708 Palm Avenue, Coachella, California 92236, Coachella, 92236 - 3 bed, 1 bath
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708 Palm Avenue
Coachella, California 92236
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
1Baths
988Sq Ft
6,534Lot Size
Property Price
LIST PRICE$310,000
EST. MARKET VALUE
$318,513
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $310,000—positioned well below the $318,513 Fair Market Value by 2%. This valuation gap offers $8,513 in Instant Equity. Featuring a 6,534-square-foot lot and distant mountain views, the home has a Fair Condition Rating (4/10), indicating a need for modernization. Its rapid nine-day market velocity confirms strong demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in the Coachella Valley.
Estimated Market Value
$318,513
Based on Realkey algorithm analyzing recent comparable sales in Coachella.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 708 Palm Avenue Subject | $310,000* List Price | 3 | 1 | 988 | $322 | - |
A 1449 3rd Street Sold | $340,000 | 2 | 1 | 840 | $405 | 0.1 mi |
B 85164 Bagdad Avenue Sold | $299,000 | 2 | 1 | 957 | $312 | 0.3 mi |
C 1443 2nd Sold | $399,000 | 4 | 3 | 1,175 | $340 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1947, this 77-year-old property significantly exceeds the 20-year threshold for dated systems. While the exterior appears maintained in photos, the listing description 'ready for its next owner to make it their own' and the lack of mentioned upgrades suggest the kitchen, bath, and core systems (HVAC/Electric) are dated and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Entry-Level Affordability
Priced competitively at $310,000, this property serves as an ideal entry point for first-time homebuyers or investors looking for a foothold in the Coachella market.
- Expansive Lot
The 6,534-square-foot lot offers significant outdoor space for future expansions, ADU potential, or personalized landscaping, which is rare for this price point.
- Strong Market Velocity
Going under contract in just nine days demonstrates high demand and liquidity, suggesting the property is well-positioned within the current local market.
CONSRISKS & DEFICIENCIES
- Single Bathroom Limitation
With three bedrooms but only one bathroom, the layout may pose functional challenges for larger families or multi-resident households.
- Vintage Construction
Built in 1947, the property may require significant capital expenditure for modernizing systems like electrical, plumbing, or HVAC to meet contemporary efficiency standards.
About 708 Palm Avenue
Great Home for first time home buyers!This inviting property offers a wonderful opportunity to own a home in the heart of the Coachella Valley. Featuring a comfortable and functional floor plan with spacious living areas, this home is ready for its next owner to make it their own. Enjoy a generously sized lot with plenty of outdoor space for entertaining, family gatherings, or creating your own private retreat. Conveniently located near schools, shopping, dining, parks, and major roadways, with easy access to everything Coachella and the surrounding desert communities have to offer. Whether you're first time homebuyer, looking for your next home, or searching for an investment opportunity, 708 Palm Avenue is a must see! Schedule your private showing today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 2.5 |
| Square foot | 988 | 1,754.8 |
| Lot Size | 6,534 | 6,595.143 |
| Price | $310.0K | $471.7K |
| Price per sq ft | $314 | $293 |
| Built year | 1947 | 2006 |
| HOA | $0 | $266 |
| Days on market | 22 | 62 |
Pricing History
Listed for Sale
Aug 22, 2026
$310,000
$275,000
+13% Price Increase
Initial Listing
Price Change
Aug 18, 2026
$275,000
Initial Listing
Sold
Dec 2, 2008
$120,000
Public Record
Sold
Aug 2, 2006
$250,000
Public Record
Sold
Oct 18, 2005
$80,000
Public Record