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$539,900 -$100,000 (-15.63%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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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 strategy…House-hack it; Hold it; Scale from it! The flexibility here is real.

Full Property Details for 66012 5th St

General

  • Price: $539,900
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SW26092531
  • Updated: 5/1/2026
  • Days on Market: 2 days
  • Added to Site: 3 day(s) ago

Interior

  • Rooms/Areas: See Remarks, Kitchen, Living Room
  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: See Remarks

Additional Information

  • Pool Description: None

Parking

  • Garage Spaces: 2

Location

  • Area: 340 - Desert Hot Springs
  • County: Riverside
  • Development Name: 340 - Desert Hot Springs
  • Driving Directions: off the 62, turn on Pierson Blvd; then left on WEST Dr; to 5th Street

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: See Remarks

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 1

Structural Information

  • Entry Location: front
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 2,326
  • Year Built: 1954

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,841
  • Lot Size Source: Assessor
  • Lot Description: Corner Lot, Lot 6500-9999

Financial Considerations

  • Price Per Sq. Ft.: $232.12
  • Price Per Unit: 179967

Disclosures and Reports

  • Exclusions: Current tenants' personal property

Listed by Allison James Estates & Homes, Theresa DiCiolla

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Listing agent

— 66012 5th St —

  • Theresa DiCiolla

    Allison James Estates & Homes

951-285-9969

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 66012 5th St

School District:Palm Springs Unified School District
NameGradesDistance
Bella Vista Elementary School, Desert Hot Springs, CA
65750 Avenida Jalisco, Desert Hot Springs, CA 92240
K-51 mi
Painted Hills Middle School
9250 Sonora Drive, Desert Hot Springs, CA 92240
6-81.1 mi
Desert Hot Springs High School
65850 Pierson Boulevard, Desert Hot Springs, CA 92240
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 66012 5th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/30/2026
Listed
$539,900
6.65%
MLS
5/08/2024
Sold
$506,250
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 66012 5th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,280
-2%
$421,362
2%
2024
$6,412
-1%
$413,100
2%
2023
$6,507
28%
$405,000
42%
2022
$5,071
27%
$285,600
40%
2021
$4,007
3%
$203,715
1%
2020
$3,883
1%
$201,628
2%
2019
$3,828
3%
$197,675
2%
2018
$3,716
3%
$193,800
2%
2017
$3,594
18%
$190,000
20%
2016
$3,058
52%
$157,917
2%
2015
$2,016
1%
$155,546
2%
2014
$1,992
29%
$152,500
34%
2013
$1,540
—
$113,403
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Allison James Estates & Homes, Theresa DiCiolla

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66012 5th Street, Desert Hot Springs, CA 92240 (MLS# SW26092531) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 66012 5th Street is currently listed for $539,900 and was received on April 30, 2026. Want to learn more about 66012 5th Street? Do you have questions about finding other Multi-Family real estate for sale in Desert Hot Springs? You can browse all Desert Hot Springs real estate or contact a Coldwell Banker agent to request more information.

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