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68040 Club Circle Dr, Desert Hot Springs, CA, 92240

4beds
3baths
1,950sqft
$560,000
$287price/sqft
$3,821/moest. monthly cost
$152,840/yrincome needed

About This Home

Le Investment Group is pleased to present this three (3) unit triplex located in Desert Hot Springs, CA. The property is situated within a well-maintained neighborhood in the city’s desirable Spa Zone. Offered at $560,000, the asset features a strong unit mix of two (2) 1-bedroom/1-bath units and one (1) 2-bedroom/1-bath unit, providing functional layouts and consistent in-place income. The property is currently operating at a 7.17% cap rate. This investment offers flexibility for both investors and potential owner-occupants, with the ability to leverage residential financing while benefiting from diversified income across three units.

Getting Around

29
WalkingCar-Dependent
26
TransitSome Transit
18
BikeSomewhat Bikeable

Schools

2/10
3/10

Construction

Condition

  • Year built: 1967

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Features

  • Common walls with other units/homes: 2+ Common Walls

Heating

  • Heating features: None

Interior Area

  • Total structure area: 1,950
  • Total interior livable area: 1,950 sqft

Property

Details

  • Parcel number: 644071014
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Floor
  • Pool features: None

Lot

  • Lot size: 8,276 sqft
  • Features: 2-5 Units/Acre

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,831$33,972
Home Insurance *$185$2,220
Property Taxes $387$4,644
Electricity $418$5,017
Total$3,821$45,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,005/yr
40% on housing$114,630/yr
45% on housing$101,893/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$287This listing

vs Other Active Listings

Avg $/sqft

ZIP 92240$173
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92240$246
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-02Listed for sale$560,000
2026-06-01Listing removed$560,000
2026-04-15Listed for sale$560,000
2026-04-01Listing removed$530,000
2026-03-27Listed for sale$530,000
2026-02-27Listing removed$530,000
2025-11-19Price change$530,000
2025-11-06Listed for sale$550,000

For Sale by Agent

AgentALBERT LE
BrokerageLE INVESTMENT GROUP

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