
Cabazon, California 92230
This property presents a High-Potential Investment Opportunity with a List Price of $348,000—positioned above the $331,723 Fair Market Value. While the price reflects a premium, the Dual-Unit Income Potential—featuring a main home and a backyard casita—provides immediate, turnkey cash flow. With a Condition Rating of 5, the structure requires updates to meet modern standards. Its Strategic Gateway Location near major employers and regional attractions ensures consistent rental demand. This is a stable, income-generating asset ideal for Buy-and-Hold Investors or Portfolio Diversifiers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14547 Mission Street Subject | $348,000* List Price | 3 | 2 | 1,080 | $307 | - |
A 49901 Mountain View Sold | $325,000 | 2 | 1 | 948 | $343 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990, the property is 34 years old, placing it in the >30-year category. While the listing describes it as 'turnkey' for investors, the age of the structure and lack of mentioned renovations suggest original systems and an outdated interior that require major updates to meet modern standards.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 = 7405, living area = 1080.
The property features a main residential home plus a backyard casita, both fully tenant-occupied, providing immediate turnkey cash flow and high investment utility.
Located minutes from Desert Hills Premium Outlets and Morongo Casino with effortless freeway access, the property is positioned in a high-demand area for commuters and local employees.
With only 1,080 square feet split between two units and a 3-bedroom configuration, the individual living areas may feel restricted or small for some occupants.
Because the property is sold fully tenant-occupied, it is restricted primarily to investors, excluding traditional buyers looking for an immediate primary residence.
Attention savvy investors! Turnkey income. This unique property offers a main residential home plus a backyard casita. Sold fully tenant-occupied, this property secures your cash flow from day one. Skip the vacancy period and collect established rental income immediately upon closing. Gateway Location: Strategically located right off the freeway for effortless commuting to major employers and entertainment. Minutes from premium shopping brands at the Desert Hills Premium Outlets, resort nightlife at Morongo Casino Resort & Spa, and a short drive to Palm Springs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,080 | 1,037 |
| Lot Size | 7,405 | 7,841 |
| Price | $348.0K | $335.5K |
| Price per sq ft | $322 | $277 |
| Built year | 1990 | 1994 |
| HOA | $0 | $0 |
| Days on market | 21 | 64 |
Jul 1, 2026
$348,000
Initial Listing
Oct 30, 2017
$163,000
Public Record
Feb 26, 2015
$128,000
Public Record
Oct 18, 2010
$40,000
Public Record
Apr 9, 2004
$180,000
Public Record