66553 Estrella Avenue, Desert Hot Springs, CA 92240
Local realty services provided by:Better Homes and Gardens Real Estate Champions
66553 Estrella Avenue,Desert Hot Springs, CA 92240
$329,000
- 2 Beds
- 3 Baths
- 1,355 sq. ft.
- Multi-family
- Active
Listed by: christopher j townson
Office: exp realty of california, inc.
MLS#:219151168
Source:CA_DAMLS
Price summary
- Price:$329,000
- Price per sq. ft.:$242.8
About this home
Prime Desert Hot Springs Investment Duplex - High-Yield Potential
Maximize your portfolio with this centrally located income-generating duplex in the heart of Desert Hot Springs. Situated just half a block east of Palm Drive, this property offers an exceptional layout perfect for multi-generational living, a live-in owner, or a rental investment. Some cosmetic improvements would allow for nice rent increases.
Property Configurations:
• Main House (Unit A): Spacious 2-bedroom, 2-bathroom layout (approx.1,055 sq. ft.). Features durable tile flooring throughout, cozy carpeted bedrooms, a primary suite with an attached bath, and a fully fenced large backyard.
• Detached Studio (Unit B): Cozy approx. 300 sq. ft. rear studio featuring cool Spanish tile, a ceiling fan, a full tub/shower combo, and a private covered patio overlooking a separate fenced yard.
Strong Financials & Immediate Upside:
• Stable Cash Flow: Total current gross income of $1,862/month.
• Unit A ($1,117/mo): Occupied by a long-term, reliable tenant since 2019. Backed by government HAP assistance ($983/mo guaranteed). Currently on a month-to-month lease.
• Unit B ($745/mo): Occupied by a long-term tenant since 2017. Currently on a month-to-month lease.
• Value-Add Opportunity: Both long-term tenants are on month-to-month agreements with rents below current market rates.
Utilities & Parking Logistics:
• Utility Split: Unit A tenant pays gas and electric; owner covers water, sewer, and trash. Owner pays utilities for Unit B.
• Abundant Parking: Includes a 1-car attached garage and 2 off-street spaces for the front unit. The rear unit features massive alley-access parking that easily accommodates 4 cars or large recreational vehicles (boats/RVs up to 30 feet).
Unbeatable Central Location:
Boasting a high walkability factor, this property is a short 4-block stroll to the Hacienda Palms Shopping Center. Tenants enjoy instant access to grocery stores, banking, retail shops, and local dining.
NOTE: Some photos have been digitally altered to remove furniture and tenant property for a better visual of the layout. The original unedited photo is also included for reference....
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Home facts
- Year built:1965
- Subdivision & Development:Not Applicable
- Listing ID #:219151168
- Added:39 day(s) ago
- Updated:September 15, 2026 at 02:30 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Tile
- Bathrooms Description:Shower & Tub
- Kitchen Description:Range Hood, Tile Counters
- Bedroom Description:Main Floor Bedroom
- Living area:1,355 sq. ft.
Heating and cooling
- Cooling:Air Conditioning, Central Air, Wall/Window Unit(s)
- Heating:Central, Electric, Forced Air, Wall Furnace
- Central air:Yes
Structure and exterior
- Roof:Flat
- Year built:1965
- Building area:1,355 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Street Public
- Architectural Style:Hacienda
- Construction Materials:Stucco, Wood Siding
- Levels:1 Story, One Level
Utilities
- Water:Water District
Finances and disclosures
- Price:$329,000
- Price per sq. ft.:$242.8
Features and amenities
- Laundry features:Outside
Parking
- Garage spaces:1
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