Property listed by Allison James Estates & Homes, Theresa DiCiolla 951-285-9969
66012 5th Street
Desert Hot Springs, CA 92240
Beds
5
Baths
4
Square Ft.
2,384
$539,900
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. —… Read More 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 — putting your tenants close to employment, entertainment, and everything the desert has to offer. The perfect strategy…House-hack it; Hold it; Scale from it! The flexibility here is real. Read Less
Listing Snapshot
Days Online
44
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
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.
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