66229 8th Street, Desert Hot Springs, CA 92240 - Berkshire Hathaway HomeServices California Properties
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66229 8th Street, Desert Hot Springs, CA 92240

$950,000 Approx. USD 0 beds, 0 baths
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Listing Agent


William Melton | BIlly@vma.com
Lic#: 01342816
Broker: Courtesy of PAEZ REALTY COMPANY

Agent Remarks

Victor Martinez & Associates is pleased to present 8TH ST APARTMENTS, a 6-unit multifamily property located at 66229 8th St in Desert Hot Springs, CA. This value-add opportunity features a well-balanced unit mix consisting of (3) 1-bed/1-bath units, (2) 2-bed/1-bath units, and (1) studio, offering a strong appeal to a broad tenant base in a high-demand rental area. Situated on 0.28 acres, the property was built in 1965 and provides on-site parking and direct street frontage on 8th St. Tenants pay for their own trash service, while all other utilities—water, gas, electricity, and sewer—are paid directly by ownership. The property is located in a quiet, residential neighborhood just across from a public park, making it an ideal setting for long-term renters. 8TH ST APARTMENTS is positioned in a growing submarket of the Coachella Valley with strong rental demand and limited supply. With land available for additional improvements and future upside through potential interior or exterior enhancements, this asset presents a rare chance to acquire a well-maintained, income-producing property with long-term growth potential. Property Highlights: 6 total units: (3) 1-Bed/1-Bath, (2) 2-Bed/1-Bath, (1) Studio 0.28-acre lot with on-site parking Located across from a public park in a quiet residential area Tenants pay trash; owner pays water, gas, electric, and sewer Strong local rental market with room for growth Built in 1965 | Individual ownership | APN: 639-181-025

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# CV25101408
Price: $950,000
Beds: 0
Baths: 0
Built in 1965
1 story
0.28 acres
Lot size: 0.2800
Subdivision: DHS
County: Riverside
Zoning: R1
Lot description: SixToTenUnitsAcre
Heating description: None
MLS area: 340 - Desert Hot Springs

Last Updated: 5/21/2025

 Days On Market (DOM): 42

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This listing belongs to the 340 - Desert Hot Springs MLS area

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Lat/Long: 33.968426, -116.506045.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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