66445 5th ST, Desert Hot Springs, CA 92240
66445 5th ST, Desert Hot Springs, CA 92240
66445 5th ST, Desert Hot Springs, CA 92240
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$339,950
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6,969 Sqft Lot
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66445 5th ST Desert Hot Springs, CA 92240

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Patrick Fossati

Patrick Fossati

+1(805) 910-0463

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Agua Dulce

MLS Listing ID 219150828DA

HOA Y/N No

Year Built 1980

Lot Size 6,969 Sqft

Property Description

Maximize your rental yield with this turnkey, centrally located duplex in the heart of Desert Hot Springs. Featuring strong tenant history, individual meters, and good rental history. This asset is optimized for cash flow from day one.OVERSIZED HOMES: Note these units are extremely easy to rent due to their rare and huge 1144 sq foot living spaces. Financial Highlights: Gross Rental Income: Unit A (2 Bed / 1 Bath): Generates $1,495/month in market-rate rent from a reliable occupant. Deposit is $1495. Lease term began 4-10-26 and expires 3-31-27. Unit B (2 Bed / 1 Bath): Generates $1,330/month with predictable, with approx. 50% government-backed HAP assistance payments. Deposit is $1250. Lease term began 1/20/23. Last rent increase was effective 1-1-25 so unit is eligible for rent increase any time. Utility Expenses: Units are individually metered for electricity and gas so tenant pays for these expenses. Owner Expenses: Covered costs are water, sewer and trash services.Property Configurations & Amenities: Spacious Layouts: Mirrored floorplans boasting 1,144 square feet of optimized living space per unit. Climate Control: Energy-efficient central heating and AC paired with cooling ceramic tile and luxury vinyl bedroom flooring. Kitchens: Full appliance setups including a dishwasher, gas stove, and refrigerator with a built-in breakfast bar. In-Unit Laundry: Separate laundry inside each unit to maximize tenant retention and convenience. Exterior Features: Large, covered front patios for outdoor relaxation and off-street parking accommodating up to four vehicles. Possible small RV or boat parking too.Prime Central Location: Walker's Paradise: Located in central Desert Hot Springs with a two-minute walk to daily necessities like the Dollar General and dining at Las Palmas Mexican Restaurant.

Location

State CA

County Riverside

Area 340 - Desert Hot Springs

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Gas

Flooring Tile, Vinyl

Fireplace No

Appliance Dishwasher, Disposal, Gas Range, Refrigerator, Vented Exhaust Fan, Water Heater

Exterior

Parking Features Covered, Shared Driveway, Side By Side

Carport Spaces 4

View Y/N No

Total Parking Spaces 12

Private Pool No

Building

Lot Description Near Public Transit

Story 1

Sewer Unknown

New Construction No

Others

Senior Community No

Tax ID 639212017

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Christopher Townson eXp Realty of California, Inc. #01033710

NEARBY SCHOOL & BUSINESS

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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