
Desert Hot Springs, California 92240
This Value-Add Residential Asset is listed at $300,000, representing a strategic entry into a market where comparable properties are pending as high as $350,000. While the current $268,908 Fair Market Value reflects a Condition Rating of 5 due to significant deferred maintenance and original 1962 finishes, the property offers substantial upside. The 7,841 sqft pool-sized lot and Mountain Views provide a premium foundation for forced appreciation through modernization. This project is a high-potential acquisition for Fix-and-Flip Investors or Contractors ready to revitalize a mid-century home in a high-demand spa destination.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 66822 Cahuilla Avenue Subject | $300,000* List Price | 3 | 2 | 1,386 | $149 | - |
A 66846 Desert View Avenue Sold | $280,000 | 3 | 2 | 1,402 | $200 | 0.1 mi |
B 13285 Caliente Drive Sold | $320,000 | 3 | 2 | 1,355 | $236 | 0.6 mi |
C 13198 La Mesa Drive Sold | $295,000 | 3 | 2 | 1,400 | $211 | 0.6 mi |
D 66304 8th Street Sold | $374,900 | 3 | 2 | 1,595 | $235 | 0.9 mi |
E 12300 Pomelo Drive Active | $359,000 List Price | 3 | 2 | 1,360 | $264 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962, this property is over 60 years old and shows significant signs of age and deferred maintenance. The kitchen features original-style wood cabinets, dated laminate countertops, and older white appliances, requiring a complete overhaul. Both bathrooms are highly outdated with pink and striped wallpaper, old fixtures, and dated flooring, indicating no significant renovations in decades. The interior boasts worn, dated shag carpeting and popcorn ceilings throughout. A visible window AC unit suggests an outdated or insufficient cooling system. While the structure may be 'well built' as per the description, the cosmetic and functional components are severely outdated and require substantial rehabilitation to meet modern standards and comfort.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1386.
The property boasts an ideal location close to essential amenities such as shopping, transportation, and schools, and is conveniently near popular attractions like hot mineral spas, Palm Springs, Coachella Festival, PGA-Golf, pickleball, entertainment venues, casinos, and a water park.
Offers attractive mountain views, enhancing the property's aesthetic appeal and providing a pleasant backdrop for residents.
Built in 1962, the property is over 60 years old, which may imply a need for updates to major systems (e.g., HVAC, plumbing, electrical) or cosmetic renovations to meet modern buyer expectations.
The presence of chainlink fencing, while functional, may detract from the property's overall curb appeal and privacy compared to more modern or solid perimeter fencing options.
While described as 'well built,' the listing does not explicitly mention recent significant renovations or system upgrades, suggesting potential for buyer-funded modernization or addressing deferred maintenance typical of a home from its era.
Charming Three bedrooms two bath 1,380 sf plus large two car garage covered patio mature landscape, chainlink fencing, and block wall.Well built bargin sold as-is seller will do no repairs. Excellent floorplan seperation of bedrooms. Plenty of storage, hardwood cabinets closets pantry coat-closet, hall closet. Mid-century waiting for your modern touch.Mt.views Ideal location close to shopping transportation school hot mineral spa's. Near Palm Springs El Paseo Coachella Fest PGA-Golf Pickle ball entertainment casinos water park.
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 | 1,386 | 1,675 | 24% |
| Lot Size | 7,841 | 7,841 | 50% |
| Price | $300.0K | $400.0K | 11% |
| Price per sq ft | $216 | $244 | 26% |
| Built year | 1962 | 2004 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 152 | 188 | 36% |
Nov 21, 2025
$300,000
Initial Listing