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Sold for $580,000
  • Listed by: Realty Trust • Sandra Quinn • Contact: 760-861-5150
    Bought with: Berkshire Hathaway Home Services California Properties
    $580,000

    66665 1st St, Desert Hot Springs, CA 92240

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1962
    -- sqft lot
    $582,400 Zestimate®
    $--/sqft
    $1,910 Estimated rent

    Home value

    $582,400

    $530,000 - $641,000

    $1,910/mo

    Zestimate® history
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    What's special

    Fenced pool
    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.***

    Zillow last checked:

    Listing updated:

    Listed by:

    Sandra Quinn DRE #01391280 760-861-5150,

    Realty Trust

    Bought with:

    Lisa Molinar, DRE #01882273

    Berkshire Hathaway Home Services California Properties

    Source: CRMLS,MLS#: 219140995PSMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Rooms
    • Room types: Living Room, Sound Studio
    Heating
    • Baseboard
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Electric Cooktop, Gas Cooktop, Refrigerator, Water Heater
    Features
    • Flooring: Tile
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 4
    • Parking features: On Street, Side By Side, Unassigned
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Community, Gunite, In Ground
    • Has view: Yes
    • View description: City Lights, Mountain(s)
    Lot
    • Size: 0.31 Acres
    • Features: Corner Lot, Level
    Details
    • Parcel number: 639294022
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Roof: Foam
    Condition
    • New construction: No
    • Year built: 1962

    Community & HOA

    Community
    • Features: Gated, Pool
    • Security: Gated Community
    • Subdivision: Not Applicable-1
    Location
    • Region: Desert Hot Springs

    Financial & listing details

    • Tax assessed value: $231,702
    • Annual tax amount: $4,648
    • Date on market: 1/8/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    5/8/2026Sold$580,000-2.5%
    Source: CRMLS #219140995PS Report a problem
    5/4/2026Pending sale$595,000
    Source: Greater Palm Springs Realtors #219140995 Report a problem
    3/17/2026Contingent$595,000
    Source: Greater Palm Springs Realtors #219140995 Report a problem
    2/27/2026Listed for sale$595,000
    Source: Greater Palm Springs Realtors #219140995 Report a problem
    2/19/2026Contingent$595,000
    Source: Greater Palm Springs Realtors #219140995 Report a problem
    1/8/2026Listed for sale$595,000-2.4%
    Source: Greater Palm Springs Realtors #219140995 Report a problem
    12/2/2022Listing removed--
    Source: CDAR/ Desert Area MLS Report a problem
    11/21/2022Listed for sale$609,900
    Source: CDAR/ Desert Area MLS #219070191 Report a problem
    10/10/2022Contingent$609,900
    Source: CDAR/ Desert Area MLS #219070191 Report a problem
    8/5/2022Price change$609,900-9%
    Source: CDAR/ Desert Area MLS #219070191 Report a problem
    5/18/2022Price change$669,900-4.2%
    Source: CDAR/ Desert Area MLS #219070191 Report a problem
    4/12/2022Listed for sale$699,000
    Source: CDAR/ Desert Area MLS #219070191 Report a problem
    3/10/2022Contingent$699,000
    Source: CDAR/ Desert Area MLS #219070191 Report a problem
    11/11/2021Listed for sale$699,000+336.9%
    Source: CDAR/ Desert Area MLS #219070191 Report a problem
    3/7/2003Sold$160,000+30.1%
    Source: Greater Palm Springs Realtors #41143892 Report a problem
    11/7/2001Sold$123,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,648 -9.9%$231,702 +2%
    2024$5,159 +8.3%$227,160 +2%
    2023$4,764 +0.1%$222,707 +2%
    2022$4,759 +1.4%$218,342 +2%
    2021$4,695 +2.9%$214,062 +1%
    2020$4,561 +1.3%$211,868 +2%
    2019$4,501 +3.2%$207,715 +2%
    2018$4,362 +3.7%$203,643 +2%
    2017$4,206 $199,651 +2%
    2016$4,206 +62.3%$195,737 +1.5%
    2015$2,591 +1.7%$192,798 +2%
    2014$2,548 $189,024 +0.5%
    2013-- $188,171 +2%
    2012-- $184,482 +2%
    2011-- $180,866 +0.8%
    2010-- $179,515 -0.2%
    2009-- $179,944 +2%
    2008-- $176,417 +2%
    2007-- $172,959 +2%
    2006-- $169,569 +2%
    2005-- $166,245 +32.5%
    2003-- $125,460 +2%
    2002-- $123,000
    Find assessor info on the county website

    Neighborhood: 92240

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $582,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $582,400