low | high Med: $850,000 sqft: 5,808 low | high Med: 1,928 $ / sqft: $274 low | high Med: $493 On site: 34 low | high Med: 29 | |
Market Activity 92240
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Desert Hot Springs |
| Zip Code | 92240 |
| Area | 340 Desert Hot Springs |
| Community Name | unknown |
| Listing VS Median (in unknown) | |
Price: $1,589,000 low | high Med: $850,000 sqft: 5,808 low | high Med: 1,928 $ / sqft: $274 low | high Med: $493 On site: 34 low | high Med: 29 | |
