52425 Las Palmas, Coachella, California 92236, Coachella, 92236 - 3 bed, 2 bath
ACTIVE$240,000$1,120/sqft
Est. Value: $273,107
13%
BelowEstimate
52425 Las Palmas, Coachella, California 92236
3Beds
2Baths
1,120Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($273,106.965) is $33,106.965 (13%) higher than the list price ($240,000). This property may be underpriced.
Key pros and cons
Top Pros:
Investment & Equity Building Opportunity: Explicitly marketed as a 'Great investment opportunity' for buyers looking to customize and build equity through renovation.
Top Cons:
As-Is Sale Condition: The property is being sold 'as-is,' indicating that the seller will not undertake repairs and potential buyers should anticipate immediate investment for necessary upgrades or maintenance.
Compared to the nearby listings
Price:$240.0K vs avg $515.0K ($-275,000)2%
Size:1,120 sqft vs avg 1,861 sqft13%
Price/sqft:$214 vs avg $27811%
More Insights
Built in 1970 (56 years old).
Condition: Built in 1970, this property is in a state of significant disrepair, requiring substantial rehabilitation. The kitchen is completely gutted, lacking cabinets and appliances, and the bathroom is extremely outdated, dirty, and appears to need a full renovation. Throughout the home, there is peeling paint, dirty and mismatched flooring, and general neglect, consistent with a property needing extensive repairs and not being move-in ready. The 'as-is' sale condition and the listing's explicit mention of 'extensive renovation and improvement' further support this assessment.
Year Built
1970
Close
-
List price
$240K
Original List price
$240K
Price/Sqft
$214
HOA
-
Days on market
-
Sold On
-
MLS number
DW26011239
Home ConditionPoor
Features
ViewNeighborhood
About this home
Great investment opportunity in Coachella, CA. This 3-bedroom, 2 bath home offers approximately 1,120 sq ft of living space on a 6,096 sq ft lot. Property features a functional layout with ample potential for renovation and improvement. Spacious lot allows for outdoor enhancements and added value. Located in an established residential neighborhood close to schools, shopping, and local amenities. Ideal for investors or buyers looking to customize and add equity. Property is being sold as-is.
A
Angelica Calderon
Listing Agent
Condition Rating
Poor
Built in 1970, this property is in a state of significant disrepair, requiring substantial rehabilitation. The kitchen is completely gutted, lacking cabinets and appliances, and the bathroom is extremely outdated, dirty, and appears to need a full renovation. Throughout the home, there is peeling paint, dirty and mismatched flooring, and general neglect, consistent with a property needing extensive repairs and not being move-in ready. The 'as-is' sale condition and the listing's explicit mention of 'extensive renovation and improvement' further support this assessment.
Pros & Cons
Pros
Investment & Equity Building Opportunity: Explicitly marketed as a 'Great investment opportunity' for buyers looking to customize and build equity through renovation.
Prime Location & Amenities: Situated in an established residential neighborhood with convenient access to schools, shopping, and local amenities, enhancing desirability.
Generous Lot Size: A spacious 6,096 sq ft lot provides ample room for outdoor enhancements, landscaping, and potential for added value.
Functional Layout with Customization Potential: The existing functional layout offers a solid foundation for renovation, allowing buyers to personalize and modernize the space to their taste.
Accessible Price Point: Listed at $240,000, this property presents an affordable entry into the Coachella market, particularly for those seeking a value-add project.
Cons
As-Is Sale Condition: The property is being sold 'as-is,' indicating that the seller will not undertake repairs and potential buyers should anticipate immediate investment for necessary upgrades or maintenance.
Age of Construction: Built in 1970, the home is over five decades old, suggesting that major systems, finishes, and overall infrastructure may be dated and require significant modernization.
Extensive Renovation Required: While offering potential, the property explicitly requires 'ample potential for renovation and improvement,' implying it is not move-in ready and demands substantial time and financial commitment from the buyer.