66351 1st St
Desert Hot Springs, CA 92240

Bd   — Ba   — Sqft
Investors Special***Five unit All Adobe walled energy-efficient complex with new gas wall heaters & newly refurbished kitchen in largest unit. ALL flooring is easy care ceramic tile. Complex is close to everything: Schools, stores, library, Civic Center, restaurants, skate park, bus line-- all easy walking distance. These FULLY OCCUPIED, easy-to-rent units have LOTS OF RENTAL UPSIDE! Built on 1 of 2 lots with second lot currently used for unassigned tenant parking. May be possible to build on 2nd lot. Buyer to check with DHS Bldg Dept. and to verify square footage. Current Gross Scheduled Inc $31,440 w/Net $20,643, Gross Multiplier 9.54 and CAP Rate of 6.88!!
  • Neighborhood: Desert Hot Springs
  • Days on Movoto: 284
  • Year Built: 1946
  • HOA:
  • $/Sqft:
  • Lot: 13,600 Sqft
  • Property Type: Multi Family
  • MLS#: SW16036422
  • MLS:
  • Listing Office: Real Estate eBroker
  • Listed By: Karen Pride
  • Movoto last checked CRMLS for new data 2 hours ago
  • CRMLS last updated this listing 3 months ago
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Property History

Status
Date
Price
Sold
Dec 2, 2016
$250,000
Pending
Oct 4, 2016
Listed
Feb 22, 2016
$299,900
#SW16036422

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YOU
ARE
HERE
66351 1st St
  • $250,000
  • Sold

    284 days

  • — Bd
  • — Ba
  • —/Sqft
  • 13,600 Sqft Lot
  • Built 1946
As of today, there are 318 properties listed for sale in ZIP code 92240 and 363 properties listed for sale in the city of Desert Hot Springs, CA. This property at 66351 1st St in 92240 was last listed for $250,000. This is 15% above the current $217,000 median price for Desert Hot Springs and 14% above the median of $219,000 for 92240. Of the 363 properties for sale in Desert Hot Springs, 304 are single family homes and 59 are condos. 66351 1st St is a multi family home that is approximately — Sqft, 100% below the Desert Hot Springs median of 1,687 and 100% below the 92240 ZIP code median of 1,719. The price per Sqft was — which is 100% below the current median price in 92240 of $129 and 100% below the Desert Hot Springs median of $130 per Sqft.
Built in 1946, this multi family house at 66351 1st St, Desert Hot Springs CA, 92240 comes with 5 parking spots. It was last listed. 66351 1st St is located in the Desert Hot Springs neighborhood in the Palm Springs Unified School District. The closest school is Desert Hot Springs High School.

66351 1st St, Desert Hot Springs CA, 92240 was on the market for 284 days. The median days on the market for properties in this area is 75 with a median list price of $217,000 and median cost per square foot of $130. Its current status is sold under the MLS #SW16036422.

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