18600 Ford Avenue, Desert Hot Springs, California 92241, Desert Hot Springs, 92241 - 2 bed, 1 bath
ACTIVE$365,000
18600 Ford Avenue, Desert Hot Springs, California 92241
2Beds
1Bath
2,034Sqft
199,940Lot
Price Vs. Estimate
The estimated value ($308,894.27) is $56,105.73 (15%) lower than the list price ($365,000). This property may be overpriced.
Key pros and cons
Top Pros:
Expansive Lot Size: The property features a very large lot of 199,940 sqft, offering significant potential for privacy, extensive landscaping, and future development or expansion.
Top Cons:
Extensive Fire Damage to Main House: The primary dwelling has extensive fire damage and requires a complete rebuild from the ground up, representing a substantial and costly undertaking for the buyer.
Compared to the nearby listings
Price:$365.0K vs avg $496.0K ($-131,000)12%
Size:2,034 sqft vs avg 1,903 sqft65%
Price/sqft:$179 vs avg $27912%
More Insights
Built in 1987 (38 years old).
Condition: The MLS description explicitly states that the main house has 'extensive fire damage and needs to be rebuilt from the ground up,' rendering it unlivable in its current condition. This aligns with the 'tear-down' criteria, where the structure is beyond repair and the property's value is primarily based on the land and redevelopment potential. The presence of an unpermitted guest casita and pool does not offset the severe damage to the main dwelling. The provided images are aerial and exterior, confirming the large lot but offering no details to contradict the described severe damage.
Year Built
1987
Close
-
List price
$365K
Original List price
$365K
Price/Sqft
$179
HOA
-
Days on market
-
Sold On
-
MLS number
219135773PS
Home ConditionTear down
Features
Good View: Canyon, Mountain(s), Panoramic
Pool
ViewCanyon, Mountain(s), Panoramic
About this home
Discover the potential in this fixer upper opportunity with endless possibilities!! This property is perfect for buyers and investors with a vision, creativity and a passion for renovation The main house has extensive fire damage and needs to be rebuilt from the ground up. There is a 2b 1b guest casita with fireplace and an inground pool both are unpermitted. Large back yard and perfect blank canvas for creating an outdoor oasis. Property being sold in ''As Is'' condition, no warranties expressed or implied,
Condition Rating
Tear down
The MLS description explicitly states that the main house has 'extensive fire damage and needs to be rebuilt from the ground up,' rendering it unlivable in its current condition. This aligns with the 'tear-down' criteria, where the structure is beyond repair and the property's value is primarily based on the land and redevelopment potential. The presence of an unpermitted guest casita and pool does not offset the severe damage to the main dwelling. The provided images are aerial and exterior, confirming the large lot but offering no details to contradict the described severe damage.
Pros & Cons
Pros
Expansive Lot Size: The property features a very large lot of 199,940 sqft, offering significant potential for privacy, extensive landscaping, and future development or expansion.
Stunning Panoramic Views: Boasting panoramic canyon and mountain views, this highly desirable feature enhances the property's appeal and potential value.
Existing Guest Casita: A 2-bedroom, 1-bathroom guest casita provides immediate, albeit unpermitted, living space or potential for rental income during the main house reconstruction.
Private Inground Pool: The presence of an inground pool, even if unpermitted, is a valuable amenity for recreation and relaxation, particularly in the Desert Hot Springs climate.
High Investment Potential: Marketed as a 'fixer upper opportunity with endless possibilities,' it appeals strongly to investors and buyers seeking a project with significant potential for value appreciation after renovation.
Cons
Extensive Fire Damage to Main House: The primary dwelling has extensive fire damage and requires a complete rebuild from the ground up, representing a substantial and costly undertaking for the buyer.
Unpermitted Structures: Both the guest casita and the inground pool are unpermitted, which could lead to legal complications, fines, or mandatory compliance costs for the new owner.
Sold 'As Is' Condition: The property is sold strictly 'As Is,' meaning the buyer assumes all responsibility for repairs, renovations, and addressing any existing issues without seller warranties or guarantees.