66445 5th ST, Desert Hot Springs, CA 92240
66445 5th ST, Desert Hot Springs, CA 92240
66445 5th ST, Desert Hot Springs, CA 92240
66445 5th ST, Desert Hot Springs, CA 92240
66445 5th ST, Desert Hot Springs, CA 92240
66445 5th ST, Desert Hot Springs, CA 92240
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$ 339,950
Est. payment | /mo

4 Beds

2 Baths

2,288 SqFt


Save
$ 339,950
Est. payment | /mo
Save

4 Beds

2 Baths

2,288 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $148

Subdivision Agua Dulce

MLS Listing ID 219150828DA

Bedrooms 4

Full Baths 2

Year Built 1980

Lot Size 6,970 Sqft

Property Sub-Type Multi-Family

Property Description

Maximize your rental yield with this turnkey, centrally located duplex in the heart of Desert Hot Springs. Featuring strong tenant history, individual meters, and good rental history. This asset is optimized for cash flow from day one.OVERSIZED HOMES: Note these units are extremely easy to rent due to their rare and huge 1144 sq foot living spaces. Financial & Investment Highlights: Gross Rental Income: Unit A generates $1,495/month; Unit B generates $1,330/month. Guaranteed Cash Flow: Approximately half of Unit B's rent is securely subsidized by the Housing Assistance Program (HAP). Tenant-Paid Utilities: Units are individually metered for electricity and gas to keep owner expenses low. Owner Expenses: Covered costs are water and trash services.Property Configurations & Amenities: Unit A (2 Bed / 1 Bath): Generates $1,495/month in market-rate rent from a reliable occupant. Unit B (2 Bed / 1 Bath): Generates $1,330/month with predictable, with 50% government-backed HAP assistance payments. Spacious Layouts: Mirrored floorplans boasting 1,144 square feet of optimized living space per unit. Climate Control: Energy-efficient central heating and AC paired with cooling ceramic tile and luxury vinyl bedroom flooring. Kitchens: Full appliance setups including a dishwasher, gas stove, and refrigerator with a built-in breakfast bar. In-Unit Laundry: Separate laundry inside each unit to maximize tenant retention and convenience. Exterior Features: Large, covered front patios for outdoor relaxation and off-street parking accommodating up to four vehicles. Possible small RV or boat parking too.Prime Central Location: Walker's Paradise: Located in central Desert Hot Springs with a two-minute walk to daily necessities like the Dollar General and dining at Las Palmas Mexican Restaurant

Location

State CA

County Riverside

Area Desert Hot Springs

Interior

Heating Forced Air, Natural Gas

Cooling Air Conditioning, Ceiling Fan, Central, Gas

Flooring Ceramic Tile, Vinyl

Equipment Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator

Laundry Laundry Area

Exterior

Parking Features Covered Parking, Shared Driveway, Side By Side

Garage Spaces 12.0

View Y/N No

Building

Lot Description Street Public

Story 1

Sewer Unknown

Level or Stories Ground Level

Structure Type Combination, Stucco, Wood Siding

Schools

School District Palm Springs Unified

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by eXp Realty of California, Inc.

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66445 5th ST