67932 67932 Presswood, 29 Palms, California 92277, 29 Palms, 92277 - bed, 1 bath
ACTIVE$149,000
67932 67932 Presswood, 29 Palms, California 92277
0Bed
1Bath
520Sqft
217,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217000, living area = 520.
Top Cons:
Significant Age & Required Updates: Built in 1934, the property is very old, indicating a high likelihood of outdated systems (plumbing, electrical) and finishes requiring extensive modernization.
Compared to the nearby listings
Price:$149.0K vs avg $278.4K ($-129,450)9%
Size:520 sqft vs avg 1,248 sqft4%
Price/sqft:$287 vs avg $22484%
More Insights
Built in 1934 (91 years old).
Condition: Built in 1934, this property shows severe signs of age and neglect. The exterior features peeling paint and weathered siding, while the interior image reveals exposed studs, no finished walls, and what appears to be a dirt or very rough subfloor. There are no visible kitchen or bathroom fixtures, finished flooring, or modern amenities. The structure is essentially a raw shell, making it unlivable in its current condition and requiring a complete interior build-out, if not full demolition, to be habitable. The value is primarily in the five-acre land parcel.
Year Built
1934
Close
-
List price
$149K
Original List price
$149K
Price/Sqft
$287
HOA
-
Days on market
-
Sold On
-
MLS number
OC25234558
Home ConditionTear down
Features
Good View: Desert
ViewDesert
About this home
Solid building on five acres. Forever view to the surrounding area! Make an offer.
Condition Rating
Tear down
Built in 1934, this property shows severe signs of age and neglect. The exterior features peeling paint and weathered siding, while the interior image reveals exposed studs, no finished walls, and what appears to be a dirt or very rough subfloor. There are no visible kitchen or bathroom fixtures, finished flooring, or modern amenities. The structure is essentially a raw shell, making it unlivable in its current condition and requiring a complete interior build-out, if not full demolition, to be habitable. The value is primarily in the five-acre land parcel.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217000, living area = 520.
Expansive Lot Size: The property boasts a substantial five-acre lot, offering significant privacy, potential for expansion, or future development opportunities.
Scenic Desert Views: Enjoy 'forever views' of the surrounding desert landscape, providing a tranquil and picturesque setting.
Affordable Entry Price: Listed at $149,000, this property presents a highly accessible price point for a five-acre parcel with an existing structure in California.
Solid Structural Foundation: Described as a 'solid building,' suggesting good underlying structural integrity despite its age, which is a key advantage for renovation projects.
Investment & Development Potential: The large, affordable lot combined with the existing structure offers considerable potential for a personal retreat, rental income, or future development.
Cons
Significant Age & Required Updates: Built in 1934, the property is very old, indicating a high likelihood of outdated systems (plumbing, electrical) and finishes requiring extensive modernization.
Limited Living Space: The existing structure is a compact 520 square feet, which may be insufficient for many buyers and limits immediate functionality.
Absence of Modern Amenities: Given its vintage, the property likely lacks contemporary conveniences, energy efficiency, and updated infrastructure, necessitating substantial investment for comfort and functionality.