Prime Desert Hot Springs Investment Duplex – Rent increases can be made now!Maximize your portfolio with this centrally located income-generating duplex in the heart of Desert Hot Springs. Situated just half a block east of Palm Drive, this property offers an exceptional layout perfect for multi-generational living, a live-in owner, or a rental investment. Condition: Both tenants are long time occupants, and both units require some repairs and will require significant cosmetic improvements upon turnover. Property Configurations: Main House (Unit A): Spacious 2-bedroom, 2-bathroom layout (approx.1,055 sq. ft.). Features durable tile flooring throughout, cozy carpeted bedrooms, a primary suite with an attached bath, and a fully fenced large backyard. Detached Studio (Unit B): Cozy approx. 300 sq. ft. rear studio featuring cool Spanish tile, a ceiling fan, a full tub/shower combo, and a private covered patio overlooking a separate fenced yard.Strong Financials & Immediate Upside: Stable Cash Flow: Total current gross income of $1,862/month. Unit A ($1,117/mo): Occupied by a long-term, reliable tenant since 2019. Backed by government HAP assistance ($983/mo guaranteed). Currently on a month-to-month lease. Unit B ($745/mo): Occupied by a long-term tenant since 2017. Currently on a month-to-month lease. Value-Add Opportunity: Both long-term tenants are on month-to-month agreements with rents below current market rates. Utilities & Parking Logistics: Utility Split: Unit A tenant pays gas and electric; owner covers water, sewer, and trash. Owner pays utilities for Unit B. Abundant Parking: Includes a 1-car attached garage and 3 off-street spaces for the front unit. The parking for the rear studio currently accommodates 4 cars or large recreational vehicles (boats/RVs up to 30 feet). HOWEVER the access to the studio parking requires crossing the vacant lot next door. We assume that access could end at any time but there is plenty of parking out in front on the street. Unbeatable Central Location:Boasting a high walkability factor, this property is a short 4-block stroll to the Hacienda Palms Shopping Center. Tenants enjoy instant access to grocery stores, banking, retail shops, and local dining.NOTE: Some photos have been digitally altered to remove furniture and tenant property for a better visual of the layout. The original unedited photo is also included for reference.
Property Details
Price:
$259,000
MLS #:
219151168DA
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
340deserthotsprings
Listed Date:
Aug 6, 2026
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Appliances
GD, RF, GR, WHU
Cooling
CA, WW
Flooring
TILE, CARP
Heating
ELC, FA, WL, CF
Levels
A
Exterior
Garage Spaces
1
Parking Spots
5
Parking Total
5
Roof
FLTR
Financial
Map
Community
- Address66553 Estrella AV Desert Hot Springs CA
- SubdivisionNot Applicable-1
- CityDesert Hot Springs
- CountyRiverside
- Zip Code92240
Subdivisions in Desert Hot Springs
- Cornerstone
- Desert View Estates
- Desert View Estates 34004
- Desert View Estates II
- Desert Willow
- Desert Willow 34006
- Hacienda Heights
- Hacienda Heights 34010
- Hidden Springs 34011
- Lt Mor Undev. 3
- Mission Lakes
- Mission Lakes 34101
- Mountain View Country Estates
- Mountain View Country Estates 34014
- N Hills Estates 34015
- Olympus 34017
- Rancho Del Oro 34024
- Skyborne
- Skyborne 34020
- Skys Haven
- Vista Del Valle
- Vista Del Valle 34022
- Vista Hacienda
- Vista Montana
Market Summary
Current real estate data for Single Family in Desert Hot Springs as of Sep 23, 2026
448
Single Family Listed
104
Avg DOM
186
Avg $ / SqFt
$305,547
Avg List Price
Property Summary
- Located in the Not Applicable-1 subdivision, 66553 Estrella AV Desert Hot Springs CA is a Single Family for sale in Desert Hot Springs, CA, 92240. It is listed for $259,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1965. The average price per square foot for Single Family listings in Desert Hot Springs is $186. The average listing price for Single Family in Desert Hot Springs is $305,547.
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66553 Estrella AV
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