Desert Hot Springs, CA 92240,66229 8th Street
Desert Hot Springs, CA 92240,66229 8th Street
Desert Hot Springs, CA 92240,66229 8th Street
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$950,000
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3,000 SqFt
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66229 8th Street Desert Hot Springs, CA 92240

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $316

MLS Listing ID CRCV25101408

HOA Y/N No

Year Built 1965

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Other

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 l

Location

State CA

County Riverside

Zoning R1

Interior

Heating None

Fireplace No

Laundry No Hookups

Building

New Construction No

Others

Tax ID 639181025


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Listed by William Melton • PAEZ REALTY COMPANY

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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66229 8th Street