66675 4th Street, Desert Hot Springs, CA 92240

About this property

(*Highest & best offer by 5pm Monday-4th*) only $264,950 per building! Two income buildings with total of six 2-bed, 1-bath units. Interior laundry hook-up plus 1-car garages. The rents are under current market. Well maintained, newer windows, flooring, & interior paint. On city sewer. 66675 4th Street & 66685 4th Street combined sale, seller will not sell separately. Desert Hot Springs is an up & coming area minutes from Palm Springs international airport, destination golf, shopping, & dining. 2-hours from Los Angeles & San Diego. Tenant pays electricity + gas. Landlord pays water & trash. Each 880sf unit is currently rented (5 month- to-month). You own the land. No HOA fees, no Land Lease fees. Gross Annual Rent is $56,640 per seller. No showings until after accepted offer - submit offer subject to inspection. If your are not paying attention, you will miss this ground level opportunity.

Listing description from the February 2019 sale, as reported to CRMLS.

Sale history

$243,500

Sold February 2019 · listed $264,950, on market January 2019 · MLS #219002173DA · Source: CRMLS

Listing Agent: Karen Webster · Listing Office: Coldwell Banker Realty · Contact: (760) 345-2527 · Bought with: David Colin · HomeSmart

$182,500

Sold December 2014 · listed $192,500, orig. $365,000, on market December 2013 · MLS #213007762DA · Source: CRMLS

Listing Agent: Karen Webster · Listing Office: Coldwell Banker Realty · Contact: (760) 776-9898 · Bought with: Adrian Revel · Brubaker Culton R.E. & Dev.

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