Home | Riverside County | Desert Hot Springs | 92240 | 66012 5th St
MLS: CRSW26092531 | Status: Active | Price: $539,900
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,841 | 1954 |
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.
| Field | Value |
|---|---|
| MLS # | CRSW26092531 |
| MLS Source | California Regional MLS |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Cooling | Window/Wall Unit |
| Heating | Other |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 2 Car(s) |
| HOA Fee | $0 |
Theresa DiCiolla
Allison James Estates & Homes
License #: 01858144
Phone: (951) 285-9969
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 3 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Desert Hot Springs High School | public | 9-12 | 0.46 mi | 3 |
| Bella Vista Elementary School | public | K-5 | 1.05 mi | 3 |
| Painted Hills Middle School | public | 6-8 | 1.12 mi | 2 |
| Cabot Yerxa Elementary School | public | K-5 | 1.32 mi | 5 |
| Two Bunch Palms Elementary School | public | K-5 | 1.44 mi | 2 |
| Desert Springs Middle School | public | 6-8 | 1.60 mi | 2 |
| Bubbling Wells Elementary School | public | K-5 | 2.37 mi | 2 |
| Julius Corsini Elementary School | public | K-5 | 3.02 mi | 4 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 66348 3rd St | $536,000 | – | – | – | Active |
| 68040 Club Circle | $560,000 | – | – | – | Active |
| 66175 Acoma Ave | $449,998 | – | – | – | Active |
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This listing information is up-to-date as of May 01, 2026. For the most current information, please contact Theresa DiCiolla, (951) 285-9969.