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® # | 260011149SD |
|---|---|
| Price | $890,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 11771 Upland Way |
|---|---|
| Area | 340 - Desert Hot Springs |
| City | Desert Hot Springs |
| County | Riverside |
| Zip Code | 92240 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Heat Pump |
|---|---|
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Drywall, Stucco |
|---|---|
| Construction | Drywall, Stucco |
Additional Information
| Date Listed | May 8th, 2026 |
|---|---|
| Days on Market | 142 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joe Corbisiero |
|---|---|
| Office | Compass |