
Cathedral City, California 92234
This property presents a High-Potential Investment Opportunity with a List Price of $399,999—positioned well above the $329,882 Fair Market Value by -21%. While the pricing reflects a premium, the 8,712 sqft lot offers significant Value-Add Potential for those looking to maximize the footprint. With a Condition Rating of 5, the home requires a full interior overhaul. Located near Rio Vista Elementary, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a project with substantial outdoor expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68065 Vista Chino Subject | $399,999* List Price | 3 | 2 | 1,332 | $248 | - |
A 68600 Risueno Road Sold | $378,000 | 3 | 2 | 1,348 | $280 | 0.9 mi |
B 67355 Ovante Road Sold | $415,000 | 3 | 2 | 1,199 | $346 | 0.8 mi |
C 68750 Fortuna Road Sold | $500,000 | 3 | 2 | 1,565 | $319 | 0.7 mi |
D 68120 Empalmo Road Sold | $460,000 | 3 | 2 | 1,573 | $292 | 0.1 mi |
E 68045 Vista Chino Sold | $300,000 | 2 | 2 | 1,399 | $214 | 0.0 mi |
F 68110 Empalmo Road Pending | $439,000 List Price | 3 | 2 | 1,477 | $297 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (39 years old) and described as 'mostly original,' the property exceeds the 30-year threshold for poor condition without significant renovation. Interior images confirm dated popcorn ceilings, original 1980s bathroom vanities, and aged carpeting, indicating the home requires a full rehab to modernize systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1332.
Priced competitively at $399,999, this property offers a significant opportunity for investors or primary buyers to build equity through modern renovations and personalization.
The generous 8,712 sqft lot provides ample space for high-value outdoor additions such as a private pool, spa, or professional landscaping, which are highly sought after in the desert market.
As a 'mostly original' 1985 build, the home likely requires a full cosmetic overhaul to meet current market standards for flooring, cabinetry, and fixtures.
The property is positioned as a fixer-upper, meaning buyers will need to budget for significant upfront renovation costs immediately following the close of escrow.
Full of potential and priced to sell, this mostly original home offers a wonderful opportunity to update and personalize to your own style. Situated on a large lot with an expansive backyard, there is plenty of room to create the outdoor space of your dreams -- add a pool, entertaining area, garden, or private retreat. Inside, the home features a comfortable layout with abundant natural light and endless possibilities for customization. Conveniently located near shopping, dining, golf, and desert amenities, this property is ideal as a full-time residence, seasonal getaway, or investment opportunity.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.8 mi
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 | 1,332 | 1,747.5 | 15% |
| Lot Size | 8,712 | 7,841 | 65% |
| Price | $400.0K | $552.5K | 10% |
| Price per sq ft | $300 | $316 | 39% |
| Built year | 1985 | 1990 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 168 | 1% |
May 29, 2026
$399,999
Initial Listing