66665 1st Street
66665 1st Street Desert Hot Springs, California 92240 United States

$699,000
 Get directions
 
Well maintained fourplex with pool located near the heart of downtown Desert Hot Springs including a vacant lot adjacent next door west. Add more units or ADU (Accessory Dwelling Units) potential. New roof, replastered pool and remodeled units...
Residential Income
Property type
1962
Year Built
219070191DA
Web Id
219070191DA
MLS ID
Not Applicable-1
Subdivision
Palm Springs Unified
School District
21
days ago

About 66665 1st Street

Well maintained fourplex with pool located near the heart of downtown Desert Hot Springs including a vacant lot adjacent next door west. Add more units or ADU (Accessory Dwelling Units) potential. New roof, replastered pool and remodeled units make for an interesting mix of long term tenants and short term vacation rentals. The property consists of one 2bd/2ba unit and three studio units. The studios have been successfully rented on AirBnB with Property Management included in the sale if desired. CAP rate is 4.92% with both long term tenant and short term vacation rental income. Continue with mixed use or rent all units long term. Income, expenses, rent roll and AirBnB Transaction History and website links available upon request along with details regarding ADUs.

Listing Courtesy of Coldwell Banker Realty

Amenities

  • Dishwasher
  • Refrigerator

features

cooling
Electric, Propane Heating
lot description
Corner Lot

PROPERTY INFORMATION

Appliances
Dishwasher, Electric Range, Gas Range, Gas Water Heater, Refrigerator, Water Heater
Cooling
Central Air, Electric
Heating
Central, Electric
Parking Description
Side By Side, Unassigned
Pool
Gunite, In Ground

EXTERIOR

Lot Description
2-5 Units/Acre, Corner Lot

INTERIOR

Flooring
Tile

ADDITIONAL INFORMATION

Number of Units
4
Contact Agent