67684 San Tomas Street, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 3 bath
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Desert Hot Springs, California 92240
This Dual-Living Income Property is a Strong Value Opportunity, listed at $359,000—positioned well below the $393,259 Fair Market Value by 8%. This valuation gap provides $34,259 in Instant Equity. Boasting an Excellent Condition Rating, the estate features two renovated independent homes with Granite Countertops, 2024 Roofs, and Mountain Views on an Oversized 9,583 SqFt Lot with RV parking. This turnkey asset is perfectly suited for Buy-and-Hold Investors seeking high yields or Owner-Occupants looking to offset mortgage costs through house-hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67684 San Tomas Street Subject | $349,000* List Price | 3 | 3 | 1,520 | $234 | - |
A 15 722 Via Quedo Sold | $405,000 | 3 | 2 | 1,370 | $296 | 1.0 mi |
B 16240 Avenida Rambla Sold | $385,000 | 3 | 2 | 1,540 | $250 | 0.7 mi |
C 13325 Hermano Sold | $405,000 | 4 | 2 | 1,554 | $261 | 0.9 mi |
D 15515 Bubbling Wells Sold | $405,000 | 4 | 2 | 1,721 | $235 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property qualifies as excellent due to a comprehensive renovation within the last 5 years. Key updates include new roofs installed in 2024, energy-efficient mini-split HVAC systems from 2021, and modernized kitchens and bathrooms featuring granite countertops and updated cabinetry. The home is in move-in ready condition with major systems recently replaced.
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 = 1520.
The property features two completely independent homes on a single lot, providing a turnkey opportunity for rental income, house-hacking, or multi-generational living.
Major systems have been recently addressed, including new roofs installed in 2024 and energy-efficient mini-split HVAC systems added in 2021, reducing immediate maintenance concerns.
Originally constructed in 1956, the property may still feature some aged underlying components typical of mid-century builds that were not part of the recent cosmetic renovations.
Situated in Desert Hot Springs, the property is in a submarket that historically commands lower price points and different appreciation trajectories than neighboring Palm Springs.
**2 PROPERTIES FOR THE PRICE OF 1** This updated property features two completely independent homes with private yards on a oversized lot, With room to park an RV AND put in a pool! This move in ready gem is the ultimate solution for owner occupant looking to make some income and off set their house payment OR for investors seeking a high performing, low maintenance asset. The first home has 2 large bedrooms and 2 large bathrooms. The second structure has 1 bedroom,1 bathroom a living area and kitchenette. Do not miss out on this Rare Dual-Living Opportunity! Both structures have been beautifully renovated with sleek granite countertops, modern cabinetry, fresh paint, and updated fixtures. Major systems offer peace of mind with both roofs replaced in 2024 and energy-efficient mini-splits installed in 2021. Located on a quiet street just minutes from the world-class dining and culture of Palm Springs. Start generating income and let this property work for you the day you close escrow! Come see it today!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 1,520 | 1,666 | 35% |
| Lot Size | 9,583 | 7,841 | 82% |
| Price | $349.0K | $395.0K | 24% |
| Price per sq ft | $230 | $245 | 38% |
| Built year | 1956 | 2004 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 169 | 2% |
Jun 2, 2026
$349,000
$359,000
-3% Price Drop
Initial Listing
Apr 25, 2026
$359,000
Initial Listing
Apr 24, 2026
$355,000
Initial Listing
Jul 27, 2020
$195,000
Public Record
Mar 29, 2005
$110,000
Public Record
Jan 31, 2002
$29,000
Public Record
Jun 5, 1997
$33,000
Public Record