Home 66665 1st Street, Desert Hot Springs, CA 92240 (MLS # 219140995PS)
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.
|
DAYS ON MARKET
|
31
|
LAST UPDATED
|
1/8/2026
|
|
TRACT
|
Not Applicable-1
|
YEAR BUILT
|
1962
|
|
COMMUNITY
|
340 - Desert Hot Springs
|
COUNTY
|
Riverside
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Cooktop, Gas Cooktop, Refrigerator, Water Heater |
| AREA |
340 - Desert Hot Springs |
| HEAT |
Baseboard |
| LOT |
0.31 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Level |
| LOT DIMENSIONS |
13504 |
| PARKING |
On Street, Side By Side, Unassigned |
| POOL |
Yes |
| POOL DESCRIPTION |
Private, Community, Gunite, In Ground |
| STORIES |
1 |
| STYLE |
Contemporary |
| SUBDIVISION |
Not Applicable-1 |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights, Mountain(s) |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Sandra
Quinn to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Realty Trust
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from CRMLS as of 2/8/26 6:13 AM PST. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
This IDX solution is (c) Diverse Solutions 2026.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email
