5645 Cahuilla Avenue, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath

5645 Cahuilla Avenue, 29 Palms, California 92277 home-pic-0

5645 Cahuilla Avenue

29 Palms, California 92277

ACTIVE
CONDITION: POOR
3Beds
2Baths
1,218Sq Ft
8,905Lot Size

Property Price

LIST PRICE$279,000
EST. MARKET VALUE
$170,618
63% AboveMARKET VALUE

SUMMARY

Analysis of 5645 Cahuilla Avenue, 29 Palms, California 92277 reveals a property with a current list price of $279,000, which is 63% above the estimated $170,618 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the 29 Palms Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$170,618
Based on Realkey algorithm analyzing recent comparable sales in 29 Palms.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5645 Cahuilla Avenue
Subject
$279,000*
List Price
321,218$140-
A
5464 Mariposa
Sold
$235,000321,293$1820.2 mi
B
5539 Lupine
Sold
$240,000321,092$2200.1 mi
C
5304 Morongo Road
Sold
$259,000321,470$1760.4 mi
D
5374 Baileya Avenue
Sold
$255,000321,092$2340.4 mi
E
72220 El Paseo
Sold
$210,00021864$2430.6 mi
F
5564 Mariposa
Active Under Contract
$279,000
List Price
321,269$2200.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

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.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 8905, living area = 1218.

  • Investment Potential

    Explicitly marketed as an 'INVESTOR ALERT!' with clear potential for value appreciation through renovation and personalization, appealing to buyers looking to add equity.

  • Accessible Price Point

    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.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Required

    The property description clearly indicates a need for 'TLC' and significant renovation, implying substantial time and financial investment for prospective buyers.

  • Lack of Modern Amenities/Updates

    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.

  • No Desirable Views

    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.

About 5645 Cahuilla Avenue

INVESTOR ALERT! It's the perfect place to give some TLC and create a beautiful home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1980
Lot Size
8,905 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

29 Palms Unified Schools

Oasis Elementary School

Grades K-6 • 1.5 mi

4/10

Twentynine Palms Junior High School

Grades 7-8 • 3.1 mi

4/10

Twentynine Palms High School

Grades 9-12 • 1.2 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,2181,193
52%
Lot Size8,90513,640
30%
Price$279.0K$258.4K
59%
Price per sq ft$229$225
55%
Built year19801972
58%
HOA$0$0
50%
Days on market562199
0%

Pricing History

Listed for Sale

Aug 22, 2024

$279,000

Initial Listing

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