66066 5Th Street Desert Hot Springs CA 92240 | 21745288

66066 5Th Street
Desert Hot Springs, CA, 92240
$798,000
Beds
Baths
0 SqFt
0.3 Acres
**ALL 4 units to be delivered VACANT** This lush and artistically designed 4-Plex oasis offers a quintessential gated desert compound with spectacular sunset and mountain views: Two Spanish-Style Duplexes, two oversized garages, a gazebo, and other communal areas set on a terraced double lot of .30 acres. Only minutes from Palm Springs, Joshua Tree and Coachella. Desert Hot Springs is world-renowned as a wellness destination for its mineral-rich aquifer waters found at local Spas/Resorts and its burgeoning Cannabis Industries. INVESTMENT OPPORTUNITIES include: 4 Casitas, w/garden-view front patios; 2 units w/French doors & private gated yards. Property is perfect for investors or multi-gen families looking to own a desert sanctuary. Generate RENTAL INCOME seasonally or short term with units– or as a full compound rental, i.e., retreats, events, workshops. Two insulated garages offer an additional option to rent out studio space for yoga, gym or art. Two driveways & two concrete slabs with water & electric access offer income possibilities with RVs, yurts. ** NEW Electric Panels & meters. All units freshly renovated with interior paint, upgrades to bathrooms & kitchens, new fixtures & lighting, various landscape, plumbing & sprinkler system improvements. On-site laundry, tool room, outdoor night lighting, electric driveway gate, tropical birds.

Property Details

Price:
$798,000
MLS #:
21745288
Status:
Active
Address:
66066 5Th Street
Type:
Residential Income
City:
Desert Hot Springs
Listed Date:
Jun 6, 2021
State:
CA
ZIP:
92240
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1956
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66066 5Th Street
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