66755 1st Street, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath

66755 1st Street, Desert Hot Springs, California 92240 home-pic-0

66755 1st Street

Desert Hot Springs, California 92240

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,576Sq Ft
9,583Lot Size

Property Price

LIST PRICE$375,900
EST. MARKET VALUE
$390,199
3% BelowMARKET VALUE

SUMMARY

Analysis of 66755 1st Street, Desert Hot Springs, California 92240 reveals a Prime Investment Opportunity with a current list price of $375,900—significantly undercutting the $390,199 Fair Market Value by 3%. This valuation gap indicates a +$14,299 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.

Estimated Market Value

$390,199 +$14,299 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Desert Hot Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
66755 1st Street
Subject
$375,900*
List Price
321,576$248-
A
11730 Ambrosio
Sold
$346,000321,454$2380.3 mi
B
12105 Verbena Drive
Sold
$349,000221,285$2720.2 mi
C
11844 Verbena
Sold
$350,000421,718$2040.3 mi
D
10421 Verbena Drive
Active
$379,000
List Price
321,543$2460.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property was extensively renovated just two years ago, as stated in the description, and the images confirm a modern, high-quality finish throughout. The kitchen features sleek quartz countertops, updated stainless steel appliances, and modern two-tone cabinetry. Both bathrooms are fully upgraded with new vanities, fixtures, and tiling, including a walk-in shower in the primary suite. Major systems like the electrical panel, water heater, and A/C condenser are newer, and the entire home boasts new tile flooring, LED lighting, and fresh paint. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1576.

  • Extensive Recent Renovation

    The home was thoughtfully renovated just two years ago, showcasing stylish, modern upgrades throughout, making it feel like a much newer property.

  • Significant System Upgrades

    Major system components such as the electrical panel, water heater, and A/C condenser are newer, providing peace of mind and reducing immediate maintenance concerns.

CONSRISKS & DEFICIENCIES

  • Age of Original Structure

    Despite extensive renovations, the core structure dates back to 1972, which may raise concerns for some buyers regarding potential unseen issues or older infrastructure not explicitly mentioned as upgraded.

  • Desert Climate Considerations

    Located in Desert Hot Springs, the property is subject to extreme desert temperatures, which might be a drawback for buyers sensitive to heat, despite the newer A/C condenser.

  • Lack of Community Amenities

    The property is 'Not in a Development,' meaning it lacks access to shared community amenities such as pools, clubhouses, or maintained common areas that some buyers might seek.

About 66755 1st Street

What a perfect time to buy in 2026! This beautifully updated 3-bedroom, 2-bath home was thoughtfully renovated just two years ago and showcases stylish, modern upgrades throughout. The open and inviting interior features tile flooring throughout, creating a clean and cohesive look. The updated kitchen truly shines with sleek quartz countertops, updated appliances, LED lighting, and modern two-tone paint perfect for both everyday living and entertaining. The primary suite offers a spa-like retreat, featuring fully upgraded dual vanities, dual mirrors, fresh paint, LED lighting, a Bluetooth exhaust fan, and a beautifully tiled walk-in shower. The guest bathroom is equally impressive with a tastefully finished shower/tub combo. Major system upgrades provide peace of mind, including a newer electrical panel, water heater, A/C condenser, interior doors, ceiling fans, and LED lighting throughout plus much more. Step outside or enjoy the view from the kitchen window to take in the breathtaking scenery from the newly built patio, ideal for relaxing or entertaining guests. The property also features a new front driveway, and has a sliding gate, and a fully fenced yard, offering both privacy and security. This move-in-ready home combines modern upgrades, comfort, and style an exceptional opportunity you don't want to miss.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1972
Lot Size
9,583 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

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)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,5761,675
41%
Lot Size9,5837,841
79%
Price$375.9K$404.0K
35%
Price per sq ft$239$249
42%
Built year19722004
9%
HOA$0$0
50%
Days on market50199
1%

Pricing History

Listed for Sale

Jan 16, 2026

$375,900

Initial Listing

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