62026 Grand View Circle, Joshua Tree, California 92252, Joshua Tree, 92252 - 2 bed, 1 bath

62026 Grand View Circle, Joshua Tree, California 92252 home-pic-0
ACTIVE$359,000
62026 Grand View Circle, Joshua Tree, California 92252
2Beds
1Bath
824Sqft
8,500Lot

Price Vs. Estimate

The estimated value ($294,799.67) is $64,200.33 (17%) lower than the list price ($359,000). This property may be overpriced.

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 = 8500, living area = 824.
Top Cons:
Limited Bathroom Count: The property features only one bathroom for two bedrooms, which may be a functional limitation for families or multiple occupants.

Compared to the nearby listings

Price:$359.0K vs avg $389.5K ($-30,500)38%
Size:824 sqft vs avg 1,238 sqft10%
Price/sqft:$436 vs avg $30872%

More Insights

Built in 1940 (85 years old).
Condition: Despite being built in 1940, this property has undergone significant recent renovations, including newer copper plumbing, a newer roof, a mini-split HVAC system, and porcelain tile flooring. The bathroom has been upgraded with modern fixtures and tile. While the kitchen is functional and clean, it features basic white appliances and laminate countertops, which are not high-end or very modern. The property is move-in ready and well-maintained, aligning with a property extensively renovated within the last 5-15 years, making it 'Good' rather than 'Fair' due to the substantial system and cosmetic updates.
Year Built
1940
Close
-
List price
$359K
Original List price
$375K
Price/Sqft
$436
HOA
-
Days on market
-
Sold On
-
MLS number
GD25246234
Home ConditionGood
Features
Patio
View-

About this home

Joshua Tree Village Single Family Home! Best Location! Close to all! This 2 bedroom, 1 bath home offers newer copper plumbing all the way from the meter and through the house, newer roof and mini-split system, porcelain tile flooring, upgraded bathroom, large dining room area, laundry room, a bonus room for office or workout room. The big back yard has endless possibilities.Two cement driveways make it a pleasure to arrive home. Currently registered as an airbnb. Lots of potential for investor or first time home ownership. JT/RM Zoning. An additional Single Family Home may be possible. Buyers to verify and do their due diligence.

Nearby schools

3/10
Joshua Tree Elementary School
Public,K-60.7mi
3/10
La Contenta Middle School
Public,7-83.4mi
4/10
Yucca Valley High School
Public,9-126.5mi
Condition Rating
Good

Despite being built in 1940, this property has undergone significant recent renovations, including newer copper plumbing, a newer roof, a mini-split HVAC system, and porcelain tile flooring. The bathroom has been upgraded with modern fixtures and tile. While the kitchen is functional and clean, it features basic white appliances and laminate countertops, which are not high-end or very modern. The property is move-in ready and well-maintained, aligning with a property extensively renovated within the last 5-15 years, making it 'Good' rather than 'Fair' due to the substantial system and cosmetic updates.
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 = 8500, living area = 824.
Prime Joshua Tree Village Location: The property boasts a 'Best Location! Close to all!' position within the desirable Joshua Tree Village, offering convenience and appeal.
Significant System Upgrades: Recent renovations include newer copper plumbing, a newer roof, and a modern mini-split HVAC system, reducing immediate maintenance concerns for a buyer.
Proven Income Potential: Currently registered as an Airbnb, this property offers immediate revenue generation and a track record for investors.
Development & Expansion Opportunity: JT/RM zoning allows for the potential construction of an additional single-family home, providing significant future value and utility.
Versatile Interior & Exterior Space: Includes a flexible bonus room suitable for an office or workout space, complemented by a large backyard with 'endless possibilities' for customization.

Cons

Limited Bathroom Count: The property features only one bathroom for two bedrooms, which may be a functional limitation for families or multiple occupants.
Compact Living Space: With 824 sqft, the interior living area is relatively small, potentially limiting appeal for buyers seeking more spacious accommodations.
Price Reduction History: Multiple price reductions from the original list price of $375,000 to $359,000 indicate potential market resistance or an initial overvaluation.

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