66665 1st Street, Desert Hot Springs, CA 92240
Local realty services provided by:CENTURY 21 Select Real Estate, Inc.
Listed by: sandra quinn
Office: realty trust
MLS#:219140995PS
Source:CRMLS
Price summary
- Price:$595,000
About this home
A smart investment with built-in income and room to grow, this centrally located Desert Hot Springs four-plex offers flexibility, steady cash flow, and the potential to add even more value over time.The property features three studio units currently operating as Airbnb rentals, each generating approximately $1,200 per month, along with a two-bedroom, two-bath unit leased as a long-term rental. This balanced unit mix allows for multiple income options while providing immediate returns.Amenities include a fenced pool, a separate lounging area for outdoor relaxation, and on-site parking designated for tenants. The layout supports both short-term and long-term occupancy, making the property appealing to a broad range of renters.Adding significant value is the adjacent lot, which is included in the sale and part of the same parcel as the four-plex. The lot cannot be sold separately. The City of Desert Hot Springs has indicated it would be approved for permits for either an ADU or a duplex featuring two-bedroom, two-bath units and a two-car garage, offering a clear opportunity to expand the property and increase rental income over time.Conveniently located near downtown Desert Hot Springs with easy access to main roads, shopping, and everyday essentials, this property offers a compelling opportunity for investors seeking income today with the ability to grow tomorrow.
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Home facts
- Year built:1962
- Listing ID #:219140995PS
- Added:51 day(s) ago
- Updated:March 01, 2026 at 11:33 AM
Rooms and interior
- Flooring:Tile
- Kitchen Description:Electric Cooktop, Gas Cooktop, Refrigerator
Heating and cooling
- Cooling:Wall Window Units
- Heating:Baseboard
Structure and exterior
- Roof:Foam
- Year built:1962
- Lot area:0.31 Acres
- Lot Features:Corner Lot, Level with Street
- Architectural Style:Contemporary
- Levels:1 Story
Finances and disclosures
- Price:$595,000
Features and amenities
- Appliances:Electric Cook Top
- Amenities:Water Heater
- Pool features:Community, Gunite, In Ground
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