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    66671 3Rd St Desert Hot Springs, CA 92240

    For Sale
    $530,000

    Three-unit multifamily property in Desert Hot Springs, California.

    Lot size:
    0.15 Acres

    Property Features for 66671 3Rd St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1958

    Source: LE INVESTMENT GROUP Agent ALBERT LE

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Desert Hot Springs Triplex

    This multifamily property is located at 66671 3rd Street in Desert Hot Springs, CA. It is one of three properties in a portfolio. The property features a mix of two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. It offers functional layouts, carport parking, and strong in-place income. The current cap rate is 9.01%. The property is situated within a well-maintained neighborhood.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Desert Hot Springs
    County
    Riverside
    State
    California
    Longitude
    -116.4983538
    Latitude
    33.9639417

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    FAQs

    What type of property is this?
    Triplex - Three-unit multifamily property in Desert Hot Springs, California.
    Where is this triplex located?
    The property is located at 66671 3Rd St Desert Hot Springs, CA.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: - High Cap Rates: Properties offer strong in-place income with current cap rates ranging from 6.25% to 9.01%.; - Multifamily Portfolio: Opportunity to acquire a three-property portfolio totaling nine units.; - Desirable Location: Two of the properties are located in Desert Hot Springs' desirable Spa Zone.
    (909) 256-7889
    Request Owner's contact information
    66671 3Rd St Desert Hot Springs, CA 92240
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    Desert Hot Springs, CA 92240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    66671 3Rd St Desert Hot Springs, CA 92240
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