1341 Nile Drive, Thermal, California 92274, Thermal, 92274 - 3 bed, 2 bath
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Thermal, California 92274
This Modern Single-Story Residence is a Prime Investment Opportunity, listed at $279,999—positioned well below the $289,842 Fair Market Value by 3%. This valuation gap offers $9,843 in Instant Equity for buyers. Maintaining a Good Condition Rating, the 2006-built home features updated appliances, a private patio, and a massive 11,120 sq ft lot with unobstructed desert views and significant ADU potential for passive income. Located in the Coachella Valley Unified district with no HOA, this is an ideal acquisition for first-time buyers or Owner-Occupants seeking long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1341 Nile Drive Subject | $279,999* List Price | 3 | 2 | 1,269 | $228 | - |
A 2839 Bach Avenue Sold | $300,000 | 3 | 2 | 1,269 | $236 | 0.6 mi |
B 2776 Stardust Avenue Sold | $275,000 | 4 | 2 | 1,560 | $176 | 0.3 mi |
C 1293 China Sea Ave Sold | $290,000 | 3 | 2 | 1,144 | $253 | 0.5 mi |
D 1211 Sargo Avenue Sold | $355,000 | 5 | 3 | 1,710 | $208 | 0.8 mi |
E 1348 Persimmon Sold | $275,000 | 3 | 2 | 1,150 | $239 | 0.1 mi |
F 1303 Bering Boulevard Active | $315,000 List Price | 3 | 2 | 1,269 | $248 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age bracket for a 'good' rating and appears move-in ready. The kitchen features updated stainless steel appliances and refreshed cabinetry, while the bathrooms are clean with functional fixtures and stone-look countertops. The home features consistent tile flooring throughout and well-maintained systems, showing minimal wear and tear without the need for immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11120, living area = 1269.
The expansive 11,120 sq ft lot is a significant asset, offering ample space to construct an Accessory Dwelling Unit (ADU) for passive income or to accommodate multi-generational living.
With no HOA fees and eligibility for diverse financing options including FHA and VA loans, this property offers a low-barrier entry for first-time homebuyers and budget-conscious investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11120, other record lot size in square feet = 11065. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Located in the Salton Sea area of Thermal, the property is situated in a more isolated region with limited immediate access to major metropolitan amenities, shopping, and employment hubs.
At 1,269 square feet for a three-bedroom layout, the interior living spaces and bedrooms may feel somewhat confined compared to the vastness of the exterior lot.
Welcome to a fantastic opportunity you don't want to miss! This charming single-story home offers 3 spacious bedrooms and 2 full bathrooms, perfectly designed for comfortable living. Built in 2006, the home features approximately 1,269 sq ft of living space on a generously sized 11,120 sq ft lot, giving you plenty of room to enjoy both indoors and out.Step inside to find a functional and inviting layout with central air conditioning and heating for year-round comfort. The home also includes an attached 2-car garage and ample additional parking--ideal for families, guests, or extra vehicles.The fully fenced lot provides added privacy and versatility, making it perfect for entertaining, pets, or creating your ideal outdoor space. With its large lot size, this property offers excellent potential to build an ADU (Accessory Dwelling Unit)--an incredible opportunity to generate passive income, increase property value, or accommodate extended family living.With no HOA and flexible financing options including FHA, VA, Conventional, and Cash, this home is an excellent opportunity for both first-time buyers and savvy investors. Don't miss your chance to own a property with both comfort and income potential--schedule your showing today!
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 | 1,269 | 1,318 | 41% |
| Lot Size | 11,120 | 10,309 | 71% |
| Price | $280.0K | $302.5K | 38% |
| Price per sq ft | $221 | $202 | 65% |
| Built year | 2006 | 2005 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 171 | 3% |
Apr 15, 2026
$279,999
Initial Listing
Dec 4, 2009
$38,000
Public Record
Mar 8, 2006
$200,000
Public Record
Jun 10, 2005
$32,000
Public Record
Oct 15, 2004
$2,000
Public Record