
Cathedral City, California 92234
This property presents a High-Potential Investment Opportunity with a List Price of $420,000—positioned well above the $362,873 Fair Market Value by -15%. While the listing claims move-in readiness, the Condition Rating of 5 reflects significant deferred maintenance, specifically regarding the pool and landscaping. The large 8,712 sqft lot offers substantial upside for a buyer capable of executing a comprehensive rehab. This asset is best suited for Fix-and-Flip Investors or Contractors prepared to address health hazards and restore the property's value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 68605 Hermosillo Road Subject | $420,000* List Price | 3 | 3 | 1,456 | $249 | - |
A 68750 Fortuna Road Sold | $500,000 | 3 | 2 | 1,565 | $319 | 0.4 mi |
B 30320 Travis Avenue Sold | $490,000 | 3 | 2 | 1,523 | $322 | 0.8 mi |
C 68600 Risueno Road Sold | $378,000 | 3 | 2 | 1,348 | $280 | 0.0 mi |
D 68220 Mccallum Way Sold | $475,000 | 3 | 2 | 1,501 | $316 | 0.9 mi |
E 30525 Avenida Maravilla Sold | $360,000 | 3 | 2 | 1,120 | $321 | 0.6 mi |
F 68875 Minerva Road Sold | $479,000 | 3 | 2 | 1,620 | $296 | 0.3 mi |
G 68110 Empalmo Road Pending | $439,000 List Price | 3 | 2 | 1,477 | $297 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (36 years old) with no documented major renovations. Despite the description claiming a 'sparkling pool' and 'move-in ready' status, the images reveal a severely neglected, green stagnant pool and unmaintained grounds, indicating significant deferred maintenance and potential safety/health hazards requiring rehab.
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 = 1456.
The property features a private sparkling pool, a raised spa, and a spacious covered patio, providing an exceptional backyard retreat perfect for the desert climate.
The home is well-maintained with durable tile flooring throughout, stainless steel appliances, and a functional walk-in pantry, offering immediate comfort for new owners.
The property does not offer the mountain or desert views that are often highly sought after in the Cathedral City area, which may impact its competitive appeal.
With 1,456 square feet of living space, the interior layout is relatively compact for a three-bedroom home, potentially limiting its appeal to buyers seeking larger common areas.
Located in the desirable Panorama neighborhood, this charming 3-bedroom, 2-bath home offers comfort, convenience, and great outdoor living. Enjoy a sparkling pool, raised spa, mature landscaping, and a spacious covered patio perfect for relaxing or entertaining. Inside, you'll find tile flooring throughout, a well-appointed kitchen with stainless steel appliances and a walk-in pantry, plus a direct-access two-car garage. Conveniently located near schools, parks, shopping, and dining, this move-in-ready home is a fantastic opportunity.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,456 | 1,810.5 |
| Lot Size | 8,712 | 8,276 |
| Price | $420.0K | $565.6K |
| Price per sq ft | $288 | $308 |
| Built year | 1988 | 1999 |
| HOA | $0 | $261 |
| Days on market | 46 | 67 |
Jun 6, 2026
$420,000
Initial Listing
Dec 4, 2020
$365,000
Public Record
Feb 28, 2020
$200,000
Public Record
Jul 28, 2010
$135,000
Public Record
Jul 1, 1998
$88,000
Public Record