62101 Tyler Street, Thermal, California 92274, Thermal, 92274 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$399,900$1,200/sqft
62101 Tyler Street, Thermal, California 92274
4Beds
2Baths
1,200Sqft
41,818Lot
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 = 41818, living area = 1200.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Compared to the nearby listings
Price:$399.9K vs avg $308.5K (+$91,400)78%
Size:1,200 sqft vs avg 1,468 sqft28%
Price/sqft:$333 vs avg $21784%
More Insights
Built in 1958 (68 years old).
Condition: Built in 1958, this bank-owned property is explicitly described as 'in need of rehab' and 'sold as is,' indicating substantial repairs are required. The images confirm this, showing extremely dated and worn conditions throughout. The kitchen features old, dark wood cabinets, worn laminate countertops, and an outdated fluorescent light fixture, with no visible appliances. Both bathrooms are severely outdated with old vanities, fixtures, and dirty, worn tile flooring. The general flooring throughout the house is dirty, damaged tile, and walls show significant wear. The property will not qualify for FHA/VA financing, reinforcing that it requires major rehabilitation and is likely unsafe or uncomfortable in its current state.
Year Built
1958
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$333
HOA
-
Days on market
-
Sold On
-
MLS number
219140949DA
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Bank Owned, This 4-bedroom, 2-bath home on just under an acre in Thermal, CA, sits across from a major upcoming polo, commercial, and residential development. Enclosed by a block wall with a rolling gate, it offers ample RV and storage space. While in need of rehab, its prime location and future growth potential make it a smart investment opportunity! Property is listed as 1200 sq. ft., but it is much larger. Buyer to verify. Property will not qualify for FHA, VA, etc financing. Seller may carry. Property sold as is.
D
David Burke
Listing Agent
Condition Rating
Poor
Built in 1958, this bank-owned property is explicitly described as 'in need of rehab' and 'sold as is,' indicating substantial repairs are required. The images confirm this, showing extremely dated and worn conditions throughout. The kitchen features old, dark wood cabinets, worn laminate countertops, and an outdated fluorescent light fixture, with no visible appliances. Both bathrooms are severely outdated with old vanities, fixtures, and dirty, worn tile flooring. The general flooring throughout the house is dirty, damaged tile, and walls show significant wear. The property will not qualify for FHA/VA financing, reinforcing that it requires major rehabilitation and is likely unsafe or uncomfortable in its current state.
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 = 41818, living area = 1200.
Future Development Potential: Strategically located across from a major upcoming polo, commercial, and residential development, positioning it for significant future appreciation and growth.
Generous Lot Size: The property sits on just under an acre (41,818 sq. ft.), offering ample space for expansion, landscaping, or various outdoor activities.
Investment Opportunity: Explicitly highlighted as a 'smart investment opportunity' due to its prime location and potential for future growth.
Flexible Financing Option: The seller may carry financing, which can be a significant advantage for buyers who may not qualify for traditional loans.
Ample RV/Storage Space & Security: Enclosed by a block wall with a rolling gate, the property provides secure and ample space for RV parking and additional storage.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Extensive Renovation Required: The property is 'Bank Owned' and 'sold as is,' explicitly stating it is 'in need of rehab,' indicating substantial capital investment and effort will be required from the buyer.
Limited Financing Eligibility: The property 'will not qualify for FHA, VA, etc financing,' which significantly restricts the pool of potential buyers to those with conventional loans or cash.
Unverified Property Details: There is a discrepancy in the listed square footage ('1200 sq. ft., but it is much larger. Buyer to verify'), creating uncertainty and requiring additional due diligence from the buyer.