5645 Cahuilla Avenue, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
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29 Palms, California 92277
This Value-Add Investment Asset is listed at $279,000, presenting a significant restoration project in the desert. Built in 1980, the structure offers a solid foundation but currently holds a Condition Rating of 5, requiring extensive rehabilitation to align with its $167,685 Fair Market Value. The expansive 8,905 sqft Lot provides substantial space for forced appreciation through landscaping or expansion. Situated in the Morongo Unified district, the home is conveniently located near Twentynine Palms High School and Oasis Elementary School. This high-upside project is perfectly suited for Fix-and-Flip Investors or Contractors looking to capitalize on the area's rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5645 Cahuilla Avenue Subject | $279,000* List Price | 3 | 2 | 1,218 | $138 | - |
A 5564 Mariposa Sold | $284,000 | 3 | 2 | 1,269 | $224 | 0.1 mi |
B 5464 Mariposa Sold | $235,000 | 3 | 2 | 1,293 | $182 | 0.2 mi |
C 5539 Lupine Sold | $240,000 | 3 | 2 | 1,092 | $220 | 0.1 mi |
D 5304 Morongo Road Sold | $259,000 | 3 | 2 | 1,470 | $176 | 0.4 mi |
E 72220 El Paseo Sold | $210,000 | 2 | 1 | 864 | $243 | 0.6 mi |
F 5441 Chia Active | $275,000 List Price | 3 | 2 | 1,325 | $208 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1980, this property is in a state of significant disrepair, requiring substantial rehabilitation. The description explicitly states 'INVESTOR ALERT!' and 'give some TLC,' which is evident throughout the images. The kitchen is messy, with mismatched and damaged cabinets, and requires a complete overhaul. Bathrooms have basic, worn fixtures and one door is severely damaged. Flooring is dirty and worn laminate or old carpet. The exterior is unkempt with debris, and the overall condition suggests deferred maintenance and an uncomfortable living environment, aligning with the 'poor' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8905, living area = 1218.
Explicitly marketed as an 'INVESTOR ALERT!' with clear potential for value appreciation through renovation and personalization, appealing to buyers looking to add equity.
Listed at $279,000, offering a relatively affordable entry into homeownership or investment in the California market, especially for a 3-bedroom, 2-bathroom single-family residence.
The property description clearly indicates a need for 'TLC' and significant renovation, implying substantial time and financial investment for prospective buyers.
The absence of any highlighted modern features or recent upgrades suggests the interior and systems are likely dated, requiring comprehensive updates to meet contemporary standards.
The property explicitly states 'view: None,' which could be a disadvantage in a region where scenic desert or mountain views are often sought after by buyers.
INVESTOR ALERT! It's the perfect place to give some TLC and create a beautiful home.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades 7-8 • 3.1 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,218 | 1,192 | 52% |
| Lot Size | 8,905 | 14,400 | 28% |
| Price | $279.0K | $254.0K | 61% |
| Price per sq ft | $229 | $224 | 56% |
| Built year | 1980 | 1969 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 608 | 195 | 0% |
Aug 22, 2024
$279,000
Initial Listing