66012 5th Street, Desert Hot Springs, CA 92240
Local realty services provided by:ERA Carlile Realty Group
66012 5th Street,Desert Hot Springs, CA 92240
$539,900
- - Beds
- - Baths
- 2,326 sq. ft.
- Multi-family
- Active
Listed by: theresa diciolla
Office: allison james estates & homes888-446-5552
MLS#:SW26092531
Source:CRMLS
Price summary
- Price:$539,900
- Price per sq. ft.:$232.12
About this home
Versatile 3 Unit Property in Desert Hot Springs – Live In One, Rent the Other! Strong cash flow from day one. This well-maintained triplex delivers two leased units generating $3,900/month in current rental income, plus a third unit ready to occupy or lease at market rate of about $1,550/mo. — putting potential gross monthly income at $5,450! The unit mix is one 2 bedroom/2 bath leased at $1,975/mo, one 2 bedroom/1 bath leased at $1,925/mo, and a 1BD/1BA available for owner-occupancy or immediate rental. All units feature granite countertops, updated cabinetry, and tile flooring throughout. Major capital work is already done — the building was fully re-piped with PEX and outfitted with tankless water heaters in 2022, keeping maintenance costs low and protecting your investment for years ahead. No HOA. Lower property taxes. And located just 20 minutes from Palm Springs and the heart of the Coachella Valley — putting your tenants close to employment, entertainment, and everything the desert has to offer. The perfect strategy…House-hack it; Hold it; Scale from it! The flexibility here is real....
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Home facts
- Year built:1954
- Listing ID #:SW26092531
- Added:2 day(s) ago
- Updated:May 03, 2026 at 10:30 AM
Rooms and interior
- Living area:2,326 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Year built:1954
- Building area:2,326 sq. ft.
- Lot area:0.18 Acres
- Lot Features:Corner Lot
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$539,900
- Price per sq. ft.:$232.12
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
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