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13547 Caliente Drive, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath

13547 Caliente Drive, Desert Hot Springs, California 92240 home-pic-0
ACTIVE$360,000$1,288/sqft
Est. Value: $353,980
-1%
FairlyEstimate
13547 Caliente Drive, Desert Hot Springs, California 92240
3Beds
2Baths
1,288Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($353,980.295) is $6,019.705 (1%) lower than the list price ($360,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strong Investment & Rental Potential: The property is well-priced and explicitly identified as ideal for first-time buyers and investors, offering strong rental potential in a growing market like Desert Hot Springs.
Top Cons:
Age of Core Systems: Built in 1984, the property is 40 years old, suggesting that core systems such as HVAC, plumbing, electrical, or roofing may be original or nearing end-of-life, potentially requiring future maintenance or replacement costs.

Compared to the nearby listings

Price:$360.0K vs avg $405.0K ($-45,000)24%
Size:1,288 sqft vs avg 1,635 sqft18%
Price/sqft:$280 vs avg $25171%

More Insights

Built in 1984 (42 years old).
Condition: The property, built in 1984, is 40 years old. While the kitchen benefits from recently installed quartz countertops and a modern backsplash, the white appliances, particularly the older-style range, and dated ceiling fans in other rooms indicate a partial update rather than a full renovation. The flooring is functional tile and laminate, but not high-end. The bathrooms are not shown but are likely dated given the property's age and the lack of mention of their renovation. The overall condition suggests a well-maintained older home with some cosmetic improvements, fitting the 'Fair' category which describes properties aged but maintained, with functional major components that show signs of being outdated, and requiring minor updates or repairs.
Year Built
1984
Close
-
List price
$360K
Original List price
$360K
Price/Sqft
$280
HOA
-
Days on market
-
Sold On
-
MLS number
219140430DA
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome home to comfort, value, and opportunity. This well priced 3 bedroom, 2 bath residence is ideal for first time buyers and investors alike, offering strong rental potential in a centrally located Desert Hot Springs neighborhood. The spacious living room and generously sized bedrooms provide a functional layout that appeals to both long-term tenants and owner-occupants. The kitchen features recently installed quartz countertops and a modern backsplash, delivering durability and style key upgrades that help attract quality renters and reduce future maintenance costs. Leased solar panels are already in place and easily transferable, helping keep utility expenses lower, a major advantage in the desert climate and a strong selling point for tenants. Set on a sizable lot, the expansive backyard offers flexibility for outdoor living, tenant enjoyment, or potential value add improvements. The home is within walking distance to grocery stores, restaurants, and daily conveniences, increasing walkability and rental demand. Located just minutes from downtown Desert Hot Springs, renowned hot mineral spas, and with easy access to Palm Drive and Highway 62, this property is well positioned for commuters to Palm Springs and the greater Coachella Valley. With growing interest in Desert Hot Springs for both affordability and lifestyle, this home presents a smart opportunity for long-term rental income, seasonal use, or future appreciation all while remaining an inviting place to call home.

C
Christian Matadama
Listing Agent

Price History

Date
Event
Price
12/03/97
Sold
$61,000
12/19/94
Sold
$42,000
07/01/19
Sold
$185,000
Condition Rating
Fair
The property, built in 1984, is 40 years old. While the kitchen benefits from recently installed quartz countertops and a modern backsplash, the white appliances, particularly the older-style range, and dated ceiling fans in other rooms indicate a partial update rather than a full renovation. The flooring is functional tile and laminate, but not high-end. The bathrooms are not shown but are likely dated given the property's age and the lack of mention of their renovation. The overall condition suggests a well-maintained older home with some cosmetic improvements, fitting the 'Fair' category which describes properties aged but maintained, with functional major components that show signs of being outdated, and requiring minor updates or repairs.
Pros & Cons

Pros

Strong Investment & Rental Potential: The property is well-priced and explicitly identified as ideal for first-time buyers and investors, offering strong rental potential in a growing market like Desert Hot Springs.
Cost-Saving Leased Solar Panels: Leased solar panels are in place and transferable, significantly reducing utility expenses, which is a major advantage and selling point in the desert climate.
Updated Kitchen: The kitchen features recently installed quartz countertops and a modern backsplash, providing durability and style that appeals to both tenants and owner-occupants.
Sizable Lot with Value-Add Potential: Set on an expansive 6,970 sqft lot, the backyard offers flexibility for outdoor living, tenant enjoyment, or future value-add improvements.
Convenient Location & Walkability: The home is within walking distance to grocery stores, restaurants, and daily conveniences, and offers easy access to downtown Desert Hot Springs, spas, and major highways for commuters.

Cons

Age of Core Systems: Built in 1984, the property is 40 years old, suggesting that core systems such as HVAC, plumbing, electrical, or roofing may be original or nearing end-of-life, potentially requiring future maintenance or replacement costs.
Leased Solar Panel Obligation: While beneficial for utility savings, the solar panels are leased, meaning a buyer must assume the existing lease agreement, which can sometimes be a point of negotiation or a barrier for certain financing options.
Potential for Further Updates: Beyond the kitchen, the description does not detail other significant modern upgrades, suggesting that bathrooms or other interior finishes might be dated and could benefit from further renovation to maximize value and appeal.
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