66327 7Th St Desert Hot Springs, CA 92240

$360,000 Sold Price as of 12/22/2020

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$360,000 Sold Price as of 12/22/2020 Refinance Your Mortgage

Map preview of 66327 7Th St, Desert Hot Springs, CA 92240

Property Overview: 66327 7Th St Desert Hot Springs, CA has -- bedrooms, -- bathrooms, -- living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

66327 7Th St is currently an off market home in the city of Desert Hot Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Desert Hot Springs has a median list price of $425,000. The median price per/sqft for Desert Hot Springs is $264. With those numbers in mind, if you are looking to purchase a median priced home in Desert Hot Springs, CA and put 20% down you will need to save up $85,000 for the down payment and will need roughly $8,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Desert Hot Springs the commission could be as much as $19,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 66327 7Th St

Last sold for $360,000 on December 22nd, 2020

July, 2024
Jul 8, 2024

Date

Canceled

CRMLS: 219106340DA

$750,000

Price
Feb 2, 2024

Date

Active

CRMLS: 219106340DA

$750,000

Price
Listing provided courtesy of CRMLS

Welcome to an exceptional income-producing property offering six units designed for savvy investors seeking a lucrative opportunity. This well-maintained property features a mix of five cozy studio units and one spacious 1-bedroom, 1-bath unit, catering to a diverse tenant base. The convenience of assigned parking spaces enhances the property's appeal, ensuring hassle-free accommodation for residents.Recently upgraded with a brand-new roof and a fresh coat of paint, this property stands out for its commitment to quality and longevity. The thoughtful renovations contribute to reduced maintenance costs and increased tenant satisfaction.Located in a strategic area, this investment property promises excellent rental potential and long-term profitability. Whether you're a seasoned investor or someone entering the real estate market, this property presents an attractive opportunity to maximize returns. Don't miss out on the chance to own a hassle-free, income-generating asset in prime condition.

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January, 2024
Jan 19, 2024

Date

Canceled

CRMLS: IV23043544

$775,000

Price
Mar 15, 2023

Date

Active

CRMLS: IV23043544

$800,000

Price
Listing provided courtesy of CRMLS

This six-unit property features (1) one-bedroom unit and (5) studio units. The current ownership focus has been on quality improvements of the property, the latest improvements being the roof and exterior paint. The management has implemented strict rental criteria, which in turn has created a more favorable living environment for working class people and families. The building currently operates at 100% occupancy. Desert Hot Springs is a city in Riverside County, California, United States. The city is located within the Coachella Valley geographic region, sometimes referred to as the Desert Empire. The population was 25,938 at the 2010 census, up from 16,582 at the 2000 census. One can enjoy the calm and relaxing landscape of Desert Hot Springs as well as the many healing natural hot springs for which the community is known for. But if one prefers the hustle and bustle of the city, with an abundance of shops, restaurants, services available and cultural or sportive activities, only 14 miles separate the property to the heart of Palm Springs and 23 miles to the city of Palm Desert. Outdoor and hiking enthusiasts would also enjoy the location, nestled between the Coachella Valley Preserve, only 15 min away and the Morongo Desert preserve, only 30 min away. The property is conveniently situated just blocks from the I-10 freeway, a major thoroughfare between Los Angeles County and the Inland Empire.

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February, 2023
Feb 2, 2023

Date

Expired

CRMLS: IV22118240

$850,000

Price
Jun 2, 2022

Date

Active

CRMLS: IV22118240

$1,100,000

Price
Listing provided courtesy of CRMLS

This six-unit property features (1) one-bedroom unit and (5) studio units. The current ownership focus has been on quality improvements of the property, the latest improvements being the roof and exterior paint. The management has implemented strict rental criteria, which in turn has created a more favorable living environment for working class people and families. The building currently operates at 100% occupancy. Desert Hot Springs is a city in Riverside County, California, United States. The city is located within the Coachella Valley geographic region, sometimes referred to as the Desert Empire. The population was 25,938 at the 2010 census, up from 16,582 at the 2000 census. One can enjoy the calm and relaxing landscape of Desert Hot Springs as well as the many healing natural hot springs for which the community is known for. But if one prefers the hustle and bustle of the city, with an abundance of shops, restaurants, services available and cultural or sportive activities, only 14 miles separate the property to the heart of Palm Springs and 23 miles to the city of Palm Desert. Outdoor and hiking enthusiasts would also enjoy the location, nestled between the Coachella Valley Preserve, only 15 min away and the Morongo Desert preserve, only 30 min away. The property is conveniently situated just blocks from the I-10 freeway, a major thoroughfare between Los Angeles County and the Inland Empire.

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December, 2020
Dec 22, 2020

Date

Sold (Public Records)

Public Records

$360,000

Price
August, 2004
Aug 30, 2004

Date

Sold (Public Records)

Public Records

$322,000

Price

Tax History for 66327 7Th St

Assessed Value (2020): $252,960

Year	Land Value	Improved Value	Assessed Value
2020	$63,240	$189,720	$252,960

About 66327 7Th St

Detailed summary of property

66327 7Th St is categorized with a use code of Apartment House (5+ Units) in Desert Hot Springs, CA 92240 and last sold on December 22, 2020 for $360,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,534 square foot lot. Homes in Desert Hot Springs are selling for a median price of $390,000 and a median price per square foot of $259. Based on Ardent Real Estate Group's Desert Hot Springs Market Data, this home is sold 7.69% lower than the current median priced home. 66327 7Th St was last sold on December 22, 2020 for $360,000. Local nearby listings include 1429 E Laurelwood Dr, 25546 Amanda St and 25760 Argyle Court. The average home in Desert Hot Springs, CA is selling in 122 days. There are currently 243 homes for sale in the Desert Hot Springs real estate market and 234 of them are single family homes while 9 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 66327 7Th St Desert Hot Springs, CA 92240 contact Ardent Real Estate Group and we will put you in touch with one of our Desert Hot Springs agents.

Public Facts for 66327 7Th St

Public county record property details

Beds: --
Baths: --
Year built: 1962
Sq. Ft.: --
Lot Size: 6,534
Stories: 1

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Riverside
Lot#: 35
APN: 639-202-008

The source for these homes facts are from public records.

92240 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$419,000

Median List Price/Sq.Ft.

$263

Median Sold Price

$385,000

Median Sold Price/Sq.Ft.

$253

Total Inventory

224

Median Sale to List Price %

98.97%

Avg Days on Market

Loan Type

Conventional (31.25%), FHA (15.63%), VA (12.5%), Cash (21.88%), Other (12.5%)

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(714) 706-1823

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