NOT LISTED FOR SALE

66760 8th St Unit A,B,C Desert Hot Springs, CA 92240

Estimated Value: $499,000 - $664,000

6 Beds
6 Baths
2,812 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $405,000 $144 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,889/month

7 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • Tile Flooring
  • Contemporary Architecture
  • Laundry Room
  • Central Air

About This Home

As of May 2021

Wonderful Triplex in Desert Hot Springs. Two bedroom, 2 baths each unit, including a back patio each unit. Excellent investment opportunity. Located in a nice neighborhood. Fresh and New Exterior paint. Please Do Not disturb tenants. Property to be sold "AS IS"

Last Agent to Sell the Property

Gloria Turner-Ruiz

T.N.G. Real Estate Consultants License #01061596 Listed on: 03/29/2021

T.N.G. Real Estate Consultants

Last Buyer's Agent

Jennifer Chen

License #00978544

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,406

Year Built

  • Built in 1987

Lot Details

  • 10,454 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 2,812 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Mountain Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 202
  • Tax Tract Number 445
  • Assessor Parcel Number 639172034

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,560
  • New Taxes Expense $4,750
  • Operating Expense $3,960
  • Gross Income $27,960
  • Net Operating Income $25,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,406

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Ad Number: PW21064723
  • Other Phone Description: 562-760-7502
  • Other Phone Number: 562-760-7502
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1560.00
  • Architectural Style: Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 639172034
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 144.03
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Lot 10000-19999 Sqft
  • Lot Size: 10454
  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 27960.00
  • Gross Scheduled Income: 27960.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 10454.0000 Square Feet
  • Net Operating Income: 25860.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Patio: 3
  • Operating Expense: 2100.00
  • Rent Control: No
  • Total Expenses: 3960.00

Tax Info

  • New Taxes Expense: 4750.00
  • Tax Census Tract: 445.18
  • Tax Lot: 202
  • Tax Tract Number: 0445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Nancy J Bickford Trust and Bickford Reginald C
Bought by
Bickford Reginald C and Aronson Ashley V
Current Estimated Value
$592,119

Purchase Details

Closed on
Sep 15, 2024
Sold by
Rothenberg Allison Brittany and Bickford Reginald C
Bought by
Cal Bick Llc

Purchase Details

Listed on
Mar 29, 2021
Closed on
May 12, 2021
Sold by
Ruiz Michelle D
Bought by
Tsui Matthew
Seller's Agent
Gloria Turner-Ruiz
T.N.G. Real Estate Consultants
Buyer's Agent
Jennifer Chen
List Price
$380,000
Sold Price
$405,000
Premium/Discount to List
$25,000
6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
Oct 20, 2014
Sold by
Feld Perez Jessica
Bought by
Ruiz Michelle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,612
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2009
Sold by
Perez Pablo
Bought by
Feld Perez Jessica

Purchase Details

Closed on
Feb 9, 2009
Sold by
Feld Bryan G and Feld Perez Jessica
Bought by
Feld Perez Jessica

Purchase Details

Closed on
Aug 15, 2000
Sold by
Redmond Richard V Trustee and Redmond Richard Vaug Trust
Bought by
Feld Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,350
Interest Rate
7.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 1997
Sold by
Hud
Bought by
Redmond Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,501
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 1996
Sold by
Cox Robert J and Cox William J
Bought by
Gmac Mtg Corp Of Pa

Purchase Details

Closed on
Aug 8, 1996
Sold by
Gmac Mtg Corp Of Pa
Bought by
Hud
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bickford Reginald C -- None Listed On Document
Cal Bick Llc -- None Listed On Document
Tsui Matthew $405,000 Ticor Title
Ruiz Michelle D $187,000 First American Title Company
Feld Perez Jessica -- None Available
Feld Perez Jessica -- None Available
Feld Steven A $91,500 Commonwealth Land Title Co
Redmond Richard $61,000 Fidelity National Title Ins
Gmac Mtg Corp Of Pa -- Continental Lawyers Title Co
Hud -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruiz Michelle D $183,612
Previous Owner Feld Steven A $82,350
Previous Owner Redmond Richard $60,501
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2021 05/24/21 Sold $405,000 +6.6% $144 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $380,000 -- $135 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,406 $570,000 $170,000 $400,000
2023 $9,406 $581,400 $173,400 $408,000
2022 $7,513 $413,100 $122,400 $290,700
2021 $4,848 $207,625 $20,760 $186,865
2020 $4,717 $205,497 $20,548 $184,949
2019 $4,659 $201,469 $20,146 $181,323
2018 $4,541 $197,519 $19,751 $177,768
2017 $4,412 $193,647 $19,364 $174,283
2016 $4,223 $189,851 $18,985 $170,866
2015 $3,161 $187,000 $18,700 $168,300
2014 $2,265 $112,457 $10,439 $102,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21064723

California Regional Multiple Listing Service (CRMLS)

APN: 639-172-034