
Desert Hot Springs, California 92240
This Four-Plex Residential Asset is a Strong Value Opportunity, listed at $599,999—positioned well above the $549,075 Fair Market Value. While the property requires a Fair Condition Rating assessment, it offers immediate cash flow through four occupied units and a unique Private Mineral Hot Water Spa. The property features Panoramic City Light Views and significant rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to utilize a "house hack" strategy to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12750 Miracle Hill Road Subject | $545,000* List Price | 0 | 0 | 3,339 | $165 | - |
A 12747 Calle Amapola Pending | $409,988 List Price | 4 | 2 | 2,132 | $192 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1984 (40 years old), placing it beyond the typical threshold for 'Good' condition without a full renovation. While the interior features updated wood-look tile flooring and the listing mentions a new central air system for Unit A, the kitchens remain dated with original-style cabinetry and older appliances. The exterior shows some signs of wear, such as peeling paint on railings. It is functional and well-maintained for a rental property but requires cosmetic updates to the kitchens and baths to move beyond a fair rating.
This four-plex offers immediate cash flow with all units currently occupied, providing an ideal opportunity for an owner-user to live in one unit while the others offset the mortgage.
The property includes a rare, private mineral hot water spa and its own mineral well for Unit A, a highly coveted and unique amenity in the Desert Hot Springs market.
Positioned on Miracle Hill, the property provides breathtaking panoramic views of city lights, snow-capped mountains, and sunsets, significantly enhancing its aesthetic appeal and value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2904, other record living area = 3339.
The listing specifies that viewings are only available subject to an accepted offer, which creates a significant barrier for entry and may deter many traditional buyers.
While gas and electricity are individually metered, the property operates on a single water meter, placing the burden of water costs on the owner and complicating utility management.
Excellent Value !!!12750 miracle hill rd in Desert Hot Springs Ca A spacious FOUR-PLEX 4 Units has great income !!! ON MIRACLE HILL ROAD. . Live In One OR collect Rent from Others!! Strong cash flow from day one. $4700 a month all rented ! ZONING R4!!! Building area 3339 sqft !!! LOT SIZE 7840 1 unit A- 2 BEDROOM AND 1 BATH LARGE LIVING ROOM WITH FIREPLACE CENTRAL AIR ,ZONED ,Views , for $1200 - UNIT B - 1/1 $1300 UNIT C- FOR $1200 . UNIT D-1/1 FOR $1000 . 4 separate electric . 5 gas meters. each unit has a one hot water heater. 4 dishwasher . 4 ranges. 4 refrigerators. 4 patio. & 4-6 parking spaces ! Large LOT!!!has a well spa Laundry!!!! In front of each unit parking space ,!Miracle Hill Road enjoy Views !!!!. Unique property, call the listing agent HANNA for more info 818-602-87-69.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 3,339 | 1,508 |
| Lot Size | 7,840 | 7,841 |
| Price | $545.0K | $398.1K |
| Price per sq ft | $163 | $248 |
| Built year | 1981 | 1986 |
| HOA | $0 | $334 |
| Days on market | 31 | 88 |
Jul 21, 2026
$545,000
$549,999
-1% Price Drop
Initial Listing
Jul 14, 2026
$549,999
$569,000
-3% Price Drop
Initial Listing
Jun 25, 2026
$569,000
$599,999
-5% Price Drop
Initial Listing
Jun 21, 2026
$625,000
Initial Listing
Jun 21, 2026
$599,999
Initial Listing
Sep 26, 2014
$215,000
Public Record