$539,900
66012 5th Street, Desert Hot Springs, CA 92240 (MLS #SW26093702)
Property listed by Allison James Estates & Homes, Theresa DiCiolla 951-285-9969
Beds
5
Baths
4
Square Ft.
2,384

66012 5th Street

Desert Hot Springs, CA 92240 (MLS #SW26093702)
Versatile 3 Unit Property in Desert Hot Springs – Live In One, Rent the Other! Strong cash flow from day one. This well-maintained triplex delivers two leased units generating $3,900/month in current rental income, plus a third unit ready to occupy or lease at market rate of about $1,550/mo. — putting potential gross monthly income at $5,450! The unit mix is one 2 bedroom/2 bath leased at $1,975/mo, one 2 bedroom/1 bath leased at $1,925/mo, and a 1BD/1BA available for owner-occupancy or immediate rental. All units feature granite countertops, updated cabinetry, and tile flooring throughout. Major capital work is already done — the building was fully re-piped with PEX and outfitted with tankless water heaters in 2022, keeping maintenance costs low and protecting your investment for years ahead. No HOA. Lower property taxes. And located just 20 minutes from Palm Springs and the heart of the Coachella Valley — puttingRead MoreRead Less

Listing snapshot

Days Online
6
Last Updated
Property Type
Triplex
Beds
5
Full Baths
4
Square Ft.
2,384
Lot Size
0.18 Acres
Year Built
1954
MLS Number
SW26093702

Additional details

Property Access
Frontage Type: CityStreet, Road Surface: Paved
Building
Built in 1954, Living area: 2384.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: front
Community
Curbs, Gutters, StormDrains, StreetLights, Sidewalks
Cooling
WallWindowUnits
Fireplaces
None
Garage
2 spaces
Heating
SeeRemarks
Home Owner's Association
Association Fee: $0
Laundry
SeeRemarks
Lot
0.18 acres, CornerLot
Parking
2 total parking spaces
Pool
None
Property
Neighborhood
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 639191026, Tax Block: E, Lot: 27
Utilities
ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected, Water Source: Public, ElectricityOnProperty

Are you interested?

Schedule a tour

AJ Powers
Broker & Owner
Agent profile image
or

Find Then Fix

Buy smarter

We’ll help you identify off-market or overlooked properties with strong upside. From layout improvements to smart cosmetic upgrades, we help you make decisions like an investor, even if it’s your first time.

Learn How It Works

Area snapshot

30 Days Snapshot Of 92240
$0k
(avg) sold price
%
homes sold
0%
214
homes for sale
+38%
(avg) days on market
%
Nearby Schools
*Please check the Palm Springs Unified website to see all schools in this area
Desert Hot Springs High School
Public
9-12
Painted Hills Middle School
Public
6-8
Bella Vista Elementary School
Public
KG-5
Snapshot
Area Map

Properties

Similar Listings

Be the first to explore the latest properties to hit the market. From cozy retreats to stunning estates, these fresh listings are ready for you to discover. Don’t miss your chance to find the perfect home!

VIP Home Search
View all listings

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.