
Desert Hot Springs, California 92240
This Value-Add Residential Asset is listed at $260,000, positioned relative to its $176,401 Fair Market Value. Currently holding a Condition Rating of 5, the property is a gutted shell featuring Significant System Upgrades, including all-new permitted plumbing and electrical systems. The expanded 1,473 sq. ft. floor plan includes a primary suite addition and is complemented by a large lot with Mountain Views. Located within the Palm Springs Unified district, this property offers a customizable canvas for forced appreciation. It is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 65812 Acoma Avenue Subject | $260,000* List Price | 2 | 2 | 1,473 | $120 | - |
A 13198 La Mesa Drive Sold | $295,000 | 3 | 2 | 1,400 | $211 | 0.8 mi |
B 66164 6th Street Sold | $200,000 | 2 | 1 | 960 | $208 | 0.6 mi |
C 66072 San Juan Road Sold | $245,000 | 2 | 2 | 1,890 | $130 | 0.9 mi |
D 66672 Flora Avenue Active | $279,000 List Price | 2 | 2 | 1,330 | $210 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This property, built in 1959, is currently undergoing significant renovation, as evidenced by the description and images. While new plumbing and electrical systems have been installed, the interior is gutted to the studs, lacking finished walls, flooring, kitchen, and bathrooms. The exterior also shows signs of neglect with boarded windows and peeling paint. It is not livable in its current state and requires substantial rehabilitation and completion of the renovation work to be habitable. It's not a 'tear-down' as major system upgrades and permitted additions are already in progress, indicating a rehabilitation effort rather than demolition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1473.
Recent permitted renovations include all new plumbing and electrical systems, addressing major concerns typically found in an older home.
Permitted additions, including a full bathroom in the primary bedroom, have increased the total living area to 1,474 sq. ft., enhancing functionality and value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1473, other record living area = 1200.
Built in 1959, the home is older, which may still imply potential for other deferred maintenance or updates beyond the recently renovated systems.
While significant renovations are underway, the description indicates they are not fully completed, requiring the buyer to finish the remaining work.
Charmin older home with fantastic potential! Some renovation work is already underway, giving you a head start on bringing this property back to life. Ideal for buyers seeking a customizable space or an investment opportunity. Renovations included all new plumbing and electrical thought the house. Permitted additions, including a full bathroom in the primary bedroom brings the total living space to 1,474 sq. ft. (Public records shows 1,200 sq ft) Convenient location and strong potential for appreciation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,473 | 1,675 | 31% |
| Lot Size | 7,405 | 7,841 | 46% |
| Price | $260.0K | $400.0K | 5% |
| Price per sq ft | $177 | $244 | 7% |
| Built year | 1959 | 2004 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 151 | 188 | 36% |
Jan 1, 2026
$260,000
$275,000
-5% Price Drop
Initial Listing
Nov 22, 2025
$275,000
Initial Listing
Aug 12, 2020
$169,000
Public Record
Jul 12, 2010
$17,500
Public Record