11075 Mesquite Ave Desert Hot Springs, CA 92240
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Unknown
MLS Listing ID OC26160229
Construction Status Turnkey
HOA Y/N No
Year Built 2025
Annual Tax Amount $9,675
Tax Year 2025
Lot Size 0.370 Acres
Property Sub-Type Quadruplex
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, All Bedrooms Up
Heating Central
Cooling Central Air
Fireplaces Type None
Inclusions ALL APPLIANCES
Fireplace No
Appliance Dishwasher, Gas Cooktop, Gas Oven, Microwave
Laundry Inside
Exterior
Parking Features Concrete, Direct Access, Door-Single, Garage, Garage Door Opener, On Site, Paved, Private
Garage Spaces 4.0
Garage Description 4.0
Fence Excellent Condition
Pool None
Community Features Curbs, Gutter(s), Suburban
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N Yes
View City Lights, Desert
Roof Type Flat
Accessibility None
Total Parking Spaces 8
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Modern
Level or Stories Two
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 639153013
Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac
Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac
Special Listing Condition Standard
Lease Land No
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