66157 Avenida Cadena, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath
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Desert Hot Springs, California 92240
This Value-Add Residential Asset is listed at $365,000, currently positioned above its $232,178 Fair Market Value to account for its significant development potential. Holding a Condition Rating of 5, the 1977-built structure requires a comprehensive interior and systems overhaul, yet offers a functional 1,342 sqft floor plan. Key features include owned solar panels and a large 7,405 sqft lot with high utilization potential. Located near essential amenities in the Palm Springs Unified district, this property is a prime acquisition for Fix-and-Flip Investors or Contractors ready to execute a full-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 66157 Avenida Cadena Subject | $365,000* List Price | 3 | 2 | 1,342 | $173 | - |
A 9724 Valencia Drive Sold | $370,000 | 3 | 2 | 1,591 | $233 | 0.5 mi |
B 66042 12th Street Sold | $345,900 | 3 | 2 | 1,216 | $284 | 0.4 mi |
C 66247 Avenida Suenos Sold | $340,000 | 3 | 2 | 1,322 | $257 | 0.1 mi |
D 9095 Calle Barranca Sold | $435,000 | 3 | 2 | 1,739 | $250 | 0.3 mi |
E 65821 Avenida Ladera Sold | $420,000 | 3 | 2 | 1,650 | $255 | 0.3 mi |
F 9051 Calle Del Diablo Active | $299,000 List Price | 3 | 2 | 1,134 | $264 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977, this property is 47 years old with no mention of significant renovations. The seller has never occupied the property, indicating a lack of knowledge regarding its current condition and maintenance history. While the exterior appears functional, the age strongly suggests that major systems (HVAC, plumbing, electrical) are likely original or very old and nearing the end of their lifespan, requiring substantial repairs or replacement. Without interior photos, it's highly probable that the kitchen and bathrooms are severely outdated, necessitating extensive rehabilitation to meet modern standards. The description's emphasis on 'potential for customization' further supports the need for significant updates.
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 = 1342.
The property benefits from owned solar panels, offering significant potential for reduced energy costs and environmental benefits, enhancing long-term value.
Positioned as an excellent opportunity for both owner-occupants and investors, indicating a wide target audience and strong market interest in a growing desert community.
While owned, the operational status of the solar panels is unknown, presenting an immediate uncertainty and potential cost for verification or repair for the buyer.
Built in 1977, the home is nearly 50 years old, which may necessitate updates to major systems (e.g., HVAC, plumbing, electrical) in the near future, incurring additional costs.
The seller has never occupied the property, which typically means limited disclosure regarding its history, condition, and potential hidden issues, potentially leading to unforeseen expenses for the buyer.
Welcome to this single-family residence located in the City of Desert Hot Springs. Situated on a residential street, this property offers a functional floor plan with comfortable living spaces and great potential for customization. The home features solar panels owned outright; however, the operational status is unknown, as the seller has never occupied the property. Conveniently located near local schools, shopping, dining, and major roadways, providing easy access throughout the Coachella Valley. This property presents an excellent opportunity for an owner-occupant or investor seeking value in a growing desert community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,342 | 1,675 | 20% |
| Lot Size | 7,405 | 7,841 | 46% |
| Price | $365.0K | $400.0K | 29% |
| Price per sq ft | $272 | $244 | 73% |
| Built year | 1977 | 2004 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 188 | 13% |
Jan 21, 2026
$365,000
Initial Listing
Dec 3, 2019
$235,000
Public Record
Mar 23, 2016
$110,500
Public Record