Investor's Dream Property! A rare and lucrative income-generating opportunity awaits! This prime investment property offers stunning panoramic views of three majestic mountain ranges, all while being just minutes away from the excitement of Palm Springs. The property features a well-maintained single-family home plus a spacious detached ADU. The primary residence is a 3 bedroom, 2 bath home with the 3rd bedroom converted into a great in-law unit with private entry. The detached ADU, a grandfathered recreation room conversion, offers 1 bedroom, 1 bath, and a fully equipped kitchen, bringing in an additional $1,800/month. The main house can be potentially rented at $3000/month, offering substantial potential for ongoing revenue. Both the main house and ADU have been meticulously remodeled, with top-tier finishes including white quartz countertops, brand-new appliances, custom cabinetry, energy-efficient LED lighting, and mini-split HVAC units for ultimate comfort and efficiency. The property sits on a generous 2/3-acre lot (approximately 100 feet wide by 300 feet deep), offering abundant space for expansion or additional development. Half of the rear lot is flat and vacant. The entire property is securely fenced with a 6-foot tall, newer wood fence, ensuring privacy. Rear alley access from the southwest corner adds convenience, and a sliding metal/wood gate at both the front and rear of the lot provides easy access and security. For those with recreational vehicles, this property includes full RV hookups, with 30/50 amp electric, water, and sewer connections. Additionally, there are two storage sheds one attached, and one detached offering ample room for all your storage needs. Zoned W-2, the property allows for a range of uses. The flexibility this property offers is unmatched, making it an ideal choice for savvy investors seeking long-term returns. This is an exceptional opportunity to invest in a property with tremendous income potential and future growth possibilities. A must-see for any serious investor!
Multi-familyProperty Type
1964Year Built
0.7 acresLot Size
$413Est. Price/Sq.Ft.
8 spacesParking
Listed by Scott James Properties•DRE #1256351T• Harcourts Desert Homes
•760-567-1550 (agent)
•James@HarcourtsDesertHomes.com (agent)
Listed by James Sanak•DRE #01372754• Harcourts Desert Homes
•760-567-1550 (agent)
•James@HarcourtsDesertHomes.com (agent)
Bought with Briana Miller•DRE #01495478• a HB Realty
Ceiling Fan, Dryer, Washer, Microwave, Gas Or Electric Dryer Hookup, Hood Fan
Cable TV
Heating & Cooling
A/C, Ceiling Fan, Central Cooling
Central Heat, Forced Air Heating
Water Heater Features: Gas
Exterior
Building Information
Total Floors: 1
One Level
Faces East
Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Exterior Security Lights
Foundation - Concrete Slab
Exterior Construction: Concrete, Stucco
Exterior Features
Roof: Tar and Gravel
Patio Features: Patio Open
Property Information
Land Lease Type: Fee
Property Type: Residential Income
Property Condition: Updated/Remodeled
Land Information
Other Structures: Shed, GuestHouse
Lot Information
Lot Size (Sq. Ft.): 30,492
Lot Size (Acres): 0.63
Zoning: W-2
Property Features
Has View
View: City, City Lights, Mountains
Financial
Assessment Information
Assessed Total Value: $200,091
Assessed Land Value: $36,112
Assessed Land %: 18.05
Assessed Improvement Value: $163,979
Assessed Improvement %: 81.95
Assessor Parcel Number: 663-041-012
Tax Information
No Mello-Roos Tax
Financial Information
Listing Terms: Cash, Cash To Existing Loan, Conventional
Utilities
Utility Information
Sewer: Septic
Water: Water District
Location
Multi-Unit Income
Actual Rent Total: $3,300
Actual Annual Gross Rent: $39,600
Gross Income: 39600
Gross Operating Income: $80,400
Net Operating Income: $56,295
Multi-Unit Expenses
Total Annual Expense: $24,105
Multi-Unit Other Financial Information
Cap Rate: 9.5
Gross Rent Multiplier: 15
Scheduled Actual: Actual
Multi-Unit Information
Owner Pays: Electric, Gas, Water
Unit Type Type: 1, 2
Type Of Units: ADU
# of Buildings: 1
Has Water Heaters: True
Unit 1 Information
# of Beds: 3
# of Baths: 2.00
Projected Rent: $3,000
# of Units: 1
Unit 2 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,800
Projected Rent: $1,800
Actual Rent: $1,800
# of Units: 2
Community Information
# of Units in Complex (Total): 2
Athletic Court: None
Location Information
Directions: Head north on N Indian Canyon Drive and continue northbound. Turn Right onto Pierson Boulevard, then Turn Right onto United Road. Your destination will be on the right, just ahead.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,115
Stories: 1.0
Lot Size: 0.63 acres
Style: Single Family Residential
Year Built: 1964
Year Renovated: 1964
County: Riverside County
APN: 663041012
Home facts updated by county records on Aug 7, 2026
Other
Documents & Disclosures
Disclosures: As Is
Listing Information
Possession: Close Of Escrow
Listing Terms: Cash, Cash To Existing Loan, Conventional
Around this home
Schools
Two Bunch Palms Elementary School
Public K-5 • Assigned • 1.5mi
2/10
Painted Hills Middle School
Public 6-8 • Assigned • 1.8mi
2/10
Desert Hot Springs High School
Public 9-12 • Assigned • 0.9mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 110° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Desert Hot Springs, CA • 92240
Average low and high temperatures (°F)
68
53
75
59
81
62
80
62
88
68
98
76
103
82
103
82
93
76
89
71
75
59
74
57
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.8 hours in
June and 7.3 hours in December, placing it above the
U.S. average for solar exposure.
10.8 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$482,000 – $583,000
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