$539,900

66012 5th Street, Desert Hot Springs, CA 92240

  • 5 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

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. 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 strategyHouse-hack it; Hold it; Scale from it! The flexibility here is real.

Listing Status:
Pending
Date Added:
April 30, 2026
Data Last Updated:
May 21, 2026 at 2:11AM
Listing Office:
Allison James Estates & Homes : 888-446-5552
Listing Agent:
Theresa DiCiolla : 951-285-9969
MLS ID:
SW26092531
  • A/C: Wall/Window
  • Heating: Other/Remarks
  • Pool: N/K
  • General: 1 Story
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Riverside
  • Zoning: Assessor639191026
  • Source: California Regional MLS

This listing courtesy of Theresa DiCiolla , Allison James Estates & Homes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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