11075 Mesquite Ave Desert Hot Springs, CA 92240
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,808 sqft
Price per Sqft $273
MLS Listing ID OC-26160229
Style Contemporary,Modern
Year Built 2025
Lot Size 0.370 Acres
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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
Area 340 - Desert Hot Springs
Interior
Interior Features Open Floorplan, Recessed Lighting
Heating Central
Fireplaces Type None
Inclusions ALL APPLIANCES
Laundry Inside
Exterior
Parking Features Garage, Garage - Single Door, Garage Door Opener, On Site, Paved, Private, Other, Concrete, Direct Garage Access
Garage Spaces 4.0
Pool None
Community Features Curbs, Gutters, Suburban
Utilities Available Sewer Connected, Water Connected, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
View Y/N Yes
View City Lights, Desert
Building
Lot Description Lot 10000-19999 Sqft, 2-5 Units/Acre
Sewer Other, Public Sewer
Nearby Locations
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