66445 5th front
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66445 5th Street, Desert Hot Springs, CA 92240

$340K4bd · 2ba · 2,288 sqft
Lot 6,970 sqft•Duplex•
Active
•96d on market•MLS# 219150828

Property Description

Maximize your rental yield with this turnkey, centrally located duplex in the heart of Desert Hot Springs. Featuring strong tenant history, individual meters, and good rental history. This asset is optimized for cash flow from day one. OVERSIZED HOMES: Note these units are extremely easy to rent due to their rare and huge 1144 sq foot living spaces. Financial Highlights: Gross Rental Income: Unit A (2 Bed / 1 Bath): Generates $1,495/month in market-rate rent from a reliable occupant. Deposit is $1495. Lease term began 4-10-26 and expires 3-31-27. Unit B (2 Bed / 1 Bath): Generates $1,330/month with predictable, with approx. 50% government-backed HAP assistance payments. Deposit is $1250. Lease term began 1/20/23. Last rent increase was effective 1-1-25 so unit is eligible for rent increase any time. Utility Expenses: Units are individually metered for electricity and gas so tenant pays for these expenses. Owner Expenses: Covered costs are water, sewer and trash services. Property Configurations & Amenities: Spacious Layouts: Mirrored floorplans boasting 1,144 square feet of optimized living space per unit. Climate Control: Energy-efficient central heating and AC paired with cooling ceramic tile and luxury vinyl bedroom flooring. Kitchens: Full appliance setups including a dishwasher, gas stove, and refrigerator with a built-in breakfast bar. In-Unit Laundry: Separate laundry inside each unit to maximize tenant retention and convenience. Exterior Features: Large, covered front patios for outdoor relaxation and off-street parking accommodating up to four vehicles. Possible small RV or boat parking too. Prime Central Location: Walker's Paradise: Located in central Desert Hot Springs with a two-minute walk to daily necessities like the Dollar General and dining at Las Palmas Mexican Restaurant.

Features & Amenities

Agua DulceFeeBuilt 1980

Property Details

Subdivision
Agua Dulce
Land Type
Fee
Year Built
1980
Property Type
Residential Income
Property Subtype
Duplex
Parking Spaces
12
Garage Spaces
0
Heating
Forced Air, Natural Gas
Cooling
Air Conditioning, Ceiling Fan(s), Central Air, Gas
Flooring
Ceramic Tile, Vinyl
City
Desert Hot Springs
Zip Code
92240
County
Riverside
Listed byeXp Realty of California, Inc., Christopher J Townson·619-520-6674

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,718.97
Principal & Interest
Loan Amount
$271,960
Total Interest
$346,870
Total Payment Over 30 Years
$618,830
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Agua Dulce

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

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