
Coalinga, California 93210
This property presents a High-Potential Investment Opportunity with a List Price of $224,500—positioned well above the $181,696 Fair Market Value by -23%. While the property requires significant updates given its Fair Condition Rating, the 4,500-square-foot lot provides a solid foundation for value-add improvements. This asset is best suited for those capable of managing a renovation project to modernize the 1914 structure. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 356 California Street Subject | $224,500* List Price | 2 | 1 | 720 | $252 | - |
A 385 E Valley Street Sold | $203,000 | 2 | 1 | 912 | $223 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1914, this 110-year-old home is significantly aged. The kitchen is functional but dated with older laminate countertops, white cabinetry, and a basic electric coil stove. The exterior shows signs of deferred maintenance, including peeling paint on the porch and foundation. The listing's emphasis on 'DIY projects' and 'investment opportunity' confirms the property requires updates to meet modern standards.
Positioned as an ideal starter home or rental, this property offers significant equity-building potential through cosmetic upgrades and DIY improvements.
With a list price of $224,500, the property represents a highly accessible price point for first-time buyers or investors looking to enter the California market.
The 4,500-square-foot lot provides ample outdoor space relative to the home's footprint, offering room for gardening, recreation, or future expansion.
Built in 1914, the home likely requires updates to major systems and structural components to meet modern standards and ensure long-term durability.
At just 720 square feet, the interior living space is limited, which may pose challenges for buyers seeking more spacious accommodations or storage.
Coalinga, CA - Great Investment Opportunity! This adorable starter home is full of potential and ready for your personal touch. With just a few DIY projects, you can transform this property into the perfect first home or a valuable addition to your investment portfolio. Whether you're a first-time homebuyer looking to build equity or an investor seeking your next rental property, this home offers excellent value and opportunity. Conveniently located in Coalinga, this property is a smart investment with room to grow. Don't miss out on this affordable opportunity. Call today to schedule your private tour and see the potential for yourself!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.0 |
| Square foot | 720 | 672 |
| Lot Size | 4,500 | 5,180 |
| Price | $224.5K | $384.0K |
| Price per sq ft | $312 | $215 |
| Built year | 1914 | 1915 |
| HOA | $0 | $0 |
| Days on market | 40 | 122 |
Jun 12, 2026
$224,500
Initial Listing
Sep 19, 2014
$35,000
Public Record
May 19, 1997
$53,000
Public Record