49840 Avenida Cortez, Coachella, California 92236, Coachella, 92236 - 3 bed, 1 bath
49840 Avenida Cortez
Coachella, California 92236
Property Price
SUMMARY
Analysis of 49840 Avenida Cortez, Coachella, California 92236 reveals a Fairly Priced Property with a current list price of $349,000 aligned with the estimated $349,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Coachella Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49840 Avenida Cortez Subject | $349,000* List Price | 3 | 1 | 1,325 | $263 | - |
A 50442 S Kenmore Street Sold | $345,000 | 3 | 1 | 1,100 | $314 | 0.4 mi |
B 1250 Fourth St Street Sold | $392,000 | 3 | 1 | 1,200 | $327 | 0.7 mi |
C 84086 Magnolia Street Sold | $450,000 | 4 | 2 | 1,428 | $315 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent capital improvements, including a new roof (2022) and a replaced central A/C system (2020). The kitchen has been tastefully updated with modern cabinetry and stainless steel appliances. While the home was built in 1983, the overall maintenance, updated flooring, and recent system replacements elevate it above 'fair' condition, meeting the standards for 'good' quality.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The property features significant high-ticket upgrades, including a new roof installed in 2022 and a central A/C system replaced in 2020, offering long-term value and reduced immediate maintenance costs.
- Low Carrying Costs
With no HOA fees and electricity provided by IID (known for lower rates than neighboring utilities), this home offers excellent monthly affordability for homeowners or investors.
- Enhanced Security and Privacy
The property is well-secured with a gated driveway, a fully enclosed front yard, and a private backyard with a newly added fence, providing a safe environment for families and pets.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
Despite having three bedrooms (including the bonus room), the home only features one bathroom, which may be a significant inconvenience for larger households or guests.
- Loss of Covered Parking
The conversion of the garage into a bonus room eliminates traditional covered vehicle storage, which may be a drawback for buyers prioritizing protected parking or workshop space.
About 49840 Avenida Cortez
Welcome to this well-maintained and spacious 2-bedroom, 1-bath home with a converted garage bonus room, offering comfort, space, and privacy in the heart of Coachella. The layout includes a bright living and dining room combo, a separate family room, and an individual indoor laundry room for everyday convenience. Step into the beautiful, updated kitchen with stainless steel appliances, perfect for preparing meals for loved ones. Enjoy an enclosed front yard that adds charm and security, plus a private backyard ideal for relaxing or entertaining. The gated driveway provides additional peace of mind. The central A/C was replaced in October 2020, offering energy-efficient comfort. Other recent updates include a roof replacement in August 2022 and a new back fence added in April 2025. Located in a prime spot near shopping centers, restaurants, schools, and local parks, this home offers the convenience of everyday essentials just minutes away. With easy access to major roads, commuting and daily errands are effortless. No HOA, and the electricity provider is IID.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 1.0 | 2.0 | 14% |
| Square foot | 1,325 | 1,861 | 18% |
| Lot Size | 4,356 | 6,534 | 11% |
| Price | $349.0K | $520.0K | 14% |
| Price per sq ft | $263 | $277 | 27% |
| Built year | 1983 | 2006 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 209 | 2% |
Pricing History
Listed for Sale
Feb 21, 2026
$349,000
$389,000
-10% Price Drop
Initial Listing
Price Change
Jan 3, 2026
$389,000
Initial Listing