66348 3rd Street, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - bed, bath
ACTIVE$536,000
66348 3rd Street, Desert Hot Springs, California 92240
0Bed
0Bath
2Sqft
6,534Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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.
Top Cons:
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.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1942 (83 years old).
Condition: 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 The fireplace in one unit is also stylistically outdated.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.
Year Built
1942
Close
-
List price
$536K
Original List price
$536K
Price/Sqft
$268,000
HOA
-
Days on market
-
Sold On
-
MLS number
PF25175690
Home ConditionFair
Features
View-
About this home
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.
Condition Rating
Fair
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.
Pros & Cons
Pros
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.
Convenient Location: Located in a quiet neighborhood with close proximity to schools, shopping centers, city hall, and restaurants, enhancing its appeal to potential tenants and residents.
First-Time Buyer Opportunity: Explicitly marketed as a 'fantastic opportunity for first-time home buyers,' suggesting potential for favorable financing options or a unique entry into multi-unit ownership.
Cons
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.