For more information regarding the value of a property, please contact us for a free consultation.
66012 5th ST Desert Hot Springs, CA 92240
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $539,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,384 sqft
Price per Sqft $226
MLS Listing ID SW26093702
Sold Date 06/24/26
Bedrooms 5
Full Baths 4
HOA Y/N No
Year Built 1954
Lot Size 7,840 Sqft
Property Sub-Type Triplex
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.
Location
State CA
County Riverside
Area 340 - Desert Hot Springs
Rooms
Main Level Bedrooms 5
Interior
Heating See Remarks
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Total Parking Spaces 2
Private Pool No
Building
Lot Description Corner Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Palm Springs Unified
Others
Senior Community No
Tax ID 639191026
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
Lease Land No
Read Less

Bought with Jonathan Johnson Coldwell Banker Realty
NEARBY SCHOOLS & BUSINESSES


