Fully occupied income producing 4-plex offering an excellent multifamily investment opportunity in Desert Hot Springs! 66949 Terrace Way features four individual units with a total of 5 bedrooms and 4 bathrooms, providing an established income-producing property for an investor looking to expand their rental portfolio. With all four units currently occupied, this property offers immediate rental income and the opportunity to acquire an existing multifamily asset in the growing Coachella Valley. Conveniently located near shopping, dining, schools, and everyday services, with easy access to Palm Springs and surrounding desert communities. Don’t miss this opportunity to add a fully occupied four-unit property to your investment portfolio. Buyer to verify all property information, including square footage, unit configuration, rents, expenses, permits, and intended uses.
Property Details
Price:
$590,000
MLS #:
219152564DA
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
340deserthotsprings
Listed Date:
Sep 10, 2026
Lot Size:
14,810 sqft / 0.34 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Cooling
WW
Flooring
TILE
Levels
A
Exterior
Financial
Map
Community
- Address66949 Terrace WY 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 21, 2026
437
Single Family Listed
104
Avg DOM
188
Avg $ / SqFt
$308,548
Avg List Price
Property Summary
- Located in the Not Applicable-1 subdivision, 66949 Terrace WY Desert Hot Springs CA is a Single Family for sale in Desert Hot Springs, CA, 92240. It is listed for $590,000 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 $188. The average listing price for Single Family in Desert Hot Springs is $308,548.
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