66338 2nd St Street, Desert Hot Springs, CA 92240

Desert Hot Springs
Local realty services provided by:ERA Excel Realty
66338 2nd St Street,Desert Hot Springs, CA 92240
$446,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: richard macmillan, paige maccio-smith
Office: homesmart
MLS#:219142976DA
Source:CRMLS

Price summary

  • Price:$446,000

About this home

Income Property in Desert Hot Springs - Fully Occupied & UpdatedExcellent investment opportunity in the heart of Desert Hot Springs. This fully occupied income property features market-rate rents and recent improvements, including two updated units and fresh exterior paint on both buildings.The property consists of three units:Unit A: 1-bedroom, 1-bath.Unit B: 1-bedroom, 1-bath.Unit C: 1-bedroom, 1-bath.With limited available rentals and a growing Coachella Valley, this property offers strong rental demand and stability. Ideally located near downtown Desert Hot Springs, tenants enjoy convenient access to schools, shopping, freeways, and community amenities, all within close proximity to the town center.Unit A - $1350 Monthly,Unit B - $1150 Monthly,Unit C - $1150 Monthly,Total 2025 Revenue $32,634.00.2025 General Expenses $14,687.98.2025 Prop Taxes $5110.00.Renovations - 6577.49.Proforma 2026 Revenue $43,800.00.Pro forma Expenses $15140.00.Pro forma Prop Taxes $5575.00.Cap rate of...

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Home facts

  • Year built:1942
  • Listing ID #:219142976DA
  • Added:46 day(s) ago
  • Updated:March 28, 2026 at 01:23 PM

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Central Furnace

Structure and exterior

  • Year built:1942
  • Lot area:0.15 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$446,000

Parking

  • Total parking spaces:4
  • Parking description:Driveway
Based on information from California Regional Multiple Listing Service, Inc. as of March 28, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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