N/A
Bedrooms
Sold for $520,000 · Sep 2016
SOLDListed at $575,000
Desert Hot Springs, CA
MLS# 216019258DA
Jennifer Matthews
Listing Agent
RE/MAX Consultants
DRE #: 01745765
Brokerage: RE/MAX Consultants
N/A
Bedrooms
0
Bathrooms
N/A
Square Feet
1968
Year Built
0.3 acres
Lot Size
N/A
Price/Sq Ft
N/A
Garage Spaces
N/A
HOA
Property
Property Type
Villa Fontana Apartments, Great Investment Opportunity, rare 10 unit apartment fully occupied, each unit has 1 bedroom, 1 bathroom, and kitchen with open great room for entertainment and eating, recently painted, new tile floors in all units, managed very well and well cared for! Each unit has an assigned parking space, every unit has a front door security screen and 2 security gates for main access into open courtyard, courtyard is great for entertainment, plenty of room for all tenants to relax and enjoy each others company, community coin-operated laundry room with extra storage closets for each unit and many more details. Net Operating income is currently $56,622.98, great cap rate of 9.84%. Do not disturb tenants, drive by only call Listing Agent Assistant Mitch for all details. Subject to cancellation of current escrow
Listing description from the September 2016 sale, as reported to CRMLS.
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2 recorded sales
66362 7th Street sold for $520,000 in September 2016, 9.6% under its $575,000 list price, after 97 days on the market. Across 340 closed sales in 92240 over the last 12 months, the median sold price is $357,139 and the median is $235 per square foot.
| Quarter | Closed sales in 92240 | Median sold price |
|---|---|---|
| Q1 2026 | 32 | $346,250 |
| Q2 2026 | 152 | $350,275 |
| Q3 2026 | 132 | $370,750 |
| Q4 2026 | 24 | $367,995 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Desert Hot Springs · Homes for sale in 92240
Closed sales reported in 92240, nearest first, last 12 months. All recent sales in Desert Hot Springs →
66362 7th Street
Contact Jennifer Matthews
Contact via Nalren messaging
Contact Listing Agent
RE/MAX Consultants
DRE #01745765
Contact information is not available for this listing.