1038 Seaview Avenue, Thermal, California 92274, Thermal, 92274 - 3 bed, 2 bath
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Thermal, California 92274
This property presents a High-Potential Investment Opportunity with a List Price of $150,000—positioned well below the $152,426 Fair Market Value by 1.6%. This valuation gap offers $2,426 in Instant Equity for buyers willing to execute a full renovation. With a Condition Rating of 6, the structure requires significant capital investment to address its unlivable state. Featuring a 9,958 sq ft lot and Panoramic Views, this is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1038 Seaview Avenue Subject | $150,000* List Price | 3 | 2 | 1,300 | $117 | - |
A 2417 Sand Glass Avenue Sold | $123,600 | 3 | 1 | 1,247 | $99 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1955 and over 69 years old with no evidence of renovation, the structure is boarded up and shows extreme exterior neglect, fitting the criteria for an unlivable property where value is primarily in the land.
Priced at $150,000, this property offers a low-cost entry point for investors or buyers seeking a high-upside renovation project in the Salton City area.
The generous 9,958 sq ft lot provides ample outdoor space and is situated in FEMA flood zone X, indicating minimal flood risk and potentially lower insurance costs.
The property features panoramic views, a premium asset that enhances the aesthetic appeal and future resale value once the home is fully restored.
Explicitly listed as a renovation project, the home will require substantial capital investment and labor to address its current condition and make it habitable.
Built in 1955, the property likely contains outdated electrical, plumbing, and structural systems that may require costly modernization to meet current building codes.
Opportunity awaits! This renovation project, single-family residence at 1038 Seaview Ave, Thermal, CA 92274 in Imperial County, sits on a 9,958 sq ft lot. The property is located in FEMA flood zone X, indicating minimal flood risk. All information deemed reliable but not guaranteed, Buyer/s are to verify & satisfy themselves with square footage, lot size, HOA, permits, inspections & other information concerning the condition or features of the land and property provided by the seller, public records, or other sources. If exact square footage is a concern, the property should be independently measured. Listing Broker/Agent does not guarantee verification or accuracy. Email offers with Pre-approval letter and proof of funds to RoysDesert@gmail.com
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,300 | 1,550 |
| Lot Size | 9,958 | 10,542 |
| Price | $150.0K | $299.3K |
| Price per sq ft | $115 | $215 |
| Built year | 1955 | 2008 |
| HOA | $0 | $175 |
| Days on market | 40 | 92 |
Jun 12, 2026
$150,000
Initial Listing