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 3 hours ago
  • CRMLS last updated this listing 4 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 183 properties listed for sale in ZIP code 92240 and 208 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 17% above the current $212,800 median price for Desert Hot Springs and 17% above the median of $214,540 for 92240. Of the 208 properties for sale in Desert Hot Springs, 173 are single family homes and 35 are condos. 66351 1st St is a multi family home that is approximately — square feet, 100% below the Desert Hot Springs median of 1,682 and 100% below the 92240 ZIP code median of 1,689. The price per Sqft was — which is 100% below the current median price in 92240 of $130 and 100% below the Desert Hot Springs median of $131 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 69 with a median list price of $212,800 and median cost per square foot of $131. Its current status is sold under the MLS #SW16036422.

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