
Cathedral City, California 92234
This property presents a High-Potential Investment Opportunity with a List Price of $210,000—positioned well above the $143,412 Fair Market Value by 46%. While the current pricing reflects a premium, the unit offers significant value-add potential for those capable of managing a full renovation. Featuring a Condition Rating of 5, this original 1976 corner unit includes an attached two-car garage and access to five community pools and spas. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a project to modernize a well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68327 Camino Jalan Subject | $210,000* List Price | 1 | 2 | 1,029 | $139 | - |
A 35401 Calle Sonseca Sold | $271,000 | 2 | 2 | 1,406 | $193 | 0.6 mi |
B 69130 Gerald Ford Drive 41 Sold | $215,000 | 2 | 2 | 900 | $239 | 1.0 mi |
C 35200 Cathedral Canyon Drive Sold | $260,000 | 2 | 2 | 1,388 | $187 | 0.4 mi |
D 68893 Calle Monforte Pending | $239,500 List Price | 1 | 2 | 1,037 | $231 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Property is in original 1976 condition with no updates in nearly 50 years. The kitchen features dated laminate cabinets, old appliances, and fluorescent lighting. The listing explicitly states to 'bring your contractor,' indicating a need for a full rehab.
Ideally situated as a corner unit directly across from the clubhouse, golf course, and tennis courts, providing residents with immediate access to five community pools and spas.
The property features a rare attached two-car garage and a spacious 1,029 sqft floor plan with two bathrooms, offering significantly more utility and storage than a standard one-bedroom condo.
Priced competitively at $210,000, this unit serves as an excellent entry-level investment or project for a buyer looking to build equity through a custom renovation.
The condo is in its original 1976 condition and requires a full remodel, necessitating a contractor and additional capital investment immediately upon purchase.
The property is subject to a monthly land lease fee in addition to HOA dues, which increases monthly carrying costs and may complicate certain financing options.
Bring your contractor to update this original 1976 condo. This is a one bedroom, two bathroom corner unit with an attached two car garage. Located in association #1, there are five pools and spas to choose from. The unit is located across from the clubhouse, golf and tennis courts. The HOA is reasonable at $575/MO and the land lease is $198.70 a month. It currently runs until 2051 but can be extended to 2061. A great seasonal or full-time residence for someone looking for a smaller, manageable home.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 2.1 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 7% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,029 | 1,335 | 13% |
| Lot Size | - | 1,307 | 20% |
| Price | $210.0K | $290.0K | 4% |
| Price per sq ft | $204 | $233 | 26% |
| Built year | 1976 | 1985 | 12% |
| HOA | $575.0 | $591 | 45% |
| Days on market | 13 | 208 | 1% |
May 24, 2026
$210,000
Initial Listing