7th Street Apartments

Le Investment Group is proud to present the 7th Street Apartments, a six unit multifamily property located at 66327 7th Street in Desert Hot Springs, California. Offered at $775,000 ($129,167 per unit), the asset delivers strong in place performance with a Current CAP Rate of 8.54% and a 7.91 GRM, with additional upside to a projected 9.92% CAP Rate and 7.06 GRM through rental repositioning. The property consists of five (5) studio units and one (1) one bedroom / one bathroom unit totaling approximately 2,500 square feet, and is supported by an efficient unit mix suited for consistent tenant demand. Recent improvements, including a new roof, exterior paint, A/C units, and updated wiring, enhance long term functionality and reduce near term capital needs, presenting a clear opportunity for investors seeking stable cash flow with continued income growth.