Fourth Street Duplex
Type: Multifamily
66236-66238 4th Street Desert Hot Springs, CA 92240
Status:
Sold
Close of Escrow: 01/07/2025
Total Number of Units: 2
Year Built: 1951
Sale Price: $240,000
Price per Unit: $120,000
Price per Square Foot: $200.00
CAP Rate: 8.70%
GRM: 7.34
Downpayment: $90,000
Net Operating Income: $20,119
Rentable Square Feet: 1,200
Lot Size: 0.15
Unit Type
1B1B
2B2B (PROPOSED SFR)
No. of Units
2
1
Le Investment Group proudly presents 66236-66238 4th Street, Desert Hot Springs, CA. A prime multifamily opportunity featuring a 2 unit Duplex, nestled in the thriving community of Desert Hot Springs. Known for its world-renowned natural hot springs and breathtaking views of the San Jacinto Mountains, this area has become a sought-after destination for those seeking a blend of tranquility and luxury. Located just a short drive from Palm Springs, this property offers easy access to a vibrant array of resorts, spas, golf courses, and fine dining. With its unique charm and proximity to the burgeoning amenities of the Coachella Valley, this property represents a rare investment opportunity in one of Southern California’s fastest-growing areas.
