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  • 66338 2Nd St Street

66338 2nd St Street, Desert Hot Springs, CA 92240

$446,000 Approx. USD 0 beds, 0 baths
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Photo of Xavier Inguanzo

Xavier Inguanzo REALTOR® - Sales Associate 626-695-1592 m
626-440-5100 o
949-565-8511 f
Lic#: 02233421
NRDS ID: 190015105
XavierInguanzo@bhhscal.com Text Me
Call My Cell
Call My Office
949-565-8511 f
Lic#: 02233421
NRDS ID: 190015105
XavierInguanzo@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120
 Pasadena 540 South Lake Ave
Pasadena, CA 91101
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Listing Agent


Richard MacMillan | rhmacmillan@yahoo.com
Lic#: 01183445
Broker: Courtesy of Equity Union
Phone: (760) 574-2299

Co Listing Agent


Paige Maccio-Smith
Lic#: 01956853
Broker: Courtesy of Equity Union

Agent Remarks

Income Property in Desert Hot Springs - Fully Occupied & UpdatedExcellent investment opportunity in the heart of Desert Hot Springs. This fully occupied income property features market-rate rents and recent improvements, including two updated units and fresh exterior paint on both buildings.The property consists of three units:Unit A: 1-bedroom, 1-bath.Unit B: 1-bedroom, 1-bath.Unit C: 1-bedroom, 1-bath.With limited available rentals and a growing Coachella Valley, this property offers strong rental demand and stability. Ideally located near downtown Desert Hot Springs, tenants enjoy convenient access to schools, shopping, freeways, and community amenities, all within close proximity to the town center.Unit A - $1350 Monthly,Unit B - $1150 Monthly,Unit C - $1150 Monthly,Total 2025 Revenue $32,634.00.2025 General Expenses $14,687.98.2025 Prop Taxes $5110.00.Renovations - 6577.49.Proforma 2026 Revenue $43,800.00.Pro forma Expenses $15140.00.Pro forma Prop Taxes $5575.00.Cap rate of 5.18%.Price Per unit - $148,667 .A solid opportunity for investors seeking immediate cash flow with upside potential in a growing market.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 219142976DA
Price: $446,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1942
1 story
0.15 acres
Lot size: 0.1500
Subdivision: Not Applicable-1
County: Riverside
Parking description: Driveway
Heating/cooling: Wall/Window Unit(s)
Heating description: Central
MLS area: 340 - Desert Hot Springs

Last Updated: 6/11/2026

 Days On Market (DOM): 174

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This listing belongs to the 340 - Desert Hot Springs MLS area

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Lat/Long: 33.963573, -116.504198.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Xavier Inguanzo

Xavier Inguanzo REALTOR® - Sales Associate 626-695-1592 m
626-440-5100 o
949-565-8511 f
Lic#: 02233421
NRDS ID: 190015105
XavierInguanzo@bhhscal.com Text Me
Call My Cell
Call My Office
949-565-8511 f
Lic#: 02233421
NRDS ID: 190015105
XavierInguanzo@bhhscal.com
Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
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