66949 Terrace Way, Desert Hot Springs, CA 92240

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Beds

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Baths

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Sq ft

About this home

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.

Type

Residential

Year built

1965

Lot

14,810 sq ft

Garage

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HOA

None

Pool

View

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Solar

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Estimated payment

$3,721/mo

Principal & interest$2,983
Property tax (est.)$565
Home insurance (est.)$172

Down payment: 20% ($118,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Kristopher Maddock, Equity Union. MLS# 219152564DA. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 11:43 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.