27040 Ventura, Cathedral City, California 92234, Cathedral City, 92234 - 3 bed, 3 bath
ACTIVE$439,000$2,020/sqft
Est. Value: $309,562
-29%
AboveEstimate
27040 Ventura, Cathedral City, California 92234
3Beds
3Baths
2,020Sqft
10,454Lot
Price Vs. Estimate
The estimated value ($309,561.695) is $129,438.305 (29%) lower than the list price ($439,000). This property may be overpriced.
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 = 10454, living area = 2020.
Top Cons:
Potential for Modernization: Built in 1986, the property description does not highlight recent updates, suggesting potential for cosmetic or system upgrades to align with current market trends and buyer preferences.
Compared to the nearby listings
Price:$439.0K vs avg $545.0K ($-106,000)14%
Size:2,020 sqft vs avg 1,795.5 sqft68%
Price/sqft:$217 vs avg $3085%
More Insights
Built in 1986 (40 years old).
Condition: Built in 1986, this property shows significant signs of age with no apparent major renovations. The kitchen features dated tile countertops, old-style cabinets, and fluorescent lighting, while the bathrooms have similar outdated tile, vanities, and fixtures. Flooring consists of worn carpet and basic laminate. The cooling system is a major concern, with an older unit visible and no central AC mentioned, which is critical for the Cathedral City climate. These factors indicate a need for substantial rehabilitation and modernization to meet current living standards and comfort.
Year Built
1986
Close
-
List price
$439K
Original List price
$439K
Price/Sqft
$217
HOA
-
Days on market
-
Sold On
-
MLS number
OC26010688
Home ConditionPoor
Features
Good View: Desert
Patio
ViewDesert
About this home
This 3-bedroom, 2.25-bath home offers a functional layout in a quiet Cathedral City neighborhood with great versatility for a variety of buyers. The comfortable backyard provides ample space for outdoor living, entertaining, or future enhancements. Inside, the home features a dedicated office with a built-in desk, ideal for working from home or study. The garage includes a convenient quarter bath and generous space for storage, a workshop, or additional use. With its flexible floor plan, usable outdoor space, and solid layout, this property is well-suited for homeowners, second-home buyers, or those seeking a strong long-term investment opportunity.
A
Andy Dang
Listing Agent
Nearby schools
6/10
Rio Vista Elementary School
Public,•K-5•0.6mi
5/10
James Workman Middle School
Public,•6-8•3.2mi
4/10
Desert Learning Academy
Public,•K-12•3.0mi
6/10
Cathedral City High School
Public,•9-12•4.1mi
Price History
Date
Event
Price
08/18/95
Sold
$87,500
Condition Rating
Poor
Built in 1986, this property shows significant signs of age with no apparent major renovations. The kitchen features dated tile countertops, old-style cabinets, and fluorescent lighting, while the bathrooms have similar outdated tile, vanities, and fixtures. Flooring consists of worn carpet and basic laminate. The cooling system is a major concern, with an older unit visible and no central AC mentioned, which is critical for the Cathedral City climate. These factors indicate a need for substantial rehabilitation and modernization to meet current living standards and comfort.
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 = 10454, living area = 2020.
Broad Buyer Appeal & Investment Potential: The property's versatile layout and suitability for various buyer types (homeowners, second-home buyers, investors) position it as a strong long-term investment opportunity.
Dedicated Home Office Space: Features a dedicated office with a built-in desk, catering to the growing demand for remote work or study environments.
Generous & Flexible Outdoor Living: A comfortable backyard with ample space, complemented by a large lot size (10,454 sqft), offers significant potential for outdoor living, entertaining, or future enhancements.
Functional Layout & Quiet Neighborhood: Boasts a solid, flexible floor plan within a quiet Cathedral City neighborhood, providing a comfortable and adaptable living environment.
Versatile Garage with Added Convenience: The garage offers generous space for storage or a workshop, enhanced by the convenience of a quarter bath.
Cons
Potential for Modernization: Built in 1986, the property description does not highlight recent updates, suggesting potential for cosmetic or system upgrades to align with current market trends and buyer preferences.
Lack of Mentioned Cooling System: Given Cathedral City's warm climate, the absence of any mention of a cooling system (e.g., central air conditioning) could be a significant concern for potential buyers.
Absence of Specific High-End Features: The description emphasizes functionality and space rather than luxury finishes, updated appliances, or smart home technology, which may not appeal to buyers seeking premium, move-in ready amenities.