66229 8th Street, Desert Hot Springs, CA 92240

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Glen Henderson

[email protected] +1(619) 889-7646

$950,000

Est. payment - /mo

5 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25101408

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

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

Zoning Assessor

Direction Off of 8th Street & Cactus Drive

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 639181025

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Listed by William Melton PAEZ REALTY COMPANY

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

66229 8th Street Desert Hot Springs, CA 92240

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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