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 Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $148

Subdivision Agua Dulce

MLS Listing ID 219150828

Style Hacienda

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1980

Lot Size 6,970 Sqft

Property Sub-Type Duplex

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 340 - Desert Hot Springs

Interior

Heating Forced Air, Natural Gas

Cooling Air Conditioning, Ceiling Fan(s), Central Air, Gas

Fireplace false

Exterior

Fence None

Utilities Available Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected

View Y/N false

Private Pool No

Building

Lot Description Near Public Transit

Story 1

Entry Level Ground

Sewer Unknown

Architectural Style Hacienda

Level or Stories Ground

Schools

High Schools Desert Hot Springs

School District Palm Springs Unified

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by eXp Realty of California, Inc.

Schools and Properties Nearby

Edrick Pineda
Edrick Pineda

Agent | License ID: 02116945

+1(760) 275-0403 | edrick@eprealtorgroup.com

Learn More About LPT Realty

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66445 5th ST