72337 El Paseo, 29 Palms, California 92277, 29 Palms, 92277 - 3 bed, 2 bath
72337 El Paseo
29 Palms, California 92277
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72337 El Paseo Subject | $175,000* List Price | 3 | 2 | 1,464 | $117 | - |
A 6042 Cahuilla Avenue Sold | $165,000 | 3 | 2 | 1,098 | $150 | 0.4 mi |
B 6062 Daisy Avenue Sold | $155,000 | 3 | 1 | 1,230 | $126 | 0.8 mi |
C 72376 Sunnyslope Drive Sold | $189,000 | 4 | 2 | 1,584 | $119 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1962 bank-owned property is a significant fixer-upper requiring substantial rehabilitation. Images reveal a tarped roof indicating major failure, missing drywall with exposed studs and wiring, and unfinished flooring and walls. The listing explicitly states the home requires extensive repairs and is restricted to cash-only buyers, confirming it does not meet habitability standards for traditional financing.
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 = 8450, living area = 1464.
- Scenic Location
Situated in the desirable Chocolate Drop Mountains area, the property offers stunning panoramic mountain views and a peaceful desert setting that enhances its long-term appeal.
- High Equity Potential
Priced competitively as a bank-owned fixer, this property presents a significant value-add opportunity for investors to build equity through strategic renovations.
CONSRISKS & DEFICIENCIES
- Extensive Repair Needs
The property is a bank-owned fixer-upper requiring significant repairs and a full renovation, which will necessitate a substantial additional capital investment.
- Financing Restrictions
The sale is restricted to cash-only buyers, which limits the potential buyer pool by excluding those who require traditional mortgage financing.
- Aging Infrastructure
Built in 1962, the home likely requires comprehensive updates to major systems such as electrical, plumbing, and HVAC to meet modern building standards.
About 72337 El Paseo
Bank-owned fixer opportunity in the desirable Chocolate Drop Mountains area of 29 Palms! Situated on an expansive 8,000+ sq ft lot, this 3-bedroom, 2-bath home offers incredible potential for investors or buyers ready to create their own desert retreat. Enjoy stunning mountain views in every direction and the peaceful desert setting this area is known for. The property requires repairs and is being sold for cash only. Priced to move—opportunities like this don’t come around often. Bring your vision and tools, and unlock the value. Show today and sell fast!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 8,450 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
29 Palms Unified Schools
Oasis Elementary School
Grades K-6 • 1.0 mi
Twentynine Palms Junior High School
Grades 7-8 • 2.7 mi
Twentynine Palms High School
Grades 9-12 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,464 | 1,193 | 75% |
| Lot Size | 8,450 | 13,640 | 23% |
| Price | $175.0K | $256.5K | 13% |
| Price per sq ft | $120 | $224 | 6% |
| Built year | 1962 | 1972 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 197 | 2% |
Pricing History
Listed for Sale
Feb 4, 2026
$175,000
Initial Listing
Sold
Jun 19, 2020
$180,000
Public Record
Sold
Jul 10, 2019
$38,000
Public Record
Sold
Jan 13, 2010
$65,000
Public Record
Sold
Apr 15, 2004
$85,000
Public Record
Sold
Jul 6, 1998
$42,000
Public Record