$ 595,000
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$595,000
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Bed -
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SqFt
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About the Listing PS8642 - PS49360
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Electric Cooktop, Gas Cooktop, Refrigerator, Water Heater
- Air Cond: Wall/Window Unit(s)
- Heating: Baseboard
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Corner Lot,Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Roof: Foam
- Others: 2+ Total Units
- Sewer:
- Parking Features: On Street,Side By Side,Unassigned
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 639294022
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
66665 1st St Desert Hot Springs, CA 92240
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