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66665 1st ST
66665 1st ST
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66665 1st ST
66665 1st ST
Sold

66665 1st ST

66665 1st ST, Desert Hot Springs, CA 92240

$580,000
A smart investment with built-in income and room to grow, this centrally located Desert Hot Springs four-plex offers flexibility, steady cash flow, and the potential to add even more value over time.The property features three studio units currently operating as Airbnb rentals, each generating approximately $1,200 per month, along with a two-bedroom, two-bath unit leased as a long-term rental. This balanced unit mix allows for multiple income options while providing immediate returns.Amenities include a fenced pool, a separate lounging area for outdoor relaxation, and on-site parking designated for tenants. The layout supports both short-term and long-term occupancy, making the property appealing to a broad range of renters.Adding significant value is the adjacent lot, which is included in the sale and part of the same parcel as the four-plex. The lot cannot be sold separately. The City of Desert Hot Springs has indicated it would be approved for permits for either an ADU or a duplex featuring two-bedroom, two-bath units and a two-car garage, offering a clear opportunity to expand the property and increase rental income over time.Conveniently located near downtown Desert Hot Springs with easy access to main roads, shopping, and everyday essentials, this property offers a compelling opportunity for investors seeking income today with the ability to grow tomorrow. ***Viewings available subject to accepted offer.***

5
beds

5
baths

2,000 Sq.Ft. LIVING AREA

0.31 Acres lot

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms5
  • full bathrooms4
  • three quarter bathroom1
  • Laundry room Community, Laundry Area
  • Flooring Tile
  • APPLIANCES Ceiling Fan, Refrigerator

Area & Lot

  • Status Sold
  • Living Area2,000 Sq.Ft.
  • Lot Area0.31 Acres
  • MLS® ID219140995PS
  • TypeMulti-Family
  • YEAR BUILT1962
  • Architecture StylesContemporary
  • View DescriptionCity Lights, Mountains

Exterior

  • STORIES1
  • water SourceIn Street
  • PoolCommunity, Fenced, Gunite, In Ground, Safety Fence
  • roofFoam
  • lot featuresLot-Level/Flat
  • parkingOn street, Side By Side, Unassigned
  • HEAT TYPEBaseboard
  • AIR CONDITIONINGCeiling Fan, Wall/Window
  • sewerIn Connected and Paid
  • security FeaturesGated

Financial

  • Sales Price$580,000

Work With Luca

If you are considering buying or selling real estate, Luca would like the opportunity to meet you and tailor the right strategy that will maximize the chances of your next successful transaction.

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