
Palm Desert, California 92260
This property presents a High-Potential Investment Opportunity with a List Price of $397,777—positioned well above the $341,809 Fair Market Value by 16%. While the property requires significant rehabilitation, its Fair Condition Rating and large 7,405 sq. ft. lot offer substantial upside for forced appreciation in a prime South Palm Desert location. Featuring Mountain Views, this asset is a strategic acquisition for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to unlock the home's full market potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45738 Quailbrush Street Subject 2 bd · 2 ba · 1,318 sqft · $259 | $397,777* List Price | 2 | 2 | 1,318 | $259 | - |
A 74140 Aster Drive Sold 3 bd · 2 ba · 1,750 sqft · $234 · 1.0 mi | $410,000 | 3 | 2 | 1,750 | $234 | 1.0 mi |
B 74146 De Anza Way Pending 2 bd · 1 ba · 826 sqft · $369 · 0.6 mi | $304,500 List Price | 2 | 1 | 826 | $369 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 and marketed as a 'Handyman Special' and 'Investor' opportunity, this property requires significant rehabilitation. While the bathroom and flooring show signs of partial updates from 15-20 years ago, the overall structure and systems are aged, and the listing explicitly states it needs TLC and a renovation project to reach its potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1318.
Situated in the highly sought-after South Palm Desert area, the property is just minutes from the luxury shopping, dining, and entertainment district of El Paseo.
Priced as a handyman special, this property offers a rare opportunity to build equity through renovation in a high-value neighborhood with strong resale demand.
The home is sold in 'as-is' condition and requires significant TLC, which may necessitate a large capital outlay for repairs and modernization.
With various modifications made over the decades, there is a risk of unpermitted additions or square footage discrepancies that the buyer must verify.
SOUTH PALM DESERT INVESTOR & HANDYMAN SPECIAL! Opportunity awaits in a desirable South Palm Desert location, just minutes from El Paseo's upscale shopping, dining, and entertainment! Originally built in 1951, this property features modifications and additions over the years and offers plenty of potential for the buyer with vision. The home features an open living area, tile flooring, a fireplace, and a kitchen with wood cabinetry, and workshop/storage shed in backyard. Situated on a 7405 sq. ft. lot, this property is ready for updates, and some TLC to bring it to its full potential. Whether you're an investor, contractor, or buyer looking for a renovation project, this is an opportunity to transform an older desert home in a sought-after location. Bring your tools, creativity, and imagination! Property is being sold AS-IS. Buyer to verify square footage, additions, permits, and all property details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.9 |
| Square foot | 1,318 | 2,058.132 |
| Lot Size | 7,405 | 7,541.284 |
| Price | $397.8K | $629.6K |
| Price per sq ft | $302 | $309 |
| Built year | 1951 | 1997 |
| HOA | $0 | $398 |
| Days on market | 4 | 79 |
Oct 21, 2026
$397,777
Initial Listing