About 11771 Upland Way
11.0% Cap Rate | 7 Units | Fully Remodeled 2023 | Seller Motivated — Priced to Sell Don't let this one sit on your screen. This 7-unit income property in Desert Hot Springs delivers an 11.0% cap rate at the asking price of $890,000 — and it's already performing. Gross annual rents at full occupancy exceed $122,000, with a net operating income of $98,244 based on current actuals. Unit mix: 4 studios, 1 one-bedroom/one-bath, 2 two-bedroom/one-bath units, plus 1 fully detached unit. Entire property was fully remodeled in 2024 — new everything. Low deferred maintenance, gated private lot on 0.34 acres, driveway parking. Wall furnace heat, wall/window A/C, tile flooring throughout. Priced $41,000 below the Zillow Zestimate of $931,100. At $127,143 per door, this is well below replacement cost for new construction. Cash or 1031 exchange only — ideal as a replacement property for sellers coming out of a larger asset. Seller is motivated and wants a clean, fast close. Bring your buyers. The numbers speak for themselves. Contact Joe Corbisiero | Compass | DRE #01886351 | (760) 201-9252
Features of 11771 Upland Way
| MLS® # | 260011149 |
|---|---|
| Price | $890,000 |
| Square Footage | 3,200 |
| Type | Residential Income |
| Sub-Type | Com-Res Income |
| Status | Active |
Community Information
| Address | 11771 Upland Way |
|---|---|
| Area | RIV CTY-DESERT HOT SPRI (92240) |
| City | Desert Hot Springs |
| County | Riverside |
| State | CA |
| Zip Code | 92240 |
Amenities
| Amenities | None |
|---|---|
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Cooling | Heat Pump |
|---|---|
| Fireplace | Yes |
| # of Stories | 2 |
Exterior
| Construction | Fully Landscaped,Metal Fence |
|---|
Additional Information
| Date Listed | May 8th, 2026 |
|---|---|
| Days on Market | 89 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass |
|---|