11900 Verbena Drive, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath
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Desert Hot Springs, California 92240
This High-Potential Development Asset is listed at $445,000, a valuation justified by its rare R4 Zoning and expansive 7,405 sqft lot. While the $339,347 Fair Market Value reflects current single-family use, the legal permission to construct up to four units provides substantial long-term appreciation potential. The residence holds a Condition Rating of 4 and features recent tiled flooring, fresh paint, and a private patio. Located near downtown shops within the Palm Springs Unified District, this property is a strategic acquisition for Buy-and-Hold Investors or Developers looking to maximize density.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11900 Verbena Drive Subject | $445,000* List Price | 3 | 2 | 1,134 | $299 | - |
A 66792 Hacienda Avenue Sold | $358,000 | 3 | 2 | 1,296 | $276 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the property is nearly 50 years old. While the description notes recent paint and tile flooring, the kitchen and bathrooms remain significantly dated with older cabinetry showing visible wear and tile countertops. It is functional and move-in ready but requires modernization of primary systems and finishes to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1134.
The property is zoned R4, offering a rare and highly valuable opportunity for investors to construct up to four units on the lot.
The home is move-in ready, featuring recent interior paint, tiled flooring throughout, and updated fencing including brand-new aluminum and brick sections.
With only 1,134 square feet for a three-bedroom configuration, the interior layout may feel restrictive for families seeking more spacious common areas.
The property lacks the mountain or desert vistas common to the area, which may limit its appeal to buyers prioritizing the aesthetic surroundings of the region.
The house is located in a tranquil residential neighborhood, perfect for a young family. Additionally, it is highly desirable as an investment property. This 3-bedroom, 2-bathroom home is in the most sought-after area of Desert Hot Springs, known for its safety and quiet atmosphere. It’s conveniently close to downtown shops, parks, and schools. The home has been recently refurbished and painted, with tiled floors throughout. The property includes a brick fence on one side, a brand-new aluminum fence in the back, and a wooden fence on the e third side. The large backyard offers ample space for a pool, spa, BBQ, and much more. This property is zoned R4, which means you are permitted to construct up to 4 units on the lot.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,134 | 1,673.5 | 6% |
| Lot Size | 7,405 | 7,841 | 47% |
| Price | $445.0K | $400.0K | 70% |
| Price per sq ft | $392 | $243 | 99% |
| Built year | 1975 | 2004 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 190 | 1% |
Apr 17, 2026
$445,000
Initial Listing
Jul 30, 2010
$65,000
Public Record
Dec 19, 2003
$132,000
Public Record
Feb 17, 2000
$60,000
Public Record
Feb 19, 1998
$24,000
Public Record
Feb 19, 1998
$20,000
Public Record