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10485 Santa Cruz Road, Desert Hot Springs, CA 92240

$579K4bd · 4ba · 1,943 sqft
Lot 10,890 sqft•Single Family Residence•
Active
•6d on market•MLS# 219155010

Property Description

TURNKEY 4-PLEX WITH PROVEN CASH FLOW | 3 STUDIOS + 1 BEDROOM | FULLY UPDATED 3 units occupied 1 left vacant for OWNER OCCUPANCY. USE VA, FHA or Conventional. Ask us how to get a rate buy down!! Exceptional turn-key multi-family opportunity in Desert Hot Springs! Comprising four updated units (one 1-bedroom/1-bath unit and three spacious studios), this low-maintenance asset delivers dependable cash flow from day one. Fully remodeled three years ago with contemporary luxury vinyl plank flooring, modern kitchens, and updated baths - plus Unit #3 has just been freshly prepped for immediate occupancy.

Features & Amenities

Desert View EstatesFeeBuilt 1965

Property Details

Subdivision
Desert View Estates
Land Type
Fee
Year Built
1965
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
18
Garage Spaces
10
Heating
Wall Furnace, None, Electric
Cooling
Air Conditioning, Electric
View
Mountain(s)
Flooring
Laminate
City
Desert Hot Springs
Zip Code
92240
County
Riverside
Listed byCompass, Maria N Corbisiero·714-580-9103

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,927.74
Principal & Interest
Loan Amount
$463,200
Total Interest
$590,786
Total Payment Over 30 Years
$1,053,986
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Desert View Estates

This property is located in Desert View Estates, a community in Desert Hot Springs. Explore more listings in this neighborhood to compare options and pricing.

View Desert View Estates Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

10485 Santa Cruz Road, Desert Hot Springs, CA 92240

Desert View Estates · Desert Hot Springs · Single Family Residence

$579K
Residential Tier
Beds
4
Baths
4
Sqft
1,943
Lot
10,890 sqft
Year
1965
$/Sqft
$298
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 10-car✓

Listed 6.2% above the median closed sale of $545,000. Price per sqft ($298) is a 10% premium to closed comps ($270). Closed comps sold at 100% of list — strong seller's market. Expect a longer timeline — comps averaged 137 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $579K· $298/sqft
Total list price
Closed comps
vs closed median $545K
+$34K (+6.2%)
Active comps
vs active median $500K
+$79K (+15.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $287
+$11 (+3.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
10512 Aurora PlaceDesert Hot Springs2006332,0679,148$290$599,9998868
65357 Avenida DoradoDesert Hot Springs2021432,1489,148$293$629,0005468
66778 Casa Grande DriveDesert Hot Springs2025431,8207,405$275$499,99913066
66871 Casa Grande DriveDesert Hot Springs1989321,7789,148$279$495,5003466
10281 Palm DriveDesert Hot Springs1995321,6755,227$299$500,0003765
Total: 5 · Average3.42.61,897.68,015.2$287.2$544,899.668.6
Median1,820$500,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
65975 Avenida LaderaDesert Hot Springs199312/08/2025431,73014,375$534,000$545,000$3151.023367
66053 Avenida LaderaDesert Hot Springs200303/20/2026422,1207,405$577,000$577,000$2721.004867
10644 San Pablo RoadDesert Hot Springs200512/22/2025321,9298,712$515,000$505,000$2620.9846666
9891 El Rio LaneDesert Hot Springs199507/15/2026342,5559,148$587,000$580,000$2270.994760
10341 Palm DriveDesert Hot Springs199411/24/2025321,9526,098$531,000$538,000$2761.018957
Total: 5 · Average3.42.62,057.29,147.6$549,000$549,000$270.4—136.6
Median1,952$545,000$545,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.