66445 5th St

Desert Hot Springs, CA 92240
  • $339,950

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing CDAR-oD23360 - CDAR-d86901

Maximize your rental yield with this turnkey, centrally located duplex in the heart of Desert Hot Springs. Featuring strong tenant history, individual meters, and good rental history. This asset is optimized for cash flow from day one.OVERSIZED HOMES: Note these units are extremely easy to rent due to their rare and huge 1144 sq foot living spaces. Financial Highlights: Gross Rental Income: Unit A (2 Bed / 1 Bath): Generates $1,495/month in market-rate rent from a reliable occupant. Deposit is $1495. Lease term began 4-10-26 and expires 3-31-27. Unit B (2 Bed / 1 Bath): Generates $1,330/month with predictable, with approx. 50% government-backed HAP assistance payments. Deposit is $1250. Lease term began 1/20/23. Last rent increase was effective 1-1-25 so unit is eligible for rent increase any time. Utility Expenses: Units are individually metered for electricity and gas so tenant pays for these expenses. Owner Expenses: Covered costs are water, sewer and trash services.Property Configurations & Amenities: Spacious Layouts: Mirrored floorplans boasting 1,144 square feet of optimized living space per unit. Climate Control: Energy-efficient central heating and AC paired with cooling ceramic tile and luxury vinyl bedroom flooring. Kitchens: Full appliance setups including a dishwasher, gas stove, and refrigerator with a built-in breakfast bar. In-Unit Laundry: Separate laundry inside each unit to maximize tenant retention and convenience. Exterior Features: Large, covered front patios for outdoor relaxation and off-street parking accommodating up to four vehicles. Possible small RV or boat parking too.Prime Central Location: Walker's Paradise: Located in central Desert Hot Springs with a two-minute walk to daily necessities like the Dollar General and dining at Las Palmas Mexican Restaurant.

Listing Highlights

Status Active
Days on Site 32
Property Type Multi-Family
MLS ® 219150828DA
Year Built 1980
Total Square Footage 0
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater
  • Air Cond: Central Air,Gas
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor: Tile,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Near Public Transit,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 12
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Unknown
  • Parking Features: Covered,Shared Driveway,Side By Side

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 639212017
  • Tax Year: N/A

Payment Calculator

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Questions About..

66445 5th St Desert Hot Springs, CA 92240

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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