OFF MARKET

Off Market Mar 2022 for $342K

$411,322

Est. refi paymentEst. refi

•

1,500

sq ft

66338 2nd St, Desert Hot Springs, CA 92240

About this home

Income property in the area of Desert Hot Springs . Worth taking a good look! The property comes with three units A ( 1 bedroom 1 bath) B ( 1 bedroom 1 bath ) and C (1 bedroom 1 bath 1 ) The area is a durable and solid working-class neighborhood in a stable rental market. Rental demand is thriving, as the number of units available is limited. These units are close to downtown shopping, freeways & community amenities as it is near the center of town.

Multi-familyProperty Type

1942Year Built

6,534 sq ftLot Size

$274Est. Price/Sq.Ft.

4 spacesParking

Listed by Fredy Rodriguez •DRE #01731893 • Fathom Realty Group Inc.

Listed by Mariam Rodriguez Rivera •DRE #02035930 • Fathom Realty Group Inc.

Bought with Mariam Rodriguez Rivera •DRE #02035930 • Fathom Realty Group Inc.

Redfin checked: 2 minutes ago

•Source:GPSMLS #219073242

Redfin Estimate

$411,322

$69K since sold in March 2022$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.6% higher than the average sale price ($362K) of 6 comparable homes.

SOLD DEC 23, 2025
$430,000
A
3 beds2 baths1,500 sq ft
66660 3rd, Desert Hot Springs, CA 92240
SOLD MAR 12, 2026
$350,000
B
3 beds2 baths1,520 sq ft
66135 3rd St Unit 1 & 2, Desert Hot Springs, CA 92240
SOLD MAY 21, 2026
$355,000
C
3 beds2 baths1,358 sq ft
66559 Acoma Ave, Desert Hot Springs, CA 92240
SOLD JUL 23, 2026
$355,000
D
3 beds2 baths1,276 sq ft
66725 Granada Ave, Desert Hot Springs, CA 92240
SOLD JUN 4, 2026
$330,000
E
3 beds2 baths961 sq ft
66281 Flora Ave, Desert Hot Springs, CA 92240
SOLD MAY 12, 2026
$353,000
F
4 beds2 baths1,428 sq ft
66297 6th, Desert Hot Springs, CA 92240

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Earn from this home

Sell

$134,627

Est. take-home

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Refinance

Est. cash available

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Market trends in 92240, CA

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.1%

+0.6% MoM

Median sale price

$390K

$2K MoM

Avg. days on market

77d

8 days MoM

Recently sold homes

118

3 MoM

New listings for sale

$89,900
1 bed0.5 baths565 sq ft
9643 Spyglass Ave #41, Desert Hot Springs, CA 92240
$1,300,000
5 beds5 baths2,320 sq ft
67780 Arena Blanca Rd, Desert Hot Springs, CA 92240
$225,000
3 beds2 baths1,440 sq ft
14777 Palm Dr #102, Desert Hot Springs, CA 92240
COMING SOON
$599,999
4 beds3.5 baths2,670 sq ft
9757 Oakmount Blvd, Desert Hot Springs, CA 92240
3D WALKTHROUGH
$378,000
3 beds2 baths1,747 sq ft
9711 Brookline Ave, Desert Hot Springs, CA 92240
$639,000
3 beds3.5 baths2,743 sq ft
8541 Clubhouse Blvd, Desert Hot Springs, CA 92240
$400,000
4 beds3 baths1,658 sq ft
64673 Pinehurst Cir, Desert Hot Springs, CA 92240
$208,200
2 beds2 baths1,140 sq ft
14777 Palm Dr #74, Desert Hot Springs, CA 92240
$99,999
3 beds2 baths1,060 sq ft
64550 Pierson Blvd #12, Dsrt Hot Spgs, CA 92240
$420,000
3 beds2 baths2,302 sq ft
64937 Ray Ct, Desert Hot Springs, CA 92240
See all

Sale history for 66338 2nd St

Date

Event

Price

GPSMLS #219142976

Aug 1, 2026

Listing Removed

—

Feb 9, 2026

Listed

$446,000

$297/sq ft

GPSMLS #219073242

Mar 30, 2022

Sold

$342,000

$228/sq ft

Mar 15, 2022

Pending

—

Mar 2, 2022

Price Changed

$360,000

$240/sq ft

Feb 24, 2022

Relisted

—

Feb 14, 2022

Pending

—

Jan 24, 2022

Listed

$400,000

$267/sq ft

CRMLS #IG15230622

Jan 22, 2016

Listing Removed

—

Jan 21, 2016

Sold

$125,000

$83/sq ft

Oct 29, 2015

Pending

—

Oct 22, 2015

Listed

$129,900

$87/sq ft

Recently refurbished and painted. Returns on this investment are very good: Cap Rate = 8.06%, & Cash-On-Cash = 14.2% with an upside! Definitely worth taking a good look! Photos show the exteriors and interiors of the house (unit A), unit B and C (1 bedroom apartments) . Tenants are long term and all are month to month. Rents at $1,250 (400, 450, & 400) are under market. Should be at least $550 ea. for the house and $475 for the 1 bdrm units or $1,500/mo. If raised, the Cap Rate would be 10.43 and the Cash-On-Cash return would be a whopping 23.38%! So, there is a realistic and quick upside available. Both my Cash Flow Analysis and full Set Up Sheet are available - just ask. All units are on separate electric Meters. This area is durable and a solid working class neighborhood in a very stable rental market. Rental demand is very good, as the number of units available is limited but the surrounding upper income areas (Palm Springs, 29 Palms, Rancho, etc. ) are growing at a good pace. Thus, this area enjoys low vacancy rates. A recent rent survey shows an average 1.2% vacancy rate. These units are close to downtown shopping, freeways & community amenities as it is near the center of town. House was built in 1942, duplex was built in 1961, buyer to verify.

SDMLS #301703181

Jan 21, 2016

Sold

$125,000

$83/sq ft

Oct 22, 2015

Listed

$129,900

$87/sq ft

CRMLS #IG14249970

Oct 17, 2015

Listing Removed

—

Jul 1, 2015

Price Changed

$134,900

$90/sq ft

Feb 18, 2015

Relisted

—

Feb 12, 2015

Delisted

—

Nov 28, 2014

Listed

$129,900

$87/sq ft

CRMLS #SW14106599

Dec 20, 2014

Listing Removed

—

May 22, 2014

Listed

$125,000

$83/sq ft

GPSMLS #4907497

Apr 27, 2001

Sold

$76,000

$51/sq ft

Apr 27, 2001

Sold

$76,000

$51/sq ft

Feb 1, 2001

Listed

$76,500

$51/sq ft

Public Records

Apr 23, 1987

Sold

$50,000

$33/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,110 (−28.0%)

$106,120 + $256,811

$362,931

2024

$7,102 (+5.2%)

$106,120 + $256,811

$362,931

2023

$6,752 (+151.3%)

$104,040 + $251,776

$355,816

2022

$2,687 (+1.6%)

$102,000 + $246,840

$348,840

2021

$2,644 (+3.4%)

$13,943 + $125,493

$139,436

2020

$2,557 (+1.6%)

$13,670 + $123,033

$136,703

2019

$2,518 (+2.8%)

$13,530 + $121,772

$135,302

2018

$2,450 (+3.0%)

$13,265 + $119,385

$132,650

2017

$2,378 (+38.9%)

$12,750 + $114,750

$127,500

2016

$1,712 (+47.3%)

$12,750 + $114,750

$127,500

2015

$1,162 (+1.5%)

$10,171 + $69,998

$80,169

2014

$1,145 (+51.2%)

$9,824 + $67,599

$77,423

2013

$757 (+1.0%)

$9,824 + $67,599

$77,423

2012

$750 (−30.7%)

$7,000 + $38,000

$45,000

2011

$1,082 (−1.1%)

$5,000 + $41,000

$46,000

2010

$1,094 (−0.3%)

$9,402 + $64,683

$74,085

2009

$1,097 (+6.8%)

$9,333 + $64,200

$73,533

2008

$1,026

$9,356 + $64,353

$73,709

Tax history for 66338 2nd St

Year

Property tax

Land + Additions

Assessment*

2025

$5,110 (−28.0%)

$106,120 + $256,811

$362,931

2024

$7,102 (+5.2%)

$106,120 + $256,811

$362,931

2023

$6,752 (+151.3%)

$104,040 + $251,776

$355,816

2022

$2,687 (+1.6%)

$102,000 + $246,840

$348,840

2021

$2,644 (+3.4%)

$13,943 + $125,493

$139,436

2020

$2,557 (+1.6%)

$13,670 + $123,033

$136,703

2019

$2,518 (+2.8%)

$13,530 + $121,772

$135,302

2018

$2,450 (+3.0%)

$13,265 + $119,385

$132,650

2017

$2,378 (+38.9%)

$12,750 + $114,750

$127,500

2016

$1,712 (+47.3%)

$12,750 + $114,750

$127,500

2015

$1,162 (+1.5%)

$10,171 + $69,998

$80,169

2014

$1,145 (+51.2%)

$9,824 + $67,599

$77,423

2013

$757 (+1.0%)

$9,824 + $67,599

$77,423

2012

$750 (−30.7%)

$7,000 + $38,000

$45,000

2011

$1,082 (−1.1%)

$5,000 + $41,000

$46,000

2010

$1,094 (−0.3%)

$9,402 + $64,683

$74,085

2009

$1,097 (+6.8%)

$9,333 + $64,200

$73,533

2008

$1,026

$9,356 + $64,353

$73,709

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,534 Sq. Ft.

Year renovated

1988

Sq. Ft.

600

Year built

1942

Style

Other

County

Riverside County

APN

639242035

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 7, 2026.

Property details

Parking

Parking and Garage Information
Parking Spaces/Information: Total Uncovered/Assigned Spaces: 4.00
Parking Spaces/Information: Total Parking Spaces: 4.00
Parking Spaces/Information: Total Garage Spaces: 0.00
Parking Spaces/Information: Total Covered Spaces: 0.00
Parking Spaces/Information: Total Carport Spaces: 0.00
Parking: Unassigned

Interior

Bathroom Information
Full Baths: 3

Room Information
Rooms: Other

Fireplace Information
No

Flooring
Flooring: Tile

Heating & Cooling
Heating: Other
Cooling Type: Wall/Window Unit(s)

Exterior

Building Information
Levels: Ground, One
Building # of Stories: 1
Year Built Source: Assessor

Exterior Features
Security Safety: None

Land Information
Lot Acres: 0.1500
Land Type: Fee
Land Type: Fee Simple

Lot Information
Lot Size Source: Assessor

Property Features
Sq Ft Source: Other
No
Property Attached/Detached: Detached

Utilities

Utilities Information
Sewer: In, Connected and Paid
Counts: # Water Meters: 1
Counts: # Gas Meter: 1
Counts: # Electric Meters: 3

Location

Multi-Unit General Information
Water Heater: Yes
No

Multi-Unit Income Information
Income & Expenses: Actual Total Rent $: 2385.00

Multi-Unit Property Counts
Total Units: 2
# of Buildings: 2

School Information
School District: Palm Springs Unified

Location Information
Directions: Google & Siri
Cross Streets: Palm Dr

Community Information
Unit Total in Complex: 2
Gated Community: No

Public facts

Beds: 2
Baths: 1.0
Sq. Ft.: 600
Stories: 1.0
Lot Size: 6,534 square feet
Style: Other
Year Built: 1942
Year Renovated: 1988
County: Riverside County
APN: 639242035

Home facts updated by county records on Aug 7, 2026

Other

Documents & Disclosures
Property As Is

Listing Information
Sale Type: Standard
Close Of Escrow
Cal Vet Loan, VA Loan, FHA, Conventional, Cash to New Loan, Cash to Existing Loan, Cash

Around this home

Schools
Places
Transit

Bella Vista Elementary School

Public K-5 • Assigned • 1.4mi

3/10

Painted Hills Middle School

Public 6-8 • Assigned • 1.5mi

2/10

Desert Hot Springs High School

Public 9-12 • Assigned • 0.7mi

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

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

8/10 Heat Factor

7 days above 109° 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)

101

103

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$391,000 – $474,000

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New listings for sale in 92240

$89,900

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9643 Spyglass Ave #41, Desert Hot Springs, CA 92240

$1,300,000

5 beds5 baths2,320 sq ft

67780 Arena Blanca Rd, Desert Hot Springs, CA 92240

$225,000

3 beds2 baths1,440 sq ft

14777 Palm Dr #102, Desert Hot Springs, CA 92240

COMING SOON

$599,999

4 beds3.5 baths2,670 sq ft

9757 Oakmount Blvd, Desert Hot Springs, CA 92240

3D WALKTHROUGH

$378,000

3 beds2 baths1,747 sq ft

9711 Brookline Ave, Desert Hot Springs, CA 92240

$639,000

3 beds3.5 baths2,743 sq ft

8541 Clubhouse Blvd, Desert Hot Springs, CA 92240

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4 beds3 baths1,658 sq ft

64673 Pinehurst Cir, Desert Hot Springs, CA 92240

$208,200

2 beds2 baths1,140 sq ft

14777 Palm Dr #74, Desert Hot Springs, CA 92240

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3 beds2 baths1,060 sq ft

64550 Pierson Blvd #12, Dsrt Hot Spgs, CA 92240

Home values near 66338 2nd St

Data from public records.

Address	Redfin Estimate
66290 2nd St, Desert Hot Springs, CA 1 Beds \| 1 Baths \| 868 Sq. Ft.	$228,222
66330 2nd St, Desert Hot Springs, CA 3 Beds \| 2 Baths \| 1134 Sq. Ft.	$319,462

Address	Redfin Estimate
66300 2nd St, Desert Hot Springs, CA 1 Beds \| 1 Baths \| 874 Sq. Ft.	$267,847
66348 2nd St, Desert Hot Springs, CA 4 Beds \| - Baths \| - Sq. Ft.	$333,189

Address	Redfin Estimate
66310 2nd St, Desert Hot Springs, CA 2 Beds \| 1 Baths \| 868 Sq. Ft.	$186,184
66358 2nd St, Desert Hot Springs, CA 5 Beds \| 3 Baths \| 1695 Sq. Ft.	$260,932

Property information provided by GPSMLS when last listed in 2022. This data may not match . Learn more.

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