66229 8th ST new

Desert Hot Springs,CA 92240

$ 950000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Dhs

MLS Listing ID CV25101408

Year Built 1965

Lot Size 0.280 Acres

Property Sub-Type Apartment

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. Tenants pay for their own trash service, while all other utilities—water, gas, electricity, and sewer—are paid directly by ownership. 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 340 - Desert Hot Springs

Zoning R1

Interior

Heating None

Laundry None

Exterior

Pool None

Community Features Biking,Park,Street Lights

Utilities Available Sewer Not Available

Building

Lot Description 6-10 Units/Acre

Story 1

Sewer None

New Construction No

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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