66348 3rd Street, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - bed, bath

66348 3rd Street, Desert Hot Springs, California 92240 home-pic-0

66348 3rd Street

Desert Hot Springs, California 92240

ACTIVE
CONDITION: FAIR
0Beds
0Baths
2Sq Ft
6,534Lot Size

Property Price

LIST PRICE$536,000

SUMMARY

Analysis of 66348 3rd Street, Desert Hot Springs, California 92240 is currently available with a list price of $536,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Desert Hot Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1942, this property has undergone recent cosmetic updates including fresh paint, new laminate flooring, and new basic kitchen cabinets and bathroom fixtures. While the description states 'granite counters' and 'all units have been remodeled,' the images reveal budget-friendly finishes (e.g., countertops that appear to be low-grade laminate/granite, no new kitchen appliances, an unfinished window frame in the kitchen, and very basic light fixtures). The fireplace in one unit is also stylistically outdated. Although mini-splits will be installed for modern cooling/heating, the overall quality and completeness of the renovation are not 'extensive' enough to warrant a 'Good' rating. It's move-in ready but shows signs of its age and the updates are basic, suggesting minor additional updates or repairs would be beneficial for a truly modern feel.

PROSSTRENGTHS & OPPORTUNITIES

  • Income Potential

    As a triplex (Residential Income property), it offers significant rental income opportunities, making it attractive for investors or owner-occupants seeking to offset mortgage costs.

  • Extensive Recent Remodel

    All units have been recently remodeled with fresh paint, new bathrooms, new kitchen cabinets with granite counters, and new laminate flooring, reducing immediate renovation expenses for a buyer.

  • New Cooling Systems

    The commitment to install 'Mini Splits' in each unit before escrow closes provides modern and efficient climate control, a crucial amenity in Desert Hot Springs.

CONSRISKS & DEFICIENCIES

  • Inaccurate Square Footage Data

    The listed square footage of '2' is clearly erroneous and requires immediate clarification, creating uncertainty and a significant data gap for potential buyers.

  • Property Age

    Built in 1942, despite recent remodels, the underlying structure's age may imply potential for older infrastructure issues (e.g., plumbing, electrical, foundation) not addressed by cosmetic updates.

  • Listing Data Discrepancies

    The 'on_market_date' and 'modified_timestamp' are listed in the future, indicating a data entry error that could cause confusion or raise questions about the listing's accuracy.

About 66348 3rd Street

Welcome to this fantastic opportunity for first-time home buyers, a beautiful Triplex in Desert Hot Springs, located in quiet neighborhood close to schools, shopping center, city hall, and restaurants. Fresh paint inside and out, all units have been remodeled. New bathrooms, new kitchen cabinets with granite counters. New laminate flooring, The front house has a private patio. Duplex in the back. Yard for the children to play. All units have 1 bed, 1 bath each. "Mini Splits" will be installed in each unit before escrow closes.

Property Details

Public Facts

Property Type
Triplex
Year Built
1942
Lot Size
6,534 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot22,260
25%
Lot Size6,5347,623
50%
Price$536.0K$523.0K
50%
Price per sq ft$268.0K$233
75%
Built year19421965
25%
HOA$0$0
50%
Days on market214168
75%

Pricing History

Listed for Sale

Aug 5, 2025

$536,000

Initial Listing

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