Description
Victor martinez & associates is pleased to present 8th st apartments, a 6-unit multifamily property located at 66229 8th st in desert hot springs, ca. this value-add opportunity features a well-balanced unit mix consisting of (3) 1-bed/1-bath units, (2) 2-bed/1-bath units, and (1) studio, offering a strong appeal to a broad tenant base in a high-demand rental area.
situated on 0.28 acres, the property was built in 1965 and provides on-site parking and direct street frontage on 8th st. tenants pay for their own trash service, while all other utilities—water, gas, electricity, and sewer—are paid directly by ownership. the property is located in a quiet, residential neighborhood just across from a public park, making it an ideal setting for long-term renters.
8th st apartments is positioned in a growing submarket of the coachella valley with strong rental demand and limited supply. with land available for additional improvements and future upside through potential interior or exterior enhancements, this asset presents a rare chance to acquire a well-maintained, income-producing property with long-term growth potential.
property highlights:
6 total units: (3) 1-bed/1-bath, (2) 2-bed/1-bath, (1) studio
0.28-acre lot with on-site parking
located across from a public park in a quiet residential area
tenants pay trash; owner pays water, gas, electric, and sewer
strong local rental market with room for growth
built in 1965 | individual ownership | apn: 639-181-025
Property Type
Residential IncomeCounty
RiversideStyle
Residential IncomeAD ID
49654298
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Property Details
-
Interior Features
Water/Sewer
- Sewer : None
Heating Source
- None
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1965
- Building Area Total: 3,000
Pool Features
- None
Laundry Features
- None
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.28
- Lot Size Source: Assessor
- Lot Size Square Feet: 12197
-
Listing Information
Listing Price Information
- Original List Price: 950,000
- Listing Contract Date: 2025-05-01
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 639181025
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 340 - Desert Hot Springs
- Directions: Off of 8th Street & Cactus Drive
- Zoning: R1
- Source Property Type: Residential Income
- Area: 340 - Desert Hot Springs
- Property SubType: Apartment
Building and Construction
- Property Age: 60
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 8th Street
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 05/23/2025 @ 07:01
- MLS: CV25101408
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 3,000 sqft, 12,197 sized lot, and 0 parking. are nearby neighborhoods.