A smart investment with built-in income and room to grow, this centrally located Desert Hot Springs four-plex offers flexibility, steady cash flow, and the potential to add even more value over time.The property features three studio units currently operating as Airbnb rentals, each generating approximately $1,200 per month, along with a two-bedroom, two-bath unit leased as a long-term rental. This balanced unit mix allows for multiple income options while providing immediate returns.Amenities include a fenced pool, a separate lounging area for outdoor relaxation, and on-site parking designated for tenants. The layout supports both short-term and long-term occupancy, making the property appealing to a broad range of renters.Adding significant value is the adjacent lot, which is included in the sale and part of the same parcel as the four-plex. The lot cannot be sold separately. The City of Desert Hot Springs has indicated it would be approved for permits for either an ADU or a duplex featuring two-bedroom, two-bath units and a two-car garage, offering a clear opportunity to expand the property and increase rental income over time.Conveniently located near downtown Desert Hot Springs with easy access to main roads, shopping, and everyday essentials, this property offers a compelling opportunity for investors seeking income today with the ability to grow tomorrow. ***Viewings available subject to accepted offer.***
Property Details
Price:
$595,000
MLS #:
219140995PS
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
340deserthotsprings
Listed Date:
Jan 8, 2026
Lot Size:
13,504 sqft / 0.31 acres (approx)
Year Built:
1962
See this Listing
Schools
Interior
Appliances
RF, ES, GS, WHU
Cooling
WW
Flooring
TILE
Heating
BB
Exterior
Architectural Style
CNT
Parking Spots
4
Roof
FOM
Security Features
GC
Financial
Map
Community
- Address66665 1st ST 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 Mar 07, 2026
514
Single Family Listed
76
Avg DOM
187
Avg $ / SqFt
$308,350
Avg List Price
Property Summary
- Located in the Not Applicable-1 subdivision, 66665 1st ST Desert Hot Springs CA is a Single Family for sale in Desert Hot Springs, CA, 92240. It is listed for $595,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1962. The average price per square foot for Single Family listings in Desert Hot Springs is $187. The average listing price for Single Family in Desert Hot Springs is $308,350.
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66665 1st ST
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