61032 Fairfax, Joshua Tree, California 92252, Joshua Tree, 92252 - 3 bed, 2 bath
ACTIVE$60,000$1,232/sqft
61032 Fairfax, Joshua Tree, California 92252
3Beds
2Baths
1,232Sqft
101,059Lot
Price Vs. Estimate
Estimation data not available
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 = 101059, living area = 1232.
Top Cons:
Extensive Renovation Required: The property is explicitly stated to be in need of significant repairs and renovation, indicating a substantial investment of time and capital will be necessary to bring it to modern standards.
Compared to the nearby listings
Price:$60.0K vs avg $397.5K ($-337,500)2%
Size:1,232 sqft vs avg 1,240 sqft50%
Price/sqft:$49 vs avg $3342%
More Insights
Built in 1987 (39 years old).
Condition: The property, built in 1987, is explicitly stated to be in need of 'significant repairs and renovation' and is being sold 'as-is.' The images confirm this, showing a structure that is essentially a shell with missing windows and doors, and a gutted interior. This indicates major systems are non-functional or absent, and the property is currently unlivable, requiring substantial rehabilitation to address significant defects.
Year Built
1987
Close
-
List price
$60K
Original List price
$60K
Price/Sqft
$49
HOA
-
Days on market
-
Sold On
-
MLS number
TR26006635
Home ConditionPoor
Features
Excellent View: Desert
Deck
ViewDesert
About this home
Located in a highly desirable Joshua Tree area, this property offers an excellent location close to Joshua Tree National Park, dining, and local amenities. The home is in need of significant repairs and renovation and is being sold in its present as-is condition. Ideal opportunity for investors or buyers looking to customize and add value. Buyer to conduct all inspections and due diligence to verify condition and suitability for intended use.
A
Adrian Zang
Listing Agent
Price History
Date
Event
Price
12/06/18
Sold
$123,000
09/21/17
Sold
$62,500
05/17/13
Sold
$10,000
Condition Rating
Poor
The property, built in 1987, is explicitly stated to be in need of 'significant repairs and renovation' and is being sold 'as-is.' The images confirm this, showing a structure that is essentially a shell with missing windows and doors, and a gutted interior. This indicates major systems are non-functional or absent, and the property is currently unlivable, requiring substantial rehabilitation to address significant defects.
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 = 101059, living area = 1232.
Prime Location: Positioned in a highly desirable Joshua Tree area, offering excellent proximity to Joshua Tree National Park, local dining, and essential amenities, enhancing its appeal for residents and potential short-term rentals.
Expansive Lot Size: Boasts a substantial lot of over 2 acres (101,059 sqft), providing ample space for privacy, potential expansion, landscaping, or even future development opportunities, a significant asset in this market.
Significant Value-Add Potential: Presents an ideal opportunity for investors or buyers seeking to customize and add substantial value through renovation, supported by its 'as-is' sale and attractive entry price.
Scenic Desert Views: Features desirable desert views, contributing to the property's aesthetic appeal and offering a quintessential Joshua Tree living experience.
Accessible Entry Price: Listed at an exceptionally low price of $60,000, making it a highly accessible entry point into the Joshua Tree real estate market for a property of this size and lot acreage, despite its condition.
Cons
Extensive Renovation Required: The property is explicitly stated to be in need of significant repairs and renovation, indicating a substantial investment of time and capital will be necessary to bring it to modern standards.
As-Is Sale Condition: Offered strictly in 'as-is' condition, meaning the seller will not undertake any repairs, placing the full burden of due diligence, inspections, and all necessary improvements on the buyer.
Older Construction: Built in 1987, the home's age suggests that major systems and finishes are likely original or outdated, contributing to the need for comprehensive renovation and potential unforeseen costs.