66425 Cahuilla Ave, Desert Hot Springs, CA 92240
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66425 Cahuilla Ave Desert Hot Springs, CA 92240

$359,000
  • 2 Beds
  • 2 Baths
  • 1,022 Sq.Ft.
For Sale
$359,000 Get Pre-Qualified

Map preview of 66425 Cahuilla Ave, Desert Hot Springs, CA 92240

Property Overview: 66425 Cahuilla Ave Desert Hot Springs, CA has 2 bedrooms, 2 bathrooms, 1,022 living square feet and 6,534 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: BACK ON THE MARKET Buyer did not proform WOW price REDUCTION Seller says SELL it. ONE of the lowest priced Duplex in Riverside.Great Investment opportunity! R3 Zoning! Both units rent out both for great CASHFLOW. Units have been upgraded . In the heart of downtown desert hot springs. Great opportunity to own in an up and coming city in riverside county. Please write offers subject to inspection. Drive by only, Please do not disturb tenants!

Listed by Victor Ambriz Jr | BRE #00952349 | Keller Williams SELA
Last checked: 10 minutes ago | Last updated: June 1st, 2024 | Source CRMLS | DOM: 62
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Home details

Lot Sq. Ft
6,534
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Duplex
Status
Active
MLS#
DW24050838
City
Desert Hot Springs
County
Riverside
Time on Site
96 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,678
  • Total Rent: $1,678
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $20,136
  • Net Operating Income: $11,136
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,000
  • Electric: $250
  • Gas/Fuel: $100
  • Trash: $100
  • Insurance: $150
  • Water/Sewer: $150

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Property Details for 66425 Cahuilla Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Garden, Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 641052018
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Desert View Estates II (34005)
  • Directions: Latitude 3309584 Longitude -116.50
Neighborhood Information
  • Community Features: Biking, Curbs, Golf, Hiking, Gutters, Sidewalks, Storm Drains, Street Lights, Valley
View more facts & features

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Sale History for 66425 Cahuilla Ave

Last sold for $150,000 on June 16th, 2023
  • March, 2024

  • Mar 13, 2024

    Date

    Active

    CRMLS: DW24050838

    $395,000

    Price

  • February, 2024

  • Feb 1, 2024

    Date

    Expired

    CRMLS: OC23230175

    $399,000

    Price

  • Dec 26, 2023

    Date

    Active

    CRMLS: OC23230175

    $399,000

    Price

  • Listing provided courtesy of CRMLS

    Great Investment opportunity! R3 Zoning! Rent out both for great cashflow or live in one unit and rent out the other! Units have been upgraded with luxury material. (Please see photos). In the heart of down town desert hot springs. Great opportunity to own in a up and coming city in riverside county. Please contact Mike with any additions questions.

  • June, 2023

  • Jun 16, 2023

    Date

    Sold

    CRMLS: 219091762DA

    $150,000

    Price

  • Mar 6, 2023

    Date

    Active

    CRMLS: 219091762DA

    $200,000

    Price

  • Listing provided courtesy of CRMLS

    Investors special! This is a two unit duplex (1 bed 1 bath). The property needs a lot of TLC.Bring all offers! Escrow is open. Seller is taking back up offer for now. Tenants are now out. . Please be cautious when viewing. Text agent for combo.

  • April, 2003

  • Apr 28, 2003

    Date

    Sold (Public Records)

    Public Records

    $86,000

    Price

  • October, 2002

  • Oct 31, 2002

    Date

    Sold (Public Records)

    Public Records

    $74,500

    Price

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Tax History for 66425 Cahuilla Ave

Assessed Value (2020): $113,869
Year Land Value Improved Value Assessed Value
2020 $27,799 $86,070 $113,869

Home Value Compared to the Market

This property vs the competition

66425 Cahuilla Ave is listed 20.2% lower than the median list price for the city of Desert Hot Springs which has a median list price of $449,900. The median price per/sqft for Desert Hot Springs is $271 and this home is listed at $351.27 per/sqft which puts the price per square foot 29.62% higher than the median price per square foot for the city of Desert Hot Springs.

About 66425 Cahuilla Ave

Detailed summary of property

66425 Cahuilla Ave is a duplex located in Desert Hot Springs, CA 92240 and is currently for sale. This duplex offers 2 bedrooms, 2 bathrooms, roughly 1,022 living square feet, and sits on an approximately 6,534 square foot lot. 66425 Cahuilla Ave was first listed on ArdentRealEstateGroup.com on March 13, 2024. The homeowner is currently asking $359,000 and was originally asking $395,000. The median priced home in Desert Hot Springs is $449,900 with a median price per square foot of $271. Based on Ardent Real Estate Group's Desert Hot Springs Market Data, this home is listed 20.2% lower than the median priced home. While the average home in Desert Hot Springs, CA is selling in 111 days, 66425 Cahuilla Ave has a days on market of 62 days. There are currently 249 homes for sale in the Desert Hot Springs real estate market and 236 of them are single family homes while 12 of them are condos and 1 are townhomes. For more information on this home for sale at 66425 Cahuilla Ave 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 66425 Cahuilla Ave

Public county record property details
Beds
4
Baths
7
Year built
1950
Sq. Ft.
513
Lot Size
6,534
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
45
APN
641-052-018

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
$439,000
Median List Price/Sq.Ft.
$268
Median Sold Price
$390,000
Median Sold Price/Sq.Ft.
$263
Total Inventory
218
Median Sale to List Price %
97.5%
Avg Days on Market
45
Loan Type
Conventional (14.29%), FHA (38.78%), VA (6.12%), Cash (24.49%), Other (8.16%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.