66194 1st Street, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 1 bath
66194 1st Street
Desert Hot Springs, California 92240
Property Price
SUMMARY
Analysis of 66194 1st Street, Desert Hot Springs, California 92240 reveals a property with a current list price of $250,000, which is 15% above the estimated $216,797 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Desert Hot Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 66194 1st Street Subject | $250,000* List Price | 3 | 1 | 959 | $226 | - |
A 66155 2nd Street Sold | $250,000 | 2 | 1 | 950 | $263 | 0.0 mi |
B 66164 6th Street Sold | $200,000 | 2 | 1 | 960 | $208 | 0.3 mi |
C 66055 Flora Avenue Sold | $230,000 | 3 | 3 | 1,134 | $203 | 0.5 mi |
D 66010 Granada Avenue Sold | $249,000 | 2 | 1 | 850 | $293 | 0.5 mi |
E 66954 Flora Ave Avenue Sold | $310,000 | 2 | 2 | 1,204 | $257 | 0.9 mi |
F 66320 3rd Active | $259,999 List Price | 1 | 1 | 804 | $323 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1946, this property requires substantial rehabilitation. While some partial updates like laminate flooring, a mini-split AC, and a tiled shower are present, the kitchen features dated cabinets and tiled countertops, and the bathroom has a basic pedestal sink with rough wall finishes. The overall condition, including the lack of central heating/cooling and worn appearances in several rooms, indicates a need for significant modernization and repairs to meet contemporary living standards.
PROSSTRENGTHS & OPPORTUNITIES
- R-3 Zoning & Development Flexibility
The R-3 zoning offers significant flexibility for future development, including potential multi-unit structures, subject to city verification, presenting a strong investment opportunity.
- Generous Lot Size with ADU Potential
A substantial 6,534 sqft lot provides ample space for expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU), enhancing property utility and value.
- Recent Price Adjustment
A notable price reduction from $295,000 to $250,000 makes this property more competitive and an attractive investment opportunity in the current market.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1946, the property likely requires substantial modernization and updates to meet contemporary standards and preferences, which could incur significant costs.
- Single Bathroom for Three Bedrooms
The presence of only one bathroom for a three-bedroom home may present functional challenges and limit appeal for larger families or multiple occupants.
- Development Contingencies
While offering development potential, the R-3 zoning and ADU possibilities are subject to buyer verification and city approval, indicating potential complexities and additional costs for development.
About 66194 1st Street
***SERIOUS INQUIRIES ONLY. SELLER IS SEEKING STRONG, CLEAN OFFERS.*** Zoned R-3 (buyer to verify), this property offers flexibility for future development. The large yard may accommodate an ADU or additional structures, subject to city approval. With a solid existing home, generous lot size, and convenient location near amenities and major routes, this property presents strong potential for added value.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 959 | 1,675 | 3% |
| Lot Size | 6,534 | 7,841 | 22% |
| Price | $250.0K | $404.0K | 5% |
| Price per sq ft | $261 | $250 | 61% |
| Built year | 1946 | 2004 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 199 | 7% |
Pricing History
Listed for Sale
Jan 20, 2026
$250,000
$295,000
-15% Price Drop
Initial Listing
Price Change
Dec 18, 2025
$295,000
Initial Listing