11075 Mesquite Ave 4 Unit Apartment Building $1,589,000 ($397,250/Unit) 6.20% Cap Rate Desert Hot Springs, CA 92240

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 market