68123 Calle Las Tiendas, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath

68123 Calle Las Tiendas, Desert Hot Springs, California 92240 home-pic-0

68123 Calle Las Tiendas

Desert Hot Springs, California 92240

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,134Sq Ft
9,148Lot Size

Property Price

LIST PRICE$325,000
EST. MARKET VALUE
$340,845
4% BelowMARKET VALUE

SUMMARY

Analysis of 68123 Calle Las Tiendas, Desert Hot Springs, California 92240 reveals a Prime Investment Opportunity with a current list price of $325,000—significantly undercutting the $340,845 Fair Market Value by 4%. This valuation gap indicates a +$15,845 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$340,845 +$15,845 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Desert Hot Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
68123 Calle Las Tiendas
Subject
$325,000*
List Price
321,134$301-
A
12720 Catalpa Avenue
Sold
$350,000321,248$2800.4 mi
B
13777 Inaja Street
Sold
$400,000321,290$3100.3 mi
C
67760 Pequena Drive
Sold
$372,000321,571$2370.3 mi
D
13400 Hidalgo Street
Active Under Contract
$355,000
List Price
321,209$2940.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Despite being built in 1977, this property has undergone significant and modern renovations, particularly in the kitchen and bathrooms. The kitchen features updated grey and white shaker cabinets, dark speckled granite/quartz countertops, and a suite of stainless steel appliances (dishwasher, range, microwave), with a newer white refrigerator. Both bathrooms have modern vanities, updated fixtures, and clean tiling in the showers/tubs. The flooring throughout the living areas and some bedrooms is modern laminate, while other bedrooms have well-maintained ceramic tile. The interior walls are freshly painted, and windows appear to be updated. The HVAC unit also looks newer. These extensive updates, likely within the last 5-15 years, make the home move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 9148, living area = 1134.

  • Panoramic Mountain Views

    The property boasts endless panoramic mountain views, city lights, and peaceful sunsets, offering a serene and picturesque living experience.

  • Owner Financing Available

    A significant advantage for buyers, the availability of owner financing can simplify the purchase process and open doors to a wider range of prospective owners.

CONSRISKS & DEFICIENCIES

  • Age of Property

    Built in 1977, the property is older, which may suggest dated systems or design elements that could require future maintenance or upgrades, despite being move-in ready.

  • Desert Hot Springs Location

    While offering tranquility, Desert Hot Springs may not appeal to all buyers seeking a more bustling urban environment or specific amenities found in larger cities, and the desert climate can be extreme.

  • Lack of Specific Modern Upgrades

    Although move-in ready, the description does not detail recent major renovations or modern features (e.g., updated kitchen, bathrooms, energy-efficient systems), which could be a consideration for some buyers.

About 68123 Calle Las Tiendas

OWNER FINANCING AVAILABLE!Wake up to endless panoramic mountain views and the quiet beauty of desert living in this move-in ready 3-bedroom, 2-bath home. Designed for comfort and simplicity, this home offers the perfect space to slow down, breathe, and truly enjoy where you live.Located just 15 minutes from Cathedral City, you're close enough to everything you need while still feeling worlds away. Spend your days exploring nearby natural hot springs and spas, running quick errands to local grocery stores, or enjoying peaceful sunsets right from home.Whether this is your first place to call your own, a relaxing desert escape, or a smart investment, this home offers warmth, tranquility, and opportunity. It's a place to create memories, find balance, and start your next chapter already move-in ready and waiting for you.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1977
Lot Size
9,148 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Desert Hot Springs Unified Schools

Julius Corsini Elementary School

Grades K-5 • 1.6 mi

4/10

Desert Springs Middle School

Grades 6-8 • 1.3 mi

4/10

Desert Hot Springs High School

Grades 9-12 • 2.3 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,1341,675
6%
Lot Size9,1487,841
70%
Price$325.0K$404.0K
14%
Price per sq ft$287$250
79%
Built year19772004
14%
HOA$0$0
50%
Days on market75199
7%

Pricing History

Listed for Sale

Dec 22, 2025

$325,000

Initial Listing

Sold

Aug 15, 2001

$95,000

Public Record

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