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66327 7th

Desert Hot Springs, CA 92240
  • $789,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: IV26093010
UPDATED: 162 min ago
$789,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Albert Le of LE INVESTMENT GROUP (909-256-7889)


Description

This Six (6) Unit Apartment Property is located at 66327 7th Street, Desert Hot Springs, CA 92240. The property is comprised of Five (5) Studio Units and One (1) One- Bedroom / One-Bathroom Unit, totaling approximately 2,500 square feet of living area situated on a 0.15-acre lot. Originally constructed in 1960, the asset offers a simple and efficient unit mix well-suited for consistent occupancy, appealing to both long-term tenants and workforce housing demand within the area. Its manageable size and layout present a practical investment opportunity with potential for rental upside and operational ease.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T00:28:59.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175932386
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66327 7th Desert Hot Springs, CA 92240

  • Price: $789,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 162 min ago
  • ID#: IV26093010
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1962
Built
Neighborhood:
Other
County:
Riverside
Area:
340 - Desert Hot Springs
Property Description
This Six (6) Unit Apartment Property is located at 66327 7th Street, Desert Hot Springs, CA 92240. The property is comprised of Five (5) Studio Units and One (1) One- Bedroom / One-Bathroom Unit, totaling approximately 2,500 square feet of living area situated on a 0.15-acre lot. Originally constructed in 1960, the asset offers a simple and efficient unit mix well-suited for consistent occupancy, appealing to both long-term tenants and workforce housing demand within the area. Its manageable size and layout present a practical investment opportunity with potential for rental upside and operational ease.
Exterior Features

Entry Level 1 Entry Location Floor Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 6 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Heating None Heating YN No

Property Features

Additional Parcels YN No Cap Rate 8.64 Common Interest Community Apartment Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 95372 Gross Scheduled Income 100392 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 68190 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 27183 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Vacancy Allowance 5020 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-13T00:28:59.053. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Albert Le of LE INVESTMENT GROUP (909-256-7889)