Photos coming soon
$539,900
66012 5th Street, Desert Hot Springs, CA 92240
5Beds
4Baths
2,384Sq Ft
2Parking
1954Built
0Days Listed
About This Property
Versatile 3 Unit Property in Desert Hot Springs Live In One, Rent the Other! Strong cash flow from day one. This well-maintained triplex delivers two leased units generating $3,900/month in current rental income, plus a third unit ready to occupy or lease at market rate of about $1,550/mo. putting potential gross monthly income at $5,450! The unit mix is one 2 bedroom/2 bath leased at $1,975/mo, one 2 bedroom/1 bath leased at $1,925/mo, and a 1BD/1BA available for owner-occupancy or immediate rental. All units feature granite countertops, updated cabinetry, and tile flooring throughout. Major capital work is already done the building was fully re-piped with PEX and outfitted with tankless water heaters in 2022, keeping maintenance costs low and protecting your investment for years ahead. No HOA. Lower property taxes. And located just 20 minutes from Palm Springs and the heart of the Coachella Valley putting your tenants close to employment, entertainment, and everything the desert has to offer. The perfect strategyHouse-hack it; Hold it; Scale from it! The flexibility here is real.
Property Location
Map
Property Details
- Property Type
- Multi-Unit
- Bedrooms
- 5
- Bathrooms
- 4
- Building Area
- 2,384 Sqft
- Living Area
- 2,384 sqft
- Year Built
- 1954
- Stories
- 1.0
- Status
- Active
- Days on Market
- 0
- Cumulative Days on Market
- 1
- Original Price
- $539,900
Location & Neighborhood
What's nearby 66012 5th Street, Desert Hot Springs, CA 92240
Nearby Schools
- Desert Hot Springs Elementary School0.2 mi
elementary
- Desert Hot Springs High School0.4 mi
secondary
Parks & Recreation
- Wardman Park0.3 mi
park
Transit Access
- West @ Pierson0.3 mi
Bus Stop
Local Amenities
Dining
- Ty's Chipotle Tacos0.6 mi
POI data updated 4/30/2026
Desert Hot Springs Market Snapshot
230
Active Listings
$290K
Median Price
112
Avg Days on Market
Last updated: Apr 30, 2026
Listed by
Theresa DiCiolla, Allison James Estates & Homes · 951-285-9969
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$539,900