$950,000

66229 8th St Desert Hot Springs, CA 92240

$10,000
Closing credit¹
0.3 acres
Condo

Property details

About 66229 8th St

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

Highlights

Home typeCondominium
StatusActive
Lot size0.28 Acres
Year built1965
MLS #CV25101408

Summary

  • Private Pool: No
  • Heating: None
  • List Price: $950,000
  • Annual Tax Amount: $8,559
  • Tax Year: 2024
  • Directions: Off of 8th Street & Cactus Drive
  • Year Built: 1965
  • Stories: 1
  • Lot Size: 0.28 Acres
  • MLS Number: CV25101408
  • MLS Name: CRMLS
  • Office Name: PAEZ REALTY COMPANY
  • Office Phone: (909) 476-3552
  • Office Email: Robert@PaezRealty.com
  • Listing Agent: William Melton

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 6:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

66229 8th St, Desert Hot Springs, CA 92240 - aerial view

$950,000

66229 8th St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 25, 2019
Home Sold
$440,000
Jan 08, 1997
Home Sold
$58,000

Tax history

YearAssessmentProperty Tax
2024$471,766$8,559
2023$462,517$8,662
2022$453,449$8,660
2021$444,558$8,531
2020$440,000$8,259
2018$82,991$3,672
2017$81,365$3,227

History based on county public records data.

Nearby schools

3

Bella Vista Elementary School

Public District KG-5

1.0 mi

65750 Avenida Jalisco

5

Cabot Yerxa Elementary School

Public District KG-5

1.1 mi

67067 Desert View Ave

3

Two Bunch Palms Elementary School

Public District KG-5

1.6 mi

14250 West Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,278. The majority of Desert Hot Springs, CA residents have income less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

55%
<35k
39%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
22%
Single, with Kids
11%
Married, No Kids
19%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
37%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Frequently asked questions

About 66229 8th St

The listing price of 66229 8th St property is $950,000.

The property 66229 8th St is a condo located in Desert Hot Springs, California, 92240.

Active Listing: 66229 8th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 66229 8th St are: Bella Vista Elementary School (GreatSchools Rating 3/10), Cabot Yerxa Elementary School (GreatSchools Rating 5/10), Two Bunch Palms Elementary School (GreatSchools Rating 3/10), Painted Hills Middle School (GreatSchools Rating 3/10), Desert Springs Middle School (GreatSchools Rating 2/10), Raymond Cree Middle School (GreatSchools Rating 4/10), Desert Hot Springs High School (GreatSchools Rating 3/10), Mt. San Jacinto High School (GreatSchools Rating 3/10), Palm Springs High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $8,559 (source: MLS/based on county public records data).

The last sale was on July 25, 2019 for $440,000 (source: MLS/tax record).

The property at 66229 8th St has 0 bathroom.

The year of construction for 66229 8th St is 1965.

This home is located at 66229 8th St in Desert Hot Springs, CA and zip code 92240. Features: 0 bathroom. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $950,000.

In April 2025 more than 3 listings in Desert Hot Springs, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 10 were sold below. The inventory of homes for sale in Desert Hot Springs, CA between March and April 2025 increased by 10.4%. Listings spent 71 days on the market in April 2025, and had a median list price of $390,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources