66320 3rd, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 1 bed, 1 bath
66320 3rd
Desert Hot Springs, California 92240
Property Price
SUMMARY
Analysis of 66320 3rd, Desert Hot Springs, California 92240 reveals a property with a current list price of $259,999, which is 11% above the estimated $232,913 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 |
|---|---|---|---|---|---|---|
★ 66320 3rd Subject | $259,999* List Price | 1 | 1 | 804 | $290 | - |
A 66155 2nd Street Sold | $250,000 | 2 | 1 | 950 | $263 | 0.2 mi |
B 66010 Granada Avenue Sold | $249,000 | 2 | 1 | 850 | $293 | 0.7 mi |
C 66194 1st Street Active | $250,000 List Price | 3 | 1 | 959 | $261 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1951, this property is over 70 years old with no indication of significant recent renovations. The listing emphasizes 'potential' and includes architectural plans to convert the existing home, strongly suggesting the current 1-bed, 1-bath structure requires substantial rehabilitation. The absence of interior photos, especially of the kitchen and bathroom, typically indicates these areas are outdated and in poor condition, needing major updates to systems, finishes, and appliances. The property analysis also highlights 'Age of Construction' as a weakness, indicating a need for updates to infrastructure and systems.
PROSSTRENGTHS & OPPORTUNITIES
- Pre-Approved Expansion & ADU Plans
The property includes architectural plans to convert the existing home into a 2-bedroom, 2-bathroom residence and to build an 800 sq ft, 2-bedroom, 2-bathroom ADU, offering significant value-add and income potential.
- Strong Investment Opportunity
Positioned as an ideal asset for investors or homeowners seeking to capitalize on multi-generational living or rental income, with clear future upside potential.
- Prime Location & Accessibility
Conveniently located near essential amenities, dining, and local attractions, with easy access to Palm Springs and major commuter routes.
CONSRISKS & DEFICIENCIES
- Limited Current Living Space
The existing home is a compact 1-bedroom, 1-bathroom unit spanning only 804 sq ft, which may not meet the immediate needs of larger households without the planned expansions.
- Age of Construction
Built in 1951, the property is over 70 years old, potentially indicating the need for updates to infrastructure, systems, or finishes beyond the planned expansions.
- Buyer Verification of Plans Required
Buyers are explicitly responsible for verifying all building plans, permits, zoning, and ADU feasibility with the City, which could introduce unforeseen complexities or delays.
About 66320 3rd
Welcome to this desert home nestled in a quiet neighborhood of Desert Hot Springs, offering endless potential for homeowners and investors alike. Situated on a spacious lot, this property features a functional layout, ample driveway parking, and a low-maintenance desert landscape—perfect for enjoying the serene surroundings and nearby mountain views. One of the standout features of this property is that it includes architectural plans to convert the existing home into a 2-bedroom, 2-bathroom residence, as well as plans to build an approximately 800 sq ft, 2-bedroom, 2-bathroom ADU. This creates an incredible opportunity for multi-generational living, rental income, or a value-add investment. Conveniently located near shopping, dining, and local attractions, with easy access to Palm Springs and major commuter routes, this property combines location, flexibility, and future upside. Whether you’re looking to customize your primary residence or capitalize on Desert Hot Springs’ growing demand, this home offers a rare opportunity with expansion plans already in place. Buyer to verify all building plans, permits, zoning, and ADU feasibility with the City of Desert Hot Springs.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 1
- 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 | 1.0 | 3.0 | 1% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 804 | 1,675 | 1% |
| Lot Size | 6,534 | 7,841 | 22% |
| Price | $260.0K | $404.0K | 5% |
| Price per sq ft | $323 | $250 | 94% |
| Built year | 1951 | 2004 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 199 | 1% |
Pricing History
Listed for Sale
Jan 24, 2026
$259,999
Initial Listing
Sold
Nov 12, 2021
$145,000
Public Record
Sold
Nov 30, 2017
$89,000
Public Record
Sold
Jun 12, 2013
$43,000
Public Record