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

66348 3rd Street
Desert Hot Springs, California 92240
Property Price
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
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 The fireplace in one unit is also stylistically outdated.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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2 | 2,260 | 25% |
| Lot Size | 6,534 | 7,623 | 50% |
| Price | $536.0K | $523.0K | 50% |
| Price per sq ft | $268.0K | $233 | 75% |
| Built year | 1942 | 1965 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 214 | 168 | 75% |
Pricing History
Listed for Sale
Aug 5, 2025
$536,000
Initial Listing























