66466 4th Street

Desert Hot Springs, CA 92240

$519,900
Price
4
Beds
2
Baths
1,464 Sq. Ft.
$355 / Sq. Ft.
1,464
Sq. Ft.
$355
per Sq. Ft.

Description

The Best Part of This Duplex is GREAT INCOME AND SUPER LOW MAINTENANCE! The tenants are great, NON NEEDY, never have issues paying. Rents come in like clockwork. Current total gross rents are $3264 and going up in June. Market rents are currently at about $4,2k to 4,4k per month total. Property Offers Onsite Community Laundry Room & Back Yard Space For Both Units. Separately Metered, Legal Two Units Make it Easy to Rent and Keep Track. Built in 1986 with newer roof and decent upgrades all around....The Best Part of This Duplex is GREAT INCOME AND SUPER LOW MAINTENANCE! The tenants are great, NON NEEDY, never have issues paying. Rents come in like clockwork. Current total gross rents are $3264 and going up in June. Market rents are currently at about $4,2k to 4,4k per month total. Property Offers Onsite Community Laundry Room & Back Yard Space For Both Units. Separately Metered, Legal Two Units Make it Easy to Rent and Keep Track. Built in 1986 with newer roof and decent upgrades all around. Both Tenants keep the grounds and inside units very clean. Ideal/Central location is in close/walking proximity to Schools, Library, Parks, Grocery Shopping, Mineral Spa Resorts Etc. Don't' miss the opportunity to live in one and rent the other or just "own" your own affordable income property. No issues with tenants paying rent on time & very low maintenance property with barely any repairs!
  1. Listed by Anna Sadowska • DRE #01701469 • Brokerage DRE #01701469 • Anna Sadowska

Property Details for 66466 4th Street

Zoning
LC
Cross Streets
Palm Dr
Parcel Number
639212041
Total Units
2.0
Living Area
1464
Source Living Area
Vendor Enhanced
Area
Desert Hot Springs (340)
Subdivision Name
Not in a Development

Location

Listing Courtesy of Anna Sadowska, Anna Sadowska, DRE #01701469
Add your commute
LISTING UPDATED: 04/28/2024 04:30 PM

Property Details for 66466 4th Street

StatusActive Under Contract
MLS #24-352217
Days on Market92
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1986
Lot Size0.15 AC / 6,534 SF
CountyRiverside County

Location

Listing Courtesy of Anna Sadowska, Anna Sadowska, DRE #01701469
Add your commute

Building Information for 66466 4th Street

Stories1Residences-Year Built1986Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$3,082 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,837

Property Taxes

$245

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 66466 4th Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
  • Builders Tract Name: Not in a Development
  • Builders Tract Code: Not in a Development
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: Attached
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $50,000
  • Net Operating Income: $42,356.00
  • Gross Income: $50,000
  • Gross Rent Multiplier: $10.00
  • Actual Gross Annual Income: $50,000
  • Total Annual Expense: 7644
  • Tax Expense: $6,444
  • Insurance Expense: $1,200
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.15
  • Lot Size Square Feet: 6534
Parking Details
Parking Details
  • Parking Garage: Attached, Garage - 2 Car, Driveway
  • Total Parking: 4
  • Covered Parking: 2
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door, Driveway
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Ceramic Tile, Vinyl, Vinyl Tile
  • Equipment: Ceiling Fan
  • Interior Features: Ceiling Fan(s)
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-29-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,800.00
  • Unit Projected Rent: $2,075.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,464.00
  • Unit Actual Rent: $1,464.00
  • Unit Projected Rent: $2,075.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $133,124.00
  • Assessed Improvement Percent: 90.0
  • Assessed Land Value: $14,788.00
  • Assessed Land Percent: 10
  • Assessed Total Value: $147,912.00

Property History for 66466 4th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 66466 4th Street

Taxable ValueLand$14,788Additions$133,124Total$147,912
Tax Record2023$2,936 ($245 / month)
Home Facts
Baths2Total Finished SqFt1,464 SqFtAbove Grade Finished SqFt1,464 SqFtStories1Lot Size6,534 SqFtStyleMulti-Family Dwelling (2-4)Year Built1986Year Renovated1987ZoningR2CountyRIVERSIDEAPN639-212-041Fireplace TypeHas Fireplace

Schools near 66466 4th Street

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Bella Vista Elementary School
PublicK to 5

Painted Hills Middle School
Public6 to 8

Desert Hot Springs High School
Public9 to 12

Mt. San Jacinto High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Anna Sadowska, Anna Sadowska, DRE #01701469

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.