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Property Description
A smart investment with built-in income and room to grow, this centrally located Desert Hot Springs four-plex offers flexibility, steady cash flow, and the potential to add even more value over time.The property features three studio units currently operating as Airbnb rentals, each generating approximately $1,200 per month, along with a two-bedroom, two-bath unit leased as a long-term rental. This balanced unit mix allows for multiple income options while providing immediate returns.Amenities include a fenced pool, a separate lounging area for outdoor relaxation, and on-site parking designated for tenants. The layout supports both short-term and long-term occupancy, making the property appealing to a broad range of renters.Adding significant value is the adjacent lot, which is included in the sale and part of the same parcel as the four-plex. The lot cannot be sold separately. The City of Desert Hot Springs has indicated it would be approved for permits for either an ADU or a duplex featuring two-bedroom, two-bath units and a two-car garage, offering a clear opportunity to expand the property and increase rental income over time.Conveniently located near downtown Desert Hot Springs with easy access to main roads, shopping, and everyday essentials, this property offers a compelling opportunity for investors seeking income today with the ability to grow tomorrow. ***Viewings available subject to accepted offer.***
Full Property Details
Full Property Details for 66665 First St
General
- Status: Closed
- Type: Multi-Family
- Source: Desert_Area_Palm_Springs
- MLS ID: 219140995
- Added to Site: 140 day(s) ago
Interior
- Number of Fireplaces: 1
- Appliances: Refrigerator, Gas Cooktop, Electric Cooktop
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- 3/4 Bathrooms: 1
- Bathroom Features: Shower over Tub, Shower Stall
Bedrooms
- Bedroom Features: All Bedrooms Down
Other Rooms
- Laundry: Own
Additional Information
- Pool: Yes
- Pool Description: Community, In Ground, Gunite, Fenced, Community, In Ground, Gunite, Fenced, Community
- Security/Safety: Gated Community
Parking
- Total Spaces: 4
Location
- Area: 340 - Desert Hot Springs
- County: Riverside
- Subdivision: Not Applicable
- Cross Streets: Ocotillo Road and First Street
Community
- Gated community: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: In, Connected and Paid
- Water: In Street
Structural Information
- Architectural Style: Contemporary
- Exterior Const.: Stucco
- Sub-Flooring: Tile
- Entry Location: Ground Level - No Steps
- Year Built: 1962
- Year Built Source: Assessor
Unit Information
- Unit Location: Not Applicable
Lot Features
- Property View: Yes
- Lot Size Source: Assessor
- Lot Features: Level
- Lot Description: Level
Financial Considerations
- Terms: Conventional, Cash
- Owner Pays: Electricity, Water, Trash Collection, Pool Service, Gas
Disclosures and Reports
- APN: 639294022
Listed by Realty Trust, Sandra Quinn
Sold by Lisa Molinar
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Schools
Schools serving 66665 First St
School District:Palm Springs Unified School District
| Name | Grades | Distance |
|---|---|---|
Bella Vista Elementary School, Desert Hot Springs, CA 65750 Avenida Jalisco, Desert Hot Springs, CA 92240 | K-5 | 1.6 mi |
Painted Hills Middle School 9250 Sonora Drive, Desert Hot Springs, CA 92240 | 6-8 | 1.7 mi |
Desert Hot Springs High School 65850 Pierson Boulevard, Desert Hot Springs, CA 92240 | 9-12 | 1.1 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 66665 First St
Date
Details
Price
Change
Source
1/08/2026
Sold
$595,000
—
MLS
1/08/2026
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
66665 1st Street, Desert Hot Springs, CA 92240 (MLS# 219140995) is a Multi-Family property that was sold on January 08, 2026. Want to learn more about 66665 1st 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.

