24235 Palomas Avenue, Blythe, California 92225, Blythe, 92225 - 3 bed, 2 bath
ACTIVE$69,700$1,766/sqft
24235 Palomas Avenue, Blythe, California 92225
3Beds
2Baths
1,766Sqft
13,068Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1766.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-01-31. The sold price is $20,000.00.
Compared to the nearby listings
Price:$69.7K vs avg $213.2K ($-143,550)5%
Size:1,766 sqft vs avg 1,384.5 sqft73%
Price/sqft:$39 vs avg $1567%
More Insights
Built in 1983 (43 years old).
Condition: Built in 1983, this property is over 40 years old and explicitly marketed as needing 'extensive renovation' and being a 'perfect project for investors or flippers.' The images confirm this, showing a property that is not livable in its current state. The interiors are largely gutted with unfinished subflooring, exposed wiring, and damaged walls. The kitchen is non-functional with missing cabinets and no visible appliances. The bathroom features an outdated vanity, stained sinks, and an old shower, all requiring full replacement. Major systems are likely outdated and require substantial repairs or replacement, as indicated by the 'cash or hard money only' financing requirement. This property requires significant rehabilitation to be habitable.
Year Built
1983
Close
-
List price
$70K
Original List price
$70K
Price/Sqft
$39
HOA
-
Days on market
-
Sold On
-
MLS number
25630171
Home ConditionPoor
Features
Patio
View-
About this home
Amazing 3-bedroom, 2-bath home on a rare, oversized lot. Incredible opportunity to remodel and add value. Utilities include water, electric, and gas. Cash or hard money only. Perfect project for investors or flippers looking for their next dream renovation.
C
Christopher Jones
Listing Agent
Price History
Date
Event
Price
01/31/25
Sold
$20,000
Condition Rating
Poor
Built in 1983, this property is over 40 years old and explicitly marketed as needing 'extensive renovation' and being a 'perfect project for investors or flippers.' The images confirm this, showing a property that is not livable in its current state. The interiors are largely gutted with unfinished subflooring, exposed wiring, and damaged walls. The kitchen is non-functional with missing cabinets and no visible appliances. The bathroom features an outdated vanity, stained sinks, and an old shower, all requiring full replacement. Major systems are likely outdated and require substantial repairs or replacement, as indicated by the 'cash or hard money only' financing requirement. This property requires significant rehabilitation to be habitable.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1766.
Oversized Lot: The property features a rare, oversized lot of 13,068 sqft (0.3 acres), providing significant space for potential expansion, landscaping, or additional outdoor amenities.
Value-Add Potential: Explicitly marketed as an 'incredible opportunity to remodel and add value' and a 'perfect project for investors or flippers,' indicating strong potential for appreciation through renovation.
Affordable Entry Price: With a list price of $69,700, it offers a highly accessible entry point for investors or individuals seeking a renovation project.
Essential Utilities Connected: All critical utilities, including water, electric, and gas, are already connected, simplifying the initial stages of a renovation project.
Functional Layout: The 3-bedroom, 2-bathroom layout across 1766 sqft provides a practical and desirable foundation for a family home once updated.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-01-31. The sold price is $20,000.00.
Limited Financing Options: The requirement for 'Cash or hard money only' severely restricts the potential buyer pool, excluding those who rely on conventional, FHA, or VA financing.
Extensive Renovation Required: The description clearly indicates the property needs significant remodeling and renovation, implying it is not move-in ready and will demand substantial time and financial investment.
Age and System Updates: Built in 1983, the home is over 40 years old, suggesting that major systems (e.g., HVAC, plumbing, electrical) and finishes are likely outdated and will require significant upgrades.