
29 Palms, California 92277
This property presents a High-Potential Investment Opportunity with a List Price of $159,000—positioned well above the $142,413 Fair Market Value by 11%. While the property requires significant capital expenditure due to its Condition Rating of 5, the large 8,260 sqft lot and scenic desert views provide a solid foundation for value-add renovations. With a proven rental history and proximity to local schools, this asset is well-suited for Buy-and-Hold Investors or Contractors seeking a project with long-term income potential.
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 evidence of recent renovations. The exterior shows significant wear, peeling stucco, and dated mechanical systems including an old roof-mounted evaporative cooler and window AC units. Marketed as an 'investment opportunity' and 'priced to sell,' it likely requires a full rehab of the kitchen, bathroom, and electrical/plumbing systems 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.
Priced competitively at $159,000 with a documented solid rental history, this property offers an accessible entry point for investors or first-time homebuyers.
The property boasts desirable views of the surrounding mountains, hills, and desert landscape, which adds significant aesthetic value and appeal for residents.
With only 841 square feet and a single bathroom, the compact layout may limit the property's appeal to larger families or those seeking more spacious accommodations.
Built in 1959, the home likely requires modernization of its original systems and finishes to meet contemporary standards and improve energy efficiency.
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 | 1,205.897 |
| Lot Size | 8,260 | 15,574.879 |
| Price | $159.0K | $259.5K |
| Price per sq ft | $189 | $203 |
| Built year | 1959 | 1974 |
| HOA | $0 | $250 |
| Days on market | 56 | 98 |
Jul 15, 2026
$159,000
Initial Listing
Jul 3, 1997
$2,000
Public Record