
Cathedral City, California 92234
This Value-Add Residential Asset is a High-Potential Investment Opportunity listed at $425,000, positioned at its $425,632 Fair Market Value. While the home carries a Dated Condition Rating, the primary value driver is the expansive 13,068 Sq Ft Lot featuring Mountain Views and significant ADU Potential. Located within the Desert Sands Unified District near Agua Caliente Elementary, the property offers a blank canvas for forced appreciation. With No HOA Restrictions, this is a high-utility acquisition for Fix-and-Flip Investors or first-time buyers seeking long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30770 San Gabriel E Subject | $425,000* List Price | 3 | 2 | 1,266 | $336 | - |
A 30201 San Diego Drive Sold | $355,000 | 3 | 2 | 1,460 | $243 | 0.4 mi |
B 68220 Mccallum Way Sold | $475,000 | 3 | 2 | 1,501 | $316 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this home is functional and move-in ready but significantly dated. While it features a newer HVAC system and durable tile flooring, the interior shows older bathroom fixtures, popcorn ceilings, and painted block walls that likely haven't seen a major renovation in over 20 years, requiring cosmetic 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 = 13068, living area = 1266.
The oversized 13,068 sq. ft. lot provides significant value and versatility, offering ample space for a pool, RV parking, or the addition of an ADU and Junior ADU for rental income.
The absence of HOA fees and restrictions, combined with eligibility for down payment assistance programs, makes this an exceptionally accessible option for first-time buyers and investors.
Built in 1961 and described as a 'pre-loved' home, the property will likely require a budget for cosmetic updates and modernization to maximize its equity and appeal.
With only 1,266 sq. ft. to accommodate three bedrooms and a bonus room, the interior layout may feel constrained compared to modern residential standards.
Rare Oversized 13,068 Sq Ft Lot | ADU Potential | NO HOA | Investor or First-Time Home Buyer - this home qualify for Down Payment Assistance Opportunity ! This Cathedral City home sits on a 13,068 sq. ft. lot, offering room to grow, expand, and truly make it your own. Whether you’re a first-time buyer, investor, or planning for multigenerational living, this property checks the boxes. The home features 3 bedrooms, 2 bathrooms (approx. 1,266 sq. ft.) plus a bonus room, with a simple, functional layout that makes everyday living easy. A newer A/C adds comfort and value, while the overall condition provides a great opportunity to update at your own pace and build equity over time. This is a pre-loved home with solid bones and endless possibilities. Opportunity, space, and future potential—all in one property. What truly sets this property apart is the expansive backyard. With this much space, you can explore adding an ADU and Junior ADU, creating rental income or accommodating extended family. NO HOA / NO RESTRICTIONS ROOM FOR POOL + CASITA MULTI-GENERATIONAL LIVING INVESTOR OPPORTUNITY RV / TOY PARKING POTENTIAL Expansion ready for your private desert retreat—bring your vision and make it a reality. Ideally located in a residential pocket just behind Walmart and a major shopping center, you’ll enjoy convenient access to dining, retail, and everyday essentials. Walking distance from Agua Caliente Elementary school, nearby amenities include Cimarron Golf Resort, and you’re just minutes from Palm Springs International Airport, making this an excellent option for full-time living, a second home, or an investment property. If you’re looking for value, versatility, and long-term upside, this is a property you won’t want to miss. Come see the potential and make it yours TODAY!
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 2.6 mi
Grades 6-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,266 | 1,766 | 10% |
| Lot Size | 13,068 | 7,841 | 95% |
| Price | $425.0K | $545.0K | 14% |
| Price per sq ft | $336 | $309 | 65% |
| Built year | 1961 | 1992 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 184 | 1% |
Apr 18, 2026
$425,000
Initial Listing
Nov 8, 2004
$130,000
Public Record
Dec 28, 1993
$60,500
Public Record