4774 Indio Avenue, Yucca Valley, California 92284, Yucca Valley, 92284 - 3 bed, 2 bath

4774 Indio Avenue, Yucca Valley, California 92284 home-pic-0
ACTIVE$375,900
4774 Indio Avenue, Yucca Valley, California 92284
3Beds
2Baths
1,670Sqft
29,759Lot

Price Vs. Estimate

The estimated value ($334,413.44) is $41,486.56 (11%) lower than the list price ($375,900). 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 = 29759, living area = 1670.
Top Cons:
Age and Implied Renovation Needs: Built in 1984, the property is 40 years old, and the description's emphasis on 'transform' suggests that significant updates or renovations may be required to modernize the homes, incurring additional buyer costs.

Compared to the nearby listings

Price:$375.9K vs avg $380.0K ($-4,100)49%
Size:1,670 sqft vs avg 1,500.5 sqft60%
Price/sqft:$225 vs avg $25930%

More Insights

Built in 1984 (41 years old).
Condition: The property was built in 1984, making it 40 years old. The listing description mentions an opportunity to 'transform' the homes, and there is no indication of recent major renovations or modern updates. While the exterior appears maintained in the provided images, the age suggests that interior components, especially kitchens and bathrooms, are likely outdated in style and features, requiring minor to moderate updates to meet contemporary standards. The absence of interior photos prevents a detailed assessment of specific finishes and appliances, but the overall context aligns with a functional yet aged property that would benefit from modernization.
Year Built
1984
Close
-
List price
$376K
Original List price
$397K
Price/Sqft
$225
HOA
-
Days on market
-
Sold On
-
MLS number
219132316DA
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

This is an excellent opportunity to own, transform, and invest in short-term rentals of 2 separate properties on one lot in the city of Yucca Valley. The size of the spacious lot is approx 29,759 Sq.Ft, with the first home being a 2 Bed/ 1 Bath, approx 920SF, and the second home is a 1 Bed/ 1 Bath and approx 800SF. Both houses have kitchens, living rooms, and plenty of outdoor space for gatherings, stargazing, or just creating memories. There are endless possibilities for these properties; From renting out one home and living in the other, to having one of the homes as a vacation spot, to even renting both homes as a long-term investment, as currently arranged. The proximity to the Palm Springs area, Big Bear, Los Angeles, and Joshua Tree National Park makes this location more desirable. The best part, however, is the high desert's charm of wildlife and clear night skies. Come where you can truly see the stars and make this property yours today!Buyers must verify availability and requirements of short-term permits with the City.

Condition Rating
Fair

The property was built in 1984, making it 40 years old. The listing description mentions an opportunity to 'transform' the homes, and there is no indication of recent major renovations or modern updates. While the exterior appears maintained in the provided images, the age suggests that interior components, especially kitchens and bathrooms, are likely outdated in style and features, requiring minor to moderate updates to meet contemporary standards. The absence of interior photos prevents a detailed assessment of specific finishes and appliances, but the overall context aligns with a functional yet aged property that would benefit from modernization.
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 = 29759, living area = 1670.
Dual Income Potential: The property features two separate homes on one lot (2 Bed/1 Bath and 1 Bed/1 Bath), offering versatile income opportunities through short-term or long-term rentals, or multi-generational living.
Strategic Location for Tourism: Its proximity to popular destinations like Palm Springs, Big Bear, Los Angeles, and Joshua Tree National Park makes it highly desirable for vacationers and short-term rental guests.
Large Lot Size: A spacious lot of approximately 29,759 Sq.Ft provides ample outdoor space for gatherings, stargazing, potential expansion, and privacy in the high desert.
Investment Flexibility: The setup allows for various investment strategies, including living in one unit and renting the other, or renting both for maximized returns, as highlighted in the description.
Scenic Desert Charm: The property boasts mountain views and offers the unique appeal of the high desert's wildlife and clear night skies, enhancing its lifestyle and aesthetic value.

Cons

Age and Implied Renovation Needs: Built in 1984, the property is 40 years old, and the description's emphasis on 'transform' suggests that significant updates or renovations may be required to modernize the homes, incurring additional buyer costs.
Short-Term Rental Permit Uncertainty: Buyers are explicitly advised to verify short-term rental permits with the City, introducing a potential hurdle and uncertainty for a key investment strategy promoted by the listing.
Lack of Specific Updates Mentioned: The description does not highlight any recent renovations or modern amenities, which, combined with the property's age, suggests the homes may lack contemporary features or require immediate upgrades.

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