13627 13627 Hermano Way, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 0 bed, 0 bath
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Desert Hot Springs, California 92240
This High-Yield Income Asset is a High-Potential Investment Opportunity priced at $890,000, aligning with its $890,000 Fair Market Value. Currently generating $6,300 in monthly rental income, the property features a rare existing hot mineral water well, paid-off solar, and a Condition Rating of 3. The 10-bedroom configuration on a 0.51-acre lot near Desert Springs Middle School and Julius Corsini Elementary offers massive potential for an Assisted Care Living Facility. This turnkey asset is a strategic acquisition for Buy-and-Hold Investors or Healthcare Facility Operators.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13627 13627 Hermano Way Subject | $890,000* List Price | 0 | 0 | 3,790 | $235 | - |
A 13627 Hermano Way Active | $890,000 List Price | 10 | 7 | 3,790 | $235 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property has undergone extensive recent renovations including new flooring, updated bathrooms, fresh interior and exterior paint, and new window blinds. Major systems have been upgraded with a paid-off solar system and new individual mini-split AC/heat units in every room. While the 1958 structure is older, the interior is move-in ready with modern stainless steel appliances, though the on-site spas require refurbishment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22215, living area = 3790.
The property currently generates $6,300 in monthly rental income from nine rooms, providing immediate cash flow for an investor.
Features an existing and working hot mineral water well, a highly sought-after and rare asset in the Desert Hot Springs area.
The two on-site spas are currently non-functional and require refurbishment, necessitating additional upfront capital investment.
With 10 bedrooms and a specialized layout, the property appeals to a very specific buyer pool, which may limit resale liquidity compared to standard residential homes.
A significant price reduction history from $1.3M to $950k suggests initial overvaluation and may lead to appraisal challenges or extended market time.
10 Bedrooms, 7 bathrooms, large kitchen, large laundry room, large dining area. Nine rooms are being rented out for $700 per month with access to kitchen and laundry room. Located on a .51 ac. parcel consisting of 3 individual lots. Great Potential for conversion into an Assisted Care Living Facility. Two spas on site that need to be re-furbished. Has EXISTING AND WORKING hot mineral water well. Painted in and out. New flooring. New bathrooms. New window blinds. Existing paid off solar system. New mini-split ac/heat units in each room. One of the bedrooms is a 2 room with bath and shower great for a assisted care manager. Existing patio between building and spas ready for a new enclosed patio.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 0.0 | 2.0 | 1% |
| Square foot | 3,790 | 1,672 | 99% |
| Lot Size | 22,215.6 | 7,841 | 99% |
| Price | $890.0K | $399.0K | 99% |
| Price per sq ft | $235 | $244 | 41% |
| Built year | 1958 | 2004 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 253 | 178 | 80% |
Mar 10, 2026
$890,000
$950,000
-6% Price Drop
Initial Listing
Feb 15, 2026
$950,000
$995,000
-5% Price Drop
Initial Listing
Dec 17, 2025
$995,000
$1,100,000
-10% Price Drop
Initial Listing
Oct 22, 2025
$1,100,000
$1,300,000
-15% Price Drop
Initial Listing
Sep 26, 2025
$1,300,000
Initial Listing