Fully Occupied Four-Unit
For Sale
$590,000
66949 Terrace Way, Desert Hot Springs, CA 92240
All four residences are occupied within an established multifamily rental property near everyday services.
Property SizeContact for details
Days on Market55
Property Features for 66949 Terrace Way
General Information
Standard status
Active
Property subtype
Investment
Occupancy
100%
Additional Details
Public Transit
Yes
Multifamily Units
4
Building Details
Year Built
1965
Stories
1
Units
4
Listing Agency:
Equity Union
Listed By:
Kristopher Maddock · License #01485000
(760) 485-8922
Source:
Elliman
Added: Sep 11
Changed: Oct 25
Last Checked: Nov 3 at 6:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Union
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Investment Insights
Based on property information with market context.
Located at 66949 Terrace Way, this multifamily property contains four individual residences with a combined total of 5 bedrooms and 4 bathrooms. The building was constructed in 1965, and all four units are currently occupied, supporting an established rental operation.
The property is in Desert Hot Springs, near shopping, dining, schools, and everyday services. Palm Springs and surrounding desert communities are accessible from the area. Walk Score is 30, Bike Score is 26, and Transit Score is 27.
The property is in Desert Hot Springs, near shopping, dining, schools, and everyday services. Palm Springs and surrounding desert communities are accessible from the area. Walk Score is 30, Bike Score is 26, and Transit Score is 27.
Key Highlights
- Four‑unit multifamily property at 66949 Terrace Way
- All four units are currently occupied
- Combined unit configuration includes 5 bedrooms and 4 bathrooms
Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
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Business Placement
Demographics for 92240, CA
40,920
Population
15,977
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
35.7 sq mi
ZIP Area
1,146
Density / Sq Mi
$51,284
Median Household Income
$32,137
Median Earnings
$1,367
Median Rent
$294,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are occupied within an established multifamily rental property near everyday services.
Where is this quadplex located?
The property is located at 66949 Terrace Way Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Four‑unit multifamily property at 66949 Terrace Way; All four units are currently occupied; Combined unit configuration includes 5 bedrooms and 4 bathrooms
