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

Desert Hot Springs
Local realty services provided by:ERA Carlile Realty Group
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: equity union760-621-0395
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:94 day(s) ago
  • Updated:May 15, 2026 at 10:47 AM

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Central

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
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