68150 Calle Blanco, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 2 bed, 2 bath
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Desert Hot Springs, California 92240
This property presents a High-Potential Investment Opportunity with a List Price of $279,000—positioned well below the $208,212 Fair Market Value by -33%. Featuring a Condition Rating of 5, this asset requires a full rehab to address structural and safety concerns. The inclusion of a Solar System and Mountain/Desert Views provides significant long-term value. Given the distressed status and financing limitations, this project is best suited for Fix-and-Flip Investors or Contractors capable of managing a comprehensive renovation to unlock the property's underlying potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68150 Calle Blanco Subject | $279,000* List Price | 2 | 2 | 1,118 | $186 | - |
A 13400 Hidalgo Street Sold | $355,000 | 3 | 2 | 1,209 | $294 | 0.4 mi |
B 13255 Quinta Pending | $199,999 List Price | 2 | 2 | 1,120 | $179 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 and marketed as a 'handyman' special, the property shows significant signs of neglect including exposed plumbing, boarded-up interior doors, and a deteriorating exterior. While it features a newer water heater and solar, the overall condition requires a full rehab to address safety and structural concerns.
The inclusion of a solar system provides significant value and energy cost savings, which is a highly desirable feature for the desert climate.
Situated in upper Desert Hot Springs, the property boasts impressive desert and mountain views, enhancing its aesthetic appeal and long-term marketability.
Priced competitively for the area, this property offers a strong opportunity for investors or DIY buyers to build equity through strategic renovations.
As a Cal Vet repossession sold strictly as-is without warranties, buyers should anticipate the need for immediate repairs and thorough due diligence.
The unavailability of Cal Vet financing and the property's distressed status may limit loan options, potentially narrowing the buyer pool to cash or conventional investors.
Good opportunity for the Investor or handiman. 2 Bedroom, 2 Bath home in upper Desert Hot Springs. 2 car garage. Solar system on the property. Property is a Cal Vet Repossession being sold AS-IS without representation or warranty. All offers will be considered and all offers will be subject to seller acceptance. Cal Vet financing is not available on this property.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,118 | 1,666 | 5% |
| Lot Size | 6,970 | 7,841 | 24% |
| Price | $279.0K | $399.0K | 7% |
| Price per sq ft | $250 | $245 | 57% |
| Built year | 1960 | 2004 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 178 | 1% |
May 28, 2026
$279,000
Initial Listing
Jul 2, 2020
$225,000
Public Record
Dec 21, 2004
$170,000
Public Record
Apr 1, 1996
$38,000
Public Record