Mid-Century Triplex in Desert
66175 Acoma Avenue, Desert Hot Springs, CA 92240
MULTI_FAMILY - Desert Hot Springs, CA
Property size:
1,350 SFLot size:
0.15 AcresPrice / SF:
$333/SF- Added:
- May 14, 2026
- Days on Market:
- 15
- Last Refresh:
- May 28 at 3:06 pm
Property Features for 66175 Acoma Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2
- Parking
- 8
- Parking features
- Assigned, Covered, Driveway
- Standard status
- Active
- APN
- 641022018
- Size
- 1,350 SF
- Lot size
- 0.15 Acres
Utilities
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile, Vinyl, Mixed
Listing agent Michael E Valerio License #01821635 (760) 712-5948
Listing office HomeSmart 73301 Fred Waring Dr., Ste 101, Palm Springs, CA (760) 844-7500
Listing date May 14, 2026
MLS# 219147916
Listing URL
Copyright © 2026 California Desert Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Vacant Triplex: Immediate rental income potential.
- Three Separate Units: Featuring two 1‑bed/1‑bath units plus a larger unit with a bonus room.
- Private Parking: Each unit comes with its own dedicated parking space.
- Prime Location: Enjoy being within walking distance to Civic Center and Downtown Desert Hot Springs.
- Lightly Renovated Units: Some units have already been updated.
- Proximity to Palm Springs: Conveniently located approximately 20 minutes from Palm Springs.
Overview
This mid-century triplex consists of two buildings with three separate units, each with private parking. Units 1 and 2 each contain one bedroom and one bathroom. The rear unit includes a full-size bedroom and a versatile bonus room that can serve as another bedroom. The property is connected to sewer. All units are currently vacant, offering immediate rental potential for investors or owner-occupants. Some units have been lightly renovated. The property is ideally located within walking distance of the Civic Center and Downtown Desert Hot Springs. It is approximately 20 minutes from Palm Springs. Desert Hot Springs is known for its natural hot mineral spas and growing desert lifestyle appeal. The lot size is 0.15 acres, and the property size is 1350 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$263.5K
NOI $23,719 @ 9.00% cap · cautious / downside scenario
Moderate
$338.8K
NOI $23,719 @ 7.00% cap · market / base-case scenario
Aggressive
$474.4K
NOI $23,719 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.5k | $25.56 |
| − Vacancy | −$621 | −$0.46 |
| EGI | $33.9k | $25.10 |
| − OpEx | −$10.2k | −$7.53 |
| NOI | $23.7k | $17.57 |
1,350 SF · lease $25.56/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$338.8K
$296.5K – $395.3K
NOI $23,719 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$312.2K
$273.2K – $364.2K
NOI $21,852 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$404.4K
$353.9K – $471.9K
NOI $28,311 @ 7.0% cap · market cap 6.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Desert Hot Springs
- County
- Riverside
- State
- California
- Longitude
- -116.507084
- Latitude
- 33.96024
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex with rental potential near downtown Desert Hot Springs.
Where is this triplex located?
The property is located at 66175 Acoma Avenue Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Vacant Triplex: Immediate rental income potential.; Three Separate Units: Featuring two 1‑bed/1‑bath units plus a larger unit with a bonus room.; Private Parking: Each unit comes with its own dedicated parking space.
