66660 3rd Street, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath

66660 3rd Street, Desert Hot Springs, California 92240 home-pic-0
ACTIVE$459,777
66660 3rd Street, Desert Hot Springs, California 92240
3Beds
2Baths
1,500Sqft
6,534Lot
Year Built
1966
Close
-
List price
$460K
Original List price
$475K
Price/Sqft
$307
HOA
-
Days on market
-
Sold On
-
MLS number
IG25184079
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

We found 3 Cons,5 Pros.

OPEN HOUSE THIS SAT & SUNDAY OCT 25-26! 11AM-1PM Generate income by owning this duplex! Have you been dreaming of purchasing your first property and having it pay you back every month? You can own this fully remodeled duplex, live in one unit, and let the other generate income to offset your mortgage. Each unit has been thoughtfully updated with brand new windows throughout, new electrical boxes and breakers in every unit, new sliding glass doors, fully renovated kitchens and bathrooms, new flooring in every room, new garage door, and brand-new HVAC systems, ensuring peace of mind for years to come. The property sits on a spacious lot with desert landscaping and mountain views, providing a serene setting just minutes from local shops, schools, and hiking trails. Ideal for house hacking or generating rental income live in one unit and rent out the other. FHA and first-time buyer friendly, this turnkey property is ready to move in and start producing income from day one.

Price History

Date
Event
Price
09/03/25
Price Change
$459,777-3.2%
08/14/25
Listing
$474,777
Condition Rating
Excellent

Despite being built in 1966, the MLS description explicitly states the property has been 'fully remodeled' and 'thoughtfully updated' with 'brand new windows throughout, new electrical boxes and breakers, new sliding glass doors, fully renovated kitchens and bathrooms, new flooring in every room, new garage door, and brand-new HVAC systems.' The images corroborate this, showcasing modern white shaker cabinets, stainless steel appliances, light wood-look flooring, contemporary bathroom vanities, and clean, updated finishes throughout. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for an extensively renovated property.
Pros & Cons

Pros

Income Generation Potential: This duplex offers a significant opportunity for income generation, allowing an owner to live in one unit and rent out the other to offset mortgage costs, making it ideal for house hacking or investment.
Extensive & Recent Remodel: The property has undergone a comprehensive remodel, including brand new windows, electrical boxes/breakers, sliding glass doors, fully renovated kitchens and bathrooms, new flooring, and a new garage door.
Brand-New HVAC Systems: Each unit is equipped with brand-new HVAC systems, providing peace of mind regarding climate control and reducing immediate maintenance concerns for a major system.
Turnkey & Buyer-Friendly: Described as a 'turnkey' property, it's ready for immediate move-in and income production. It's also explicitly stated as FHA and first-time buyer friendly, broadening its appeal.
Mountain Views & Spacious Lot: The property sits on a spacious lot with desert landscaping and offers desirable mountain views, contributing to a serene living environment.

Cons

Age of Original Structure: Despite extensive remodels, the core structure dates back to 1966, which may imply potential for unforeseen issues with older infrastructure not covered by the recent updates.
Location Specificity (Desert Hot Springs): While offering mountain views, the Desert Hot Springs location may not appeal to all buyers seeking a more vibrant or amenity-rich environment compared to other Coachella Valley cities.
Recent Price Reduction: The property has recently undergone a price reduction from its original list price, which could suggest initial overpricing or a slower-than-anticipated market response.

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