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66553 Estrella Avenue

Desert Hot Springs, CA 92240
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Bed --

Bed

Bath 0

Bath

SqFt6,534

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Prime Desert Hot Springs Investment Duplex - Rent increases can be made now!Maximize your portfolio with this centrally located income-generating duplex in the heart of Desert Hot Springs. Situated just half a block east of Palm Drive, this property offers an exceptional layout perfect for multi-generational living, a live-in owner, or a rental investment. Condition: Both tenants are long time occupants, and both units require some repairs and will require significant cosmetic improvements upon turnover. Property Configurations: Main House (Unit A): Spacious 2-bedroom, 2-bathroom layout (approx.1,055 sq. ft.). Features durable tile flooring throughout, cozy carpeted bedrooms, a primary suite with an attached bath, and a fully fenced large backyard. Detached Studio (Unit B): Cozy approx . 300 sq. ft. rear studio featuring cool Spanish tile, a ceiling fan, a full tub/shower combo, and a private covered patio overlooking a separate fenced yard.Strong Financials & Immediate Upside: Stable Cash Flow: Total current gross income of $1,862/month. Unit A ($1,117/mo): Occupied by a long-term, reliable tenant since 2019. Backed by government HAP assistance ($983/mo guaranteed). Currently on a month-to-month lease. Unit B ($745/mo): Occupied by a long-term tenant since 2017. Currently on a month-to-month lease. Value-Add Opportunity: Both long-term tenants are on month-to-month agreements with rents below current market rates. Utilities & Parking Logistics: Utility Split: Unit A tenant pays gas and electric; owner covers water, sewer, and trash. Owner pays utilities for Unit B. Abundant Parking: Includes a 1-car attached garage and 3 off-street spaces for the front unit. The parking for the rear studio currently accommodates 4 cars or large recreational vehicles (boats/RVs up to 30 feet). HOWEVER the access to the studio parking requires crossing the vacant lot next door. We assume that access could end at any time but there is plenty of parking out in front on the street. Unbeatable Central Location:Boasting a high walkability factor, this property is a short 4-block stroll to the Hacienda Palms Shopping Center. Tenants enjoy instant access to grocery stores, banking, retail shops, and local dining.NOTE: Some photos have been digitally altered to remove furniture and tenant property for a better visual of the layout. The original unedited photo is also included for reference.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $259,000

AD Id : 89183852

MLS Id : 219151168DA

Lot Size : 6,534 Sq. Ft

Year Built : 1965

Garage : 1

County : Riverside

Subdivision: Miami Suburban Acres

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Feature Features

  • Interior Features

    Roof: Flat
    Appliances: Disposal, GasRange, Refrigerator, WaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, ForcedAir, WallFurnace Has Cooling: Yes Cooling: CentralAir, WallWindowUnits

  • Building Information

    Year Built: 1965
    Stories: 1
    Private Pool: No

  • Lot Information

    Main Square Feet: 6534 Lot Size Acres: 0.15 Lot Size Source: Assessor Lot Size Square Feet: 6,534

    Property Information

    Subdivision: Not Applicable-1 Source Property Type: ResidentialIncome Postal Code Plus 4: 4527 Levels: One Property Age: 61

  • Listing Price Information

    Listing Price: $259000
    Original Price: $329000
    Cash, Conventional

  • Tax Information

    Parcel Number: 641142022

  • Parking Information

    Parking Total: 5 Assigned

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Location Information

    Direction: North on Palm Drive from the 10 freeway then right on Estrella
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Nearby Home Value

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73300 Paradise Avenue, Desert Hot Springs, CA, 92240 $630,000 3 3 2,117 217,800 Sq. Ft
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69530 Dillon Road, Desert Hot Springs, CA, 92240 $39,900 2 1 1,000 --
69530 Dillion Rd #A18, Desert Hot Springs, CA, 92240 $68,500 2 1 -- --
68792 Ridge Crest, Desert Hot Springs, CA, 92240 $558,000 4 2 1,601 10,019 Sq. Ft
12273 Spruce Street, Desert Hot Springs, CA, 92240 $575,000 4 4 2,748 22,651 Sq. Ft
68681 Ridge Crest Way, Desert Hot Springs, CA, 92240 $445,000 4 2 2,006 9,583 Sq. Ft
12388 Redbud Road, Desert Hot Springs, CA, 92240 $385,000 3 2 1,134 8,712 Sq. Ft
12950 Beech Avenue, Desert Hot Springs, CA, 92240 $355,000 3 2 1,479 7,841 Sq. Ft
13829 Scenic Crest Circle, Desert Hot Springs, CA, 92240 $469,000 4 3 1,876 9,520 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/27/2026 @ 10:05

MLS: 219151168DA LISTED BY: Christopher Townson, eXp Realty of California, Inc. 888-584-9427 SOURCE: CRMLS

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