92240 Homes with Mixed Use Subtype

Welcome to Desert Hot Springs, California, a hidden gem nestled in Riverside County, where the sun shines brightly and the desert landscape offers breathtaking views. The zip code 92240 encompasses a vibrant community known for its natural hot springs, wellness resorts, and a laid-back lifestyle that attracts both residents and visitors alike.

In 92240, you’ll find an array of homes that cater to diverse lifestyles, including properties with a mixed-use subtype. These unique homes provide a fantastic opportunity for those looking to blend residential living with business potential. Imagine living in a charming home while running your own boutique, café, or wellness studio right on your property! The mixed-use zoning allows for creativity and flexibility, making it perfect for entrepreneurs and artists seeking a space that inspires and nurtures their passions.

Desert Hot Springs is not just about stunning views and warm weather; it’s a community that thrives on creativity and innovation. With its proximity to Palm Springs, residents enjoy easy access to world-class dining, shopping, and entertainment while still relishing the tranquility of desert life. The area is also rich in outdoor activities, from hiking in the nearby mountains to soaking in the therapeutic hot springs that the region is famous for.

Whether you’re a first-time homebuyer or an investor looking to capitalize on the growing demand for mixed-use properties, Desert Hot Springs in zip code 92240 offers an inviting and dynamic environment to call home. Embrace the opportunity to live, work, and thrive in this remarkable desert oasis!

Newest 92240 Homes with Mixed Use Subtype

$1,760,000

260014493SD MLS ⋅ Active Status

One bedroom one bathroom units comes with a big living room, good size kitchen, separate bathroom and roomy bedroom and private yards. Ample off street parking with three covered spaces. Easily rented although currently 100% occupied.

13700 Quinta Way, Desert Hot Springs

$1,100,000

260014492SD MLS ⋅ Active Status

One bedroom one bathroom units comes with a big living room, good size kitchen, separate bathroom and roomy bedroom. Located close to downtown these units are within walking distance of stores and entertainment. Ample off street parking. Easily rented although currently 100% occupied. Value add opportunity.

66351 1st Street, Desert Hot Springs

$890,000

260011149SD MLS ⋅ Active Status

11.0% Cap Rate | 7 Units | Fully Remodeled 2023 | Seller Motivated — Priced to Sell Don't let this one sit on your screen. This 7-unit income property in Desert Hot Springs delivers an 11.0% cap rate at the asking price of $890,000 — and it's already performing. Gross annual rents at full occupancy exceed $122,000, with a net operating income of $98,244 based on current actuals. Unit mix: 4 studios, 1 one-bedroom/one-bath, 2 two-bedroom/one-bath units, plus 1 fully detached unit. Entire property was fully remodeled in 2024 — new everything. Low deferred maintenance, gated private lot on 0.34 acres, driveway parking. Wall furnace heat, wall/window A/C, tile flooring throughout. Priced $41,000 below the Zillow Zestimate of $931,100. At $127,143 per door, this is well below replacement cost for new construction. Cash or 1031 exchange only — ideal as a replacement property for sellers coming out of a larger asset. Seller is motivated and wants a clean, fast close. Bring your buyers. The numbers speak for themselves. Contact Joe Corbisiero | Compass | DRE #01886351 | (760) 201-9252

11771 upland way, Desert Hot Springs

$685,000

26661433 MLS ⋅ Active Status

Verbena, Desert Hot Springs

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.