
Trona, California 93562
This Income-Generating Residential Asset represents a Strong Value Opportunity with a List Price of $59,999—positioned well below the $65,000 Fair Market Value by 7%. This valuation provides $5,001 in Instant Equity for an acquisition featuring a Condition Rating of 4. The property adheres to the 1% rule with a scheduled rent increase to $700/month, supported by a stable tenant and unobstructed mountain views. This high-yield opportunity is ideal for Buy-and-Hold Investors or Portfolio Managers seeking immediate cash flow with minimal overhead.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13765 Fremont St Subject | $59,999* List Price | 2 | 1 | 926 | $70 | - |
A 13841 Carson Active | $59,999 List Price | 2 | 1 | 842 | $71 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property underwent a cosmetic remodel in 2019 featuring updated tile flooring and stone countertops, it currently shows signs of significant wear and deferred maintenance. The kitchen is functional but lacks cabinet doors/drawers in sections, and the interior is heavily cluttered. The exterior condition is poor, with peeling stucco, weathered eaves, and a yard filled with substantial debris and scrap, though the home remains habitable for the current tenant.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9375, living area = 926.
The property meets the 1% rule with a scheduled rent increase to $700, offering an exceptional return on investment relative to the $59,999 list price.
A favorable lease structure where the tenant covers all utilities and landscaping ensures low overhead and simplified management for the owner.
Located in Trona, the property is in a remote desert area with limited economic drivers, which may impact long-term capital appreciation and resale liquidity.
Originally constructed in 1947, the home may require ongoing maintenance of core structural or mechanical systems that predate the 2019 cosmetic remodel.
Excellent cash-flow investment opportunity in Trona. Fully remodeled in 2019 with long-term tenant in place since 2019. Current rent is $580/month with increase to $700/month scheduled in August. Tenant pays gas, electric, water, and landscaping, keeping owner expenses minimal. Property meets the 1% rule and offers immediate income from day one. Stable tenant history with option to continue tenancy or pursue cash-for-keys. Low overhead, strong rental fundamentals make this a smart addition to any investor portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 926 | 1,145 | 22% |
| Lot Size | 9,375 | 10,200 | 44% |
| Price | $60.0K | $79.5K | 33% |
| Price per sq ft | $65 | $83 | 44% |
| Built year | 1947 | 1947 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 169 | 22% |
Mar 28, 2026
$59,999
$65,000
-8% Price Drop
Initial Listing
Mar 1, 2026
$65,000
Initial Listing