$595,000

66665 1st Street, Desert Hot Springs, CA 92240

Multi-Family Home
Built in 1962
0.31acre lot
—— car garage
$——/sqft
Listed 29 days ago

Property Description

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 Status:: Active
Date Added:: January 8, 2026
Data Last Updated:: February 7, 2026 at 3:18AM
Listing Office:: Realty Trust : (760) 327-8000
Listing Agent:: Sandra Quinn : (760) 861-5150
MLS ID:: 219140995PS

Appliances: Electric CooktopGas CooktopRefrigeratorWater Heater
Flooring: Tile
A/C: Wall/Window Unit(s)
Heating: Baseboard

Style: Contemporary
Pool: CommunityGuniteIn Ground
Parking: On StreetSide By SideUnassignedParking spaces: 4

Roofing: Foam
General: 1

HOA Amenities: 0.0
Originating MLS: CRMLS_CDAR
County: Riverside

Zoning: 639294022
View: City LightsMountain(s)View

Source: CRMLS_CDAR

Presented by Veterans United Realty

This listing courtesy of Sandra Quinn , Realty Trust

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cabot Yerxa Elementary School

67067 Desert View Ave, Desert Hot Springs, CA, 92240

Grades KG-5

0.54 miles away

Desert Springs Middle School

66755 Two Bunch Palms Trl, Desert Hot Springs, CA, 92240

Grades 6-8

1.12 miles away

Desert Hot Springs High School

65850 Pierson Blvd, Desert Hot Springs, CA, 92240

Grades 9-12

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.