66229 St 8th Desert Hot Springs, CA $ 795,000
66229 St 8th
$ 795,000
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66229 St 8th

Desert Hot Springs, CA, 92240
$ 795,000
Baths1.0 Sq 2,364

Monthly Estimate*

$ 4,960

Listed by Shamoon Sikora, Broker
66229 St 8th, Desert Hot Springs, CA 92240 - Image 1
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Studio

Multi-Family Home for sale in Desert Hot Springs, CA

for $795,000 with 1 full bath. This 2,364 square foot home was built in 1965 on a lot size of 0.28.

Clean, stable, located on a visible corner with a five years new roof & solar panels. Clean property with open parking and turn key stable operation. Two buildings with two units on water heater and four units on a tankless water heater. Great unit mix with two enclosed patios. Priced to sell in a high demand quiet part of the city. With high rents and low in place expenses, its a great hands off investments for any entry level or seasoned investor.

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Multi-Family Active

Price

$ 795,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.28

Year Built

1965

Town/City

Desert Hot Springs

County/Region

Riverside

MLS | Web ID

PW25268122

Days on Market

10

Features
General
Sewer Public Sewer
Heating None
Garage Spaces 0
Pool Features None
Year Built 1965
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 97200
Community Features Rural Street Lights Suburban
County Riverside
Net Operating Income 55480
Operating Expense 38804
Insurance Expense 6000
New Construction false
Property Type Residential Income
MaintenanceExpense 1500
Subdivision Name none
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions 91E TO 60E TO 10E TO 62E/29 PALMS HWY RT ON PEARSON BLVD LT CACTUS DR LT ON 8TH ST
City Desert Hot Springs
Entry Location 1
Senior Community Y/N false
Number Of Units Total 6
MLS Area 340 - Desert Hot Springs
Lot Size Units Square Feet
Lot Size Square Feet 12196
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 1980
Fuel Expense 600
Trash Expense 2328
Water Sewer Expense 1582
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 2
Property Sub Type Additional Apartment
Taxes 15146
Cap Rate 7.1
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Interior
Fireplace Features Bath Kitchen Living Room Outside
Total Stories 1
Common Walls 2+ Common Walls
Heating Y/N false
Fireplace Y/N true
Laundry Features None
Entry Level 1
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Exterior
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 12196
Number of Buildings 2
Building Area Total 2364
Lot Size Acres 0.28
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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* Excluded Features
List By
Shamoon Sikora, Broker

Broker

azharc21@yahoo.com

Email

Affordability Calculator

$4,960
Per Month
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Monthly Principal & Interest
$4,960
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/1/2025$795,000 Listed Price

Map


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66229 St 8th, Desert Hot Springs, CA, 92240 is a Multi-Family Home for sale at $795,000 with 2,364 sqft and a lot size of 0.28. 66229 St 8th is a studio with 1.0 baths and was built in 1965. The property's zip code is 92240 which is in Desert Hot Springs, CA