66012 5th Street, Desert Hot Springs, California 92240
- $539,900
- $539,900
Overview
- Triplex, Residential
- 5
- 4
- 2.0
- 1954
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.
Address
Open on Google Maps-
Address: 66012 5th Street
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City: Desert Hot Springs
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State/county: CA
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Zip/Postal Code: 92240
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Area: Other
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Country: US
Details
Updated on June 25, 2026 at 10:14 pm-
Property ID SW26093702
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Price $539,900
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Land Area 0.18 Acres
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Bedrooms 5
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Bathrooms 4
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Garages 2.0
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Year Built 1954
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Property Type Triplex, Residential
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Property Status Closed
Additional details
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Listing Terms Submit
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Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer Public Sewer
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Cooling Wall/Window Unit(s)
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Heating See Remarks
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County Riverside
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Property Type Residential
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Pool None
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Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Mortgage Calculator
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Down Payment
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Property Tax
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PMI
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Monthly HOA Fees