66590 Joseph Way, Desert Hot Springs, CA 92240

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
66590 Joseph Way,Desert Hot Springs, CA 92240
$650,000
  • 2 Beds
  • - Baths
  • 2,520 sq. ft.
  • Multi-family
  • Pending
Listed by: tony burton
Office: burton commercial, inc.
MLS#:CRSW25235051
Source:CA_BRIDGEMLS

Price summary

  • Price:$650,000
  • Price per sq. ft.:$257.94

About this home

This is a very nice triplex, inside and out! Freshly painted stucco building with tile roof. Newer special engineered wood flooring. AND ALL UNITS HAVE THEIR OWN SEPARATE WATER METER!! SO YOU CAN MAKE EACH TENANT PAY THEIR OWN WATER BILL!!!! All units are 2 bedrooms 1 baths. Kitchens have been upgraded including newer counter tops, cabinets and appliances. Ceiling fans throughout. Each unit has it's own private fenced yard area! One car garage for each unit. Central heating and air. All units separately metered with gas and electric that tenants sign up and pay for. Washer and dryer hookups in each unit. One block and walking distance to shopping. Walk in closets for each unit!!! This complex really performs! Please see directly below! At ACTUAL RENTS, we're putting out $60,480 annual gross income, an impressive 10.75 Gross Rent Multiplier, a much better than market 7.62% Cap Rate, and a robust 11.21% Cash on Cash Return!! At MARKET RENTS, we're putting out, $75,600 Annual Gross

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Home facts

  • Year built:1986
  • Listing ID #:CRSW25235051
  • Added:95 day(s) ago
  • Updated:January 12, 2026 at 08:42 AM

Rooms and interior

  • Bedrooms:2
  • Living area:2,520 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1986
  • Building area:2,520 sq. ft.
  • Lot area:0.17 Acres

Finances and disclosures

  • Price:$650,000
  • Price per sq. ft.:$257.94

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