66012 5th Street Desert Hot Springs, CA $ 539,900
66012 5th Street
$ 539,900
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66012 5th Street

Desert Hot Springs, CA, 92240
$ 539,900
Baths1.0 Sq 2,326

Monthly Estimate*

$ 3,324

Listed by Allison James Estates & Homes
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Studio

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

for $539,900 with 1 full bath. This 2,326 square foot home was built in 1954 on a lot size of 0.18.

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.

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Multi-Family Active

Price

$ 539,900

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1954

Town/City

Desert Hot Springs

County/Region

Riverside

MLS | Web ID

SW26092531

Days on Market

1

Features
General
Sewer Public Sewer
Heating See Remarks
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 2
Pool Features None
Exclusions Current tenants' personal property
Year Built 1954
Electric Electricity - On Property
View Neighborhood
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 0
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Sidewalks
County Riverside
Net Operating Income 55018
Operating Expense 10382
Insurance Expense 2117
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions off the 62 turn on Pierson Blvd; then left on WEST Dr; to 5th Street
City Desert Hot Springs
Entry Location front
Senior Community Y/N false
Number Of Units Total 3
MLS Area 340 - Desert Hot Springs
Lot Size Units Square Feet
Lot Size Square Feet 7841
Number of Units Leased 2
Listing Terms Submit
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 4800
Fuel Expense 609
Trash Expense 1707
Water Sewer Expense 1149
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 27
Total Actual Rent 3900
Property Sub Type Additional Triplex
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Interior
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features See Remarks
Entry Level 1
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Exterior
Lot Features Corner Lot
Water Source Public
Total Parking 2
Lot Size Area 7841
Number of Buildings 1
Building Area Total 2326
Lot Size Acres 0.18
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
Road Frontage Type City Street
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* Excluded Features
List By
Allison James Estates & Homes

Broker

theresadiciolla@gmail.com

Email

Affordability Calculator

$3,324
Per Month
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Monthly Principal & Interest
$3,324
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Default based on a 30-year fixed rate of 6.25% 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
5/1/2026$539,900 -15.63% Price Down
4/30/2026$639,900 Listed Price

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66012 5th Street, Desert Hot Springs, CA, 92240 is a Multi-Family Home for sale at $539,900 with 2,326 sqft and a lot size of 0.18. 66012 5th Street is a studio with 1.0 baths and was built in 1954. The property's zip code is 92240 which is in Desert Hot Springs, CA