
Desert Hot Springs, California 92240
This Value-Add Residential Asset presents a High-Potential Investment Opportunity with a List Price of $259,900—positioned well below the $292,346 Fair Market Value by 11%. This valuation gap offers $32,446 in Instant Equity, with a projected $350,000 After-Repair Value. Currently in a Fair Condition Rating, the property features Solar Panels and New Tile, but requires kitchen and bathroom finishes to realize its full potential. Set on a Generous 8,276 Sq Ft Lot within the Palm Springs Unified District, this is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13390 Avenida Hermosa Subject | $259,900* List Price | 3 | 2 | 1,318 | $195 | - |
A 12315 Avenida Alta Loma Sold | $235,000 | 3 | 2 | 1,452 | $162 | 0.6 mi |
B 12950 Beech Avenue Active | $330,000 List Price | 3 | 2 | 1,479 | $223 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is currently mid-renovation; while it features brand-new tile flooring, fresh paint, and updated HVAC/solar, the kitchen and bathrooms are explicitly noted as needing completion or updates. Built in 1990, the home requires these significant interior finishes to be move-in ready, fitting the criteria for fair condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1318.
The property is equipped with solar panels for significant energy savings and features essential modern upgrades including central HVAC, brand-new tile flooring, and fresh interior paint.
With an estimated after-repair value of $350,000 against a list price of $259,900, this home offers a prime opportunity for investors or buyers to build instant equity through finishing renovations.
Major interior components including the kitchen and bathrooms remain unfinished, requiring the buyer to invest additional time and capital to make the home fully functional.
The property lacks completed landscaping, fencing, and updated windows, which impacts immediate curb appeal and may require significant outdoor work to realize its full potential.
Single-story opportunity in Desert Hot Springs! This 3-bedroom, 2-bath home offers 1,318 sq ft of living space and sits on a generous lot. Built in 1990, the property features central HVAC, solar panels for energy savings, brand-new tile flooring throughout, fresh interior paint, and newer ceiling fans. The sellers have already started renovations, and the remaining updates—including kitchen, bathrooms, windows, landscaping, fencing and finishing touches—can be completed by the seller OR left for the buyer to add value and build instant equity. Estimated after-repair value of approximately $350,000. Conveniently located near shopping, dining, schools, and with easy access to Palm Springs, Joshua Tree, and major commuter routes. A great option for homeowners or investors looking for upside in a growing area. (Some pictures have been digitally enhanced to showcase the space and the sizes of the rooms).
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.4 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 | 1,318 | 1,675 | 18% |
| Lot Size | 8,276 | 7,841 | 60% |
| Price | $259.9K | $400.0K | 5% |
| Price per sq ft | $197 | $244 | 14% |
| Built year | 1990 | 2004 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 188 | 13% |
Jan 23, 2026
$259,900
Initial Listing
Nov 18, 2008
$67,000
Public Record
Apr 30, 1997
$71,000
Public Record
Jun 6, 1996
$85,000
Public Record