10615 Ambrosio, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 4 bed, 2 bath
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Desert Hot Springs, California 92240
This Mid-Century Modern Asset is a significant Value-Add Opportunity listed at $389,000, which currently sits above the $264,204 Fair Market Value. With a Condition Rating of 5, this 1961 "cosmetic fixer" requires substantial rehabilitation but offers a spacious 2,190-square-foot floor plan and Spectacular Mountain Vistas. Situated within the Palm Springs Unified School District, the property’s architectural appeal and location provide strong potential for forced appreciation. This acquisition is ideal for Fix-and-Flip Investors or Contractors ready to execute a high-end desert renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10615 Ambrosio Subject | $389,000* List Price | 4 | 2 | 2,190 | $121 | - |
A 67285 Pierson Boulevard Unit A & B Sold | $395,000 | 4 | 4 | 1,992 | $198 | 0.8 mi |
B 9375 Santa Cruz Road Sold | $379,000 | 3 | 2 | 1,732 | $219 | 0.9 mi |
C 66846 Desert View Avenue Sold | $280,000 | 3 | 2 | 1,402 | $200 | 1.0 mi |
D 66822 Cahuilla Avenue Active | $300,000 List Price | 3 | 2 | 1,386 | $216 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1961 mid-century property is a 'cosmetic fixer' being sold in 'as-is' condition. The kitchen and bathrooms are severely outdated, featuring original or decades-old cabinetry, laminate countertops, and old-fashioned appliances. The interior shows significant wear with aged wood paneling, popcorn ceilings, and dated flooring, requiring substantial rehabilitation and likely updates to major infrastructure systems to meet modern standards.
Built in 1961, this property features highly desirable mid-century modern architecture, offering significant aesthetic value and strong market demand in the Coachella Valley.
Perched high above the city, the home captures sweeping, unobstructed views of the desert landscape and surrounding mountains, providing a premium backdrop that enhances property value.
With an expansive 2,190-square-foot floor plan and 'cosmetic fixer' status, this property offers a prime opportunity for a high-yield renovation or conversion into a lucrative short-term rental.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is being sold in as-is condition, requiring immediate capital investment and renovation work to address its current 'fixer' state before it can be occupied or rented.
Due to its 1961 construction, the home may require significant updates to major systems such as electrical, plumbing, and HVAC to meet modern building codes and efficiency standards.
INCREDIBLE OPPORTUNITY to Fix & Flip, Renovate, or Create Your Dream Desert Retreat in this MID-CENTURY MODERN GEM with SPECTACULAR VIEWS! Perched HIGH ABOVE the City of Desert Hot Springs, this property captures sweeping desert and mountain vistas! With a little polishing, this home will shine like a Diamond in the Desert. The EXPANSIVE FLOOR PLAN offers endless possibilities to design the ultimate personal retreat, investment property, or HIGH-DEMAND SHORT-TERM RENTAL. This is a COSMETIC FIXER with tremendous upside and is being sold AS-IS, making it the perfect project for Investors, Contractors, and Visionary Buyers ready to unlock its full potential. Opportunities like this don’t come around often. Bring your imagination, add your finishing touches!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 72% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,190 | 1,687 | 88% |
| Lot Size | 6,970 | 7,841 | 22% |
| Price | $389.0K | $400.0K | 40% |
| Price per sq ft | $178 | $244 | 7% |
| Built year | 1961 | 2004 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 188 | 1% |
Mar 4, 2026
$389,000
Initial Listing
Jun 23, 2021
$295,000
Public Record