66022 Desert View, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 1 bed, 1 bath
ACTIVE$165,900$400/sqft
66022 Desert View, Desert Hot Springs, California 92240
1Bed
1Bath
400Sqft
6,534Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Attractive Price Point: Listed at $165,900, this property offers an affordable entry into the Desert Hot Springs real estate market.
Top Cons:
Cash Only Transaction: The requirement for a cash-only transaction severely limits the pool of potential buyers, as it excludes those who rely on traditional mortgage financing.
Compared to the nearby listings
Price:$165.9K vs avg $405.0K ($-239,100)0%
Size:400 sqft vs avg 1,635 sqft0%
Price/sqft:$415 vs avg $25199%
More Insights
Built in 1952 (74 years old).
Condition: Built in 1952, this property is 72 years old with no evidence of recent renovations. The exterior images show all windows and doors boarded up, exposed electrical conduit, and a general state of severe neglect, indicating the property is currently uninhabitable. The 'CASH ONLY' transaction requirement strongly suggests the property would not qualify for traditional financing due to significant safety, structural, or habitability issues. While no interior images are provided, the exterior condition, age, and transaction type imply that the structure is likely beyond practical repair, and its value is primarily in the land.
Year Built
1952
Close
-
List price
$166K
Original List price
$166K
Price/Sqft
$415
HOA
-
Days on market
-
Sold On
-
MLS number
IV26000606
Home ConditionTear down
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Affordable opportunity in Desert Hot Springs, CA for only $165,900. Great Opportunity to own this single-family home built in 1952 featuring 1 bedrooms and 1 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Taxes, HOA, and Municipal/Utility Liens. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. ***
N
NEVEN SPRALJA
Listing Agent
Price History
Date
Event
Price
02/19/16
Sold
$60,000
12/11/13
Sold
$40,000
Condition Rating
Tear down
Built in 1952, this property is 72 years old with no evidence of recent renovations. The exterior images show all windows and doors boarded up, exposed electrical conduit, and a general state of severe neglect, indicating the property is currently uninhabitable. The 'CASH ONLY' transaction requirement strongly suggests the property would not qualify for traditional financing due to significant safety, structural, or habitability issues. While no interior images are provided, the exterior condition, age, and transaction type imply that the structure is likely beyond practical repair, and its value is primarily in the land.
Pros & Cons
Pros
Attractive Price Point: Listed at $165,900, this property offers an affordable entry into the Desert Hot Springs real estate market.
Seller Incentives: The seller's commitment to pay Taxes, HOA, and Municipal/Utility Liens significantly reduces the buyer's upfront financial burden and potential liabilities.
Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and potential for enjoyment.
Generous Lot Size: A 6,534 sqft lot provides ample outdoor space, offering potential for landscaping, gardening, or future expansion of the dwelling.
Investment Potential: Given its low price, small size, and seller incentives, this property presents an opportunity for investors or those looking to build equity through renovation or expansion.
Cons
Cash Only Transaction: The requirement for a cash-only transaction severely limits the pool of potential buyers, as it excludes those who rely on traditional mortgage financing.
Limited Living Space: With only 400 sqft, 1 bedroom, and 1 bathroom, the property offers very compact living, appealing to a niche market of individuals or minimalist occupants.
Age and Potential Condition: Built in 1952, the home is over 70 years old, suggesting it may require significant updates, repairs, or renovations to meet modern standards and comfort.