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Equity Union
66012 5th St, Desert Hot Springs, CA 92240
- $539,000
- 5
- BD
- 4
- BA
- 2,384
- SqFt
- Sold Price
- $539,000
- List Price
- $539,900
- Closing Date
- Jun 24, 2026
- MLS#
- SW26093702MR
- Year Built
- 1954
- Bedrooms
- 5
- Bathrooms
- 4
- Living Sq. Ft
- 2,384
- Lot Size
- 7,841
- Days on Market
- 5
- Property Type
- Multifamily
- Stories
- 1
- Builders Tract Code
- Other (OTHR)
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 strategy House-hack it; Hold it; Scale from it! The flexibility here is real.
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Additional Information
- Pool Description
- None
- Heat
- Other
- Cooling
- Wall/Window Unit(s)
- Garage Spaces Total
- 2
- Water
- Public
- School District
- Palm Springs Unified
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Courtesy of Allison James Estates & Homes, Theresa DiCiolla - CA DRE#01858144 Selling Office: .
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