73957 Casita, 29 Palms, California 92277, 29 Palms, 92277 - 2 bed, 1 bath
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29 Palms, California 92277
This property presents a High-Potential Investment Opportunity with a List Price of $159,000—positioned well above the $142,285 Fair Market Value by -11%. While the home requires significant renovation due to its Condition Rating of 5, the large 8,260 sqft lot and scenic desert views provide a solid foundation for value-add projects. Located within 1.5 miles of local schools, this asset is well-positioned for rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 73957 Casita Subject | $159,000* List Price | 2 | 1 | 841 | $169 | - |
A 6389 West Court Sold | $141,888 | 2 | 1 | 814 | $174 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959 (65+ years old) with no mention of recent renovations. The exterior shows significant deferred maintenance, including peeling stucco and weathered surfaces. Marketed as an investment opportunity, indicating the need for a full rehab of systems and interiors to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8260, living area = 841.
With a proven rental history and a competitive price point of $159,000, this property offers an excellent entry-level opportunity for investors seeking steady cash flow or first-time buyers looking for an affordable starter home.
The property boasts beautiful views of the desert, hills, and mountains, capturing the quintessential High Desert aesthetic which is a significant draw for both long-term tenants and vacation renters.
Built in 1959, the home may require updates to major systems or cosmetic renovations to meet modern standards, potentially increasing the initial capital expenditure for a new owner.
At only 841 square feet, the interior living space is quite compact, which may limit its appeal to larger families or those requiring more spacious common areas.
Investment Opportunity. A Great Starter Home or Rental. Has solid rental history. Close to town. Priced to sell! Make an Offer.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-6 • 1.3 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 841 | 1,193 |
| Lot Size | 8,260 | 17,750 |
| Price | $159.0K | $264.5K |
| Price per sq ft | $189 | $213 |
| Built year | 1959 | 1976 |
| HOA | $0 | $250 |
| Days on market | 7 | 98 |
Jul 15, 2026
$159,000
Initial Listing
Jul 3, 1997
$2,000
Public Record