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16655 Carol Drive — Desert Hot Springs | Belmont Brokerage | Belmont Brokerage

Active

$380,000

0 DOM

— bd— ba— sqft

Call

16655 Carol Dr Desert Hot Springs, CA 92240

7,405sqft lot

Opportunity knocks!!! Live in one and rent the other! Each unit has two bedrooms and one bathroom. Perfect for multigenerational living, or investors looking for value-add in a great area. 🔑 Don't wait on this one! A large lot, with plenty of room for RV parking, gardening, a pool, and entertaining. The upstairs unit bathroom has been totally remodeled and has new flooring and ceiling fans. Located in a nice area with a great mountain and valley views. Must see to appreciate!

MLS 219146377PS

(760) 325-1978 (Office) (626) 298-5370 (Cell) terrilcarlburg@gmail.com

Est. payment

$2,428/mo

Principal & interestTaxesInsurance

$1,921$396$111

Down %

Rate %

Years

Down payment: $76,000 · Total cost: $767,735

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$2,428/mo

Principal & interest: $1,921
Est. property tax: $396
Est. insurance: $111
Down payment: $76,000

Est. gross rent$1,583/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-845/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Apr 13, 2026	$380,000	—

Facts & Features

Structure & Property

Year Built1973

(760) 325-1978 (Office) (626) 298-5370 (Cell) terrilcarlburg@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

16655 Carol Drive, Desert Hot Springs, CA 92240

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Call

16655 Carol Dr Desert Hot Springs, CA 92240

About this home

Terri Carlburg

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Terri Carlburg

Sale & Tax History

No Recent Sales History

Location

16655 Carol Drive, Desert Hot Springs, CA 92240

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

16655 Carol Dr Desert Hot Springs, CA 92240

About this home

Terri Carlburg

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Terri Carlburg

Sale & Tax History

No Recent Sales History

Location