13627 Hermano Way, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 10 bed, 7 bath
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Desert Hot Springs, California 92240
This High-Yield Income Asset is a High-Potential Investment Opportunity listed at $890,000—positioned below the $902,639 Fair Market Value by 1%. This valuation gap offers $12,639 in Instant Equity. Featuring a Condition Rating of 3, the property includes a rare Hot Mineral Water Well, Paid Solar, and a 10-Bedroom Configuration currently generating $6,300 monthly. Located in the Palm Springs Unified District with stunning Mountain Views, it offers massive conversion potential. This 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 Hermano Way Subject | $890,000* List Price | 10 | 7 | 3,790 | $238 | - |
A 13627 13627 Hermano Way Active | $890,000 List Price | 0 | 0 | 3,790 | $235 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property has undergone significant recent renovations including new flooring, new bathrooms, fresh interior and exterior paint, and the installation of new mini-split HVAC units in each room. While the original structure dates to 1958, the extensive updates to the living spaces and major systems like solar and cooling make it move-in ready, although some exterior amenities like the spas still require refurbishment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22216, living area = 3790.
With 10 bedrooms and 9 currently generating $700 monthly each, this property offers immediate cash flow and is ideally configured for conversion into an Assisted Care Living Facility.
The property features comprehensive interior updates including new flooring, bathrooms, and paint, along with energy-efficient solar and new mini-split HVAC units in every room.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 10, other record bedroom count = 9.
The two on-site spas require refurbishment and the patio area is unfinished, necessitating additional immediate capital expenditure to fully functionalize the outdoor living spaces.
Originally built in 1958, the property may have underlying structural or utility limitations common to older buildings that could require attention despite recent cosmetic renovations.
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. 2 spas on site that need to be re-furbished and an existing hot mineral water well. Painted in and out. New flooring. New bathrooms. New window blinds. Existing 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 | 10.0 | 3.0 | 99% |
| Baths | 7.0 | 2.0 | 99% |
| Square foot | 3,790 | 1,672 | 99% |
| Lot Size | 22,216 | 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 | 89 | 178 | 12% |
Mar 9, 2026
$890,000
Initial Listing
May 12, 2020
$347,000
Public Record
Apr 5, 2012
$129,000
Public Record