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66338 2nd St Desert Hot Springs CA 92240US3 Bed, 3.00 Bath (3 Full Bath), 219142976
66338 2nd St Desert Hot SpringsCA92240
446000.0000 1/1/1900 12:00:00 AM
Realty Executives Desert Lifestyles (La Quinta)
78065 Main St #107La QuintaCA92253
760-771-9090
1 /

Courtesy of: Richard H MacMillan, HomeSmart, rhmacmillan@yahoo.com

66338 2nd St
Desert Hot Springs CA 92240 US

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1 /

Courtesy of: Richard H MacMillan, HomeSmart, rhmacmillan@yahoo.com

Realty Executives Desert Lifestyles (La Quinta)
78065 Main St #107
La Quinta, CA, US 92253
760-771-9090

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66338 2nd St
Desert Hot Springs CA 92240 US

$446,000

Active Listing ID 219142976
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3 bed
bath icon
3.00 Bath (3 Full)
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Lot: 0.15 Acres
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Other

$446,000

Active Listing ID 219142976
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66338 2nd St Income Property in Desert Hot Springs - Fully Occupied & Updated Excellent investment opportunity in the heart of Desert Hot Springs. This fully occupied income property features market-rate rents and recent improvements, including two updated units and fresh exterior paint on both buildings. The property consists of three units: Unit A: 1-bedroom, 1-bath. Unit B: 1-bedroom, 1-bath. Unit C: 1-bedroom, 1-bath. With limited available rentals and a growing Coachella Valley, this property offers strong rental demand and stability. Ideally located near downtown Desert Hot Springs, tenants enjoy convenient access to schools, shopping, freeways, and community amenities, all within close proximity to the town center. Unit A - $1350 Monthly, Unit B - $1150 Monthly, Unit C - $1150 Monthly, Total 2025 Revenue $32, 634.00. 2025 General Expenses $14, 687.98. 2025 Prop Taxes $5110.00. Renovations - 6577.49. Proforma 2026 Revenue $43, 800.00. Pro forma Expenses $15140.00. Pro forma Prop Taxes $5575.00. Cap rate of 5.18%. Price Per unit - $148, 667 . A solid opportunity for investors seeking immediate cash flow with upside potential in a growing market.

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Property Features

  • Facts
  • Lot Size: 0.15 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Cooling System: Wall/Window Unit(s), Window Unit(s)
  • Floor Covering: Mixed
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 446000
  • unparsedaddress: 66338 2nd St
  • postalcity: Desert Hot Springs
  • stateorprovince: CA
  • country: US
  • postalcode: 92240
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.15
  • lotsizeunits: Acres
  • lotsizearea: 0.15
  • livingarea: 1500
  • livingareaunits: Square Feet
  • latitude: 33.963573
  • longitude: -116.504198
  • listagentfullname: Richard H MacMillan
  • listagentemail: rhmacmillan@yahoo.com
  • listagentkey: 3yd-CDARCA-D82613
  • listagentmlsid: D82613
  • listagentpreferredphone: 7605742299
  • listagentofficephone: 7605742299
  • listofficekey: 3yd-CDARCA-oD22725
  • listofficemlsid: oD22725
  • disclaimer: Copyright © 2026 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CDARCA
  • yearbuilt: 1942
  • listingcontractdate: 2026-02-09
  • listagenturl: http://www.HSprofessionals.com
  • countyorparish: Riverside
  • parcelnumber: 639242035
  • cooling: Wall/Window Unit(s), Window Unit(s)
  • flooring: Mixed
  • heating: Central
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 4
  • parkingfeatures: Driveway, Assigned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 2
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -116.504196, 33.963573
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"HomeSmart Professionals", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rhmacmillan@yahoo.com", "ListBrokerageCity":"Palm Springs", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rich@richlarue.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CDARCA/c5ababf0233298e80123332cc7120034/20120501030829337.png", "ListBrokerageName":"HomeSmart Professionals", "ListBrokeragePhone":"(760) 844-7500", "ListBrokeragePostalCode":"92262", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"431 S. Palm Canyon Drive", "ListBrokerageWebsiteUrl":"http://www.HSprofessionals.com", "ListOfficeAddress1":"73301 Fred Waring Dr., Ste 101 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"oD22725", "ListOfficeCity":"Palm Desert", "ListOfficeCountry":"USA", "ListOfficeEmail":"mike@mikejeppson.com", "ListOfficePostalCode":"92260", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Desert Hot Springs, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/66338-2nd-St_Desert-Hot-Springs_CA_92240_M21801-91189?f=listhub&s=CDARCA&m=219142976&c=rexren", "MLSModificationTimestamp":"2026-02-11 05:22:54", "Neighborhoods":[{"Description":null, "Name":"340 - Desert Hot Springs"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/11/2026 5:30:55 AM GMT
Source Updated Date: 2/14/2026 6:53:47 PM GMT

Courtesy of: Richard H MacMillan, HomeSmart, rhmacmillan@yahoo.com

Copyright © 2026 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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