Desert Hot Springs, CA 92240,66229 8th ST
Desert Hot Springs, CA 92240,66229 8th ST
Desert Hot Springs, CA 92240,66229 8th ST
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$950,000
Est. payment /mo
7 Beds
6 Baths
3,000 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $316

MLS Listing ID CV25101408MR

Bedrooms 7

Year Built 1965

Lot Size 0.280 Acres

Property Sub-Type Multi-Family

Property Description

Victor Martinez & Associates is pleased to present 8TH ST APARTMENTS, a 6-unit multifamily property located at 66229 8th St in Desert Hot Springs, CA. This value-add opportunity features a well-balanced unit mix consisting of (3) 1-bed/1-bath units, (2) 2-bed/1-bath units, and (1) studio, offering a strong appeal to a broad tenant base in a high-demand rental area. Situated on 0.28 acres, the property was built in 1965 and provides on-site parking and direct street frontage on 8th St. Owner pays water, gas, electric, trash and sewer. The property is located in a quiet, residential neighborhood just across from a public park, making it an ideal setting for long-term renters. 8TH ST APARTMENTS is positioned in a growing submarket of the Coachella Valley with strong rental demand and limited supply. With land available for additional improvements and future upside through potential interior or exterior enhancements, this asset presents a rare chance to acquire a well-maintained, income-producing property with long-term growth potential. Property Highlights: 6 total units: (3) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, (1) Studio 0.28-acre lot with on-site parking Located across from a public park in a quiet residential area Tenants pay trash; owner pays water, gas, electric, and sewer Strong local rental market with room for growth Built in 1965 | Individual ownership | APN: 639-181-025

Location

State CA

County Riverside

Area Desert Hot Springs

Zoning R1

Interior

Heating None

Laundry None

Exterior

Pool None

Community Features Biking, Park, Street Lights

Building

Story 1

Sewer Not Available

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by PAEZ REALTY COMPANY
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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