66338 2nd St ST, Desert Hot Springs, CA 92240
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66338 2nd St ST, Desert Hot Springs, CA 92240
66338 2nd St ST, Desert Hot Springs, CA 92240
66338 2nd St ST, Desert Hot Springs, CA 92240
66338 2nd St ST, Desert Hot Springs, CA 92240
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George Salazar

George Salazar

+1(310) 400-6756
$ 446,000
Est. payment /mo
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Active

66338 2nd St ST Desert Hot Springs, CA 92240

3 Beds

3 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $297

MLS Listing ID 219142976DA

Bedrooms 3

Full Baths 3

Year Built 1942

Lot Size 6,534 Sqft

Property Sub-Type Multi-Family

Property Description

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 5.18%.Price Per unit - $148,667 .A solid opportunity for investors seeking immediate cash flow with upside potential in a growing market.

Location

State CA

County Riverside

Area Desert Hot Springs

Interior

Heating Central

Cooling Wall/Window

Flooring Mixed

Exterior

Parking Features Driveway

Garage Spaces 4.0

View Y/N No

Building

Story 1

Sewer In Street Paid

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Equity Union
George Salazar

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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66338 2nd St ST