66949 Terrace Way, Desert Hot Springs, CA 92240

Local realty services provided by:ERA Donahoe Realty
66949 Terrace Way,Desert Hot Springs, CA 92240
$590,000
  • 5 Beds
  • 4 Baths
  • 2,741 sq. ft.
  • Multi-family
  • Active
Listed by: kristopher j maddock, brandy m nelson
Office: equity union
MLS#:219152564
Source:CA_DAMLS

Price summary

  • Price:$590,000
  • Price per sq. ft.:$215.25

About this home

Fully occupied income producing 4-plex offering an excellent multifamily investment opportunity in Desert Hot Springs! 66949 Terrace Way features four individual units with a total of 5 bedrooms and 4 bathrooms, providing an established income-producing property for an investor looking to expand their rental portfolio. With all four units currently occupied, this property offers immediate rental income and the opportunity to acquire an existing multifamily asset in the growing Coachella Valley. Conveniently located near shopping, dining, schools, and everyday services, with easy access to Palm Springs and surrounding desert communities. Don't miss this opportunity to add a fully occupied four-unit property to your investment portfolio. Buyer to verify all property information, including square footage, unit configuration, rents, expenses, permits, and intended uses.

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Home facts

  • Year built:1965
  • Subdivision & Development:Not Applicable
  • Listing ID #:219152564
  • Added:2 day(s) ago
  • Updated:September 13, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Tile
  • Living area:2,741 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)

Structure and exterior

  • Year built:1965
  • Building area:2,741 sq. ft.
  • Lot area:0.34 Acres
  • Levels:1 Story, One Level

Finances and disclosures

  • Price:$590,000
  • Price per sq. ft.:$215.25
Based on information from the California Desert Association of REALTORS® as of September 13, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.