
Desert Hot Springs, California 92240
This Value-Add Residential Asset presents a strategic entry into the Desert Hot Springs market, listed at $354,900 and positioned near its $322,115 Fair Market Value. Currently holding a Fair Condition Rating, this as-is short sale offers a clear path for forced appreciation through interior modernization and deferred maintenance resolution. The property features Scenic Mountain Views, vaulted ceilings, and a 2-car garage on a generous 7,841 sq ft lot within the Palm Springs Unified District, near Julius Corsini Elementary. This acquisition is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12950 Beech Avenue Subject | $330,000* List Price | 3 | 2 | 1,479 | $204 | - |
A 12720 Cuando Way Sold | $399,000 | 3 | 2 | 1,575 | $253 | 0.7 mi |
B 12315 Avenida Alta Loma Sold | $235,000 | 3 | 2 | 1,452 | $162 | 0.4 mi |
C 68269 Calle Calmoso Sold | $350,000 | 3 | 2 | 1,725 | $203 | 0.3 mi |
D 67760 Pequena Drive Sold | $372,000 | 3 | 2 | 1,571 | $237 | 0.8 mi |
E 13378 Inaja Street Sold | $407,000 | 3 | 2 | 1,616 | $252 | 0.6 mi |
F 13390 Avenida Hermosa Active Under Contract | $259,900 List Price | 3 | 2 | 1,318 | $197 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this 34-year-old property falls into the 'fair' category as it is sold 'as-is' and as a short sale, suggesting it likely retains original finishes with some deferred maintenance. While the open layout and vaulted ceilings are desirable, the lack of mentioned renovations and the 'as-is' condition indicate the home is aged and requires minor updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1479.
The home features 1,479 sq ft of living space with vaulted ceilings and a bright, open layout, providing a modern and airy feel that is highly desirable for families.
The property boasts beautiful mountain views, a premium feature that enhances the aesthetic appeal and overall value of the desert location.
As a short sale subject to lender approval, the transaction may involve a significantly longer and more complex closing process than a standard sale.
The property is being sold in as-is condition, which may necessitate immediate out-of-pocket investments for repairs or deferred maintenance.
Opportunity in Desert Hot Springs! This 3-bedroom, 2-bath single-story home offers 1,479 sq ft of living space, vaulted ceilings, and a bright, open layout. The home features a 2-car garage and a spacious lot with room to create your ideal outdoor space. Conveniently located near shopping, dining, and easy access to main roads.Short sale subject to lender approval. Property sold as-is.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 2.7 mi
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 | 1,479 | 1,675 | 31% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $330.0K | $400.0K | 17% |
| Price per sq ft | $223 | $244 | 30% |
| Built year | 1990 | 2004 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 188 | 1% |
Mar 27, 2026
$330,000
$354,900
-7% Price Drop
Initial Listing
Mar 7, 2026
$354,900
Initial Listing
Dec 9, 2024
$365,000
Public Record