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66949 Terrace Way, Desert Hot Springs, CA 92240

$590K5bd · 4ba · 2,741 sqft
Lot 14,810 sqft•Residential Income•
Active
•53d on market•MLS# 219152564

Property Description

Fully occupied income producing 4-plex offering an excellent multifamily investment opportunity in Desert Hot Springs! 66949 Terrace Way features four individual units with a total of 5 bedrooms and 4 bathrooms, providing an established income-producing property for an investor looking to expand their rental portfolio. With all four units currently occupied, this property offers immediate rental income and the opportunity to acquire an existing multifamily asset in the growing Coachella Valley. Conveniently located near shopping, dining, schools, and everyday services, with easy access to Palm Springs and surrounding desert communities. Don't miss this opportunity to add a fully occupied four-unit property to your investment portfolio. Buyer to verify all property information, including square footage, unit configuration, rents, expenses, permits, and intended uses.

Features & Amenities

Not ApplicableFeeBuilt 1965

Property Details

Subdivision
Not Applicable
Land Type
Fee
Year Built
1965
Property Type
Residential Income
Parking Spaces
0
Garage Spaces
0
Heating
Other
Cooling
Wall/Window Unit(s)
Flooring
Tile
City
Desert Hot Springs
Zip Code
92240
County
Riverside
Listed byEquity Union, Kristopher J Maddock·760-485-8922

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,983.36
Principal & Interest
Loan Amount
$472,000
Total Interest
$602,010
Total Payment Over 30 Years
$1,074,010
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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