7402 Saladin Avenue, 29 Palms, California 92277, 29 Palms, 92277 - 2 bed, 2 bath
ACTIVE$172,000$864/sqft
7402 Saladin Avenue, 29 Palms, California 92277
2Beds
2Baths
864Sqft
11,250Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 11250, living area = 864.
Top Cons:
Sold 'As-Is' Condition: The property is sold in 'as-is' condition with no lender's repairs, potentially requiring immediate buyer investment for maintenance or upgrades.
Compared to the nearby listings
Price:$172.0K vs avg $260.2K ($-88,250)14%
Size:864 sqft vs avg 1,220 sqft19%
Price/sqft:$199 vs avg $22233%
More Insights
Built in 1954 (72 years old).
Condition: The property has undergone a very recent and extensive interior renovation, featuring a modern kitchen with new white shaker cabinets, grey countertops, patterned tile backsplash, and stainless steel appliances. The bathroom is also fully updated with a contemporary vanity, vessel sink, and tiled shower/tub. New laminate flooring and fresh paint are throughout, making it move-in ready. However, the property was originally built in 1954, is sold 'as-is,' and relies on window AC units for cooling, which prevents it from reaching an 'Excellent' rating despite the pristine interior.
Year Built
1954
Close
-
List price
$172K
Original List price
$175K
Price/Sqft
$199
HOA
-
Days on market
-
Sold On
-
MLS number
CV25094726
Home ConditionGood
Features
Good View: Desert
Patio
ViewDesert
About this home
Amazing 2 bedrooms 2 bath and a laundry room. Property is within minutes away from Joshua Tree National park entrance! Property has been transformed to match those with great taste. This is very ideal for investing rent on this areas are on high demand. Property is subject to Lien holder approval and all terms are finalized by short sale negotiator. Property is ideal for cash or hardmoney loan. Property is sold in “as is conditions” with no lender’s repairs. SHORT SALE HAS BEEN APPROVED AT $176,000
A
Alexander Ayala
Listing Agent
Nearby schools
2/10
Palm Vista Elementary School
Public,•K-6•0.7mi
4/10
Twentynine Palms Junior High School
Public,•7-8•2.0mi
5/10
Twentynine Palms High School
Public,•9-12•2.9mi
Condition Rating
Good
The property has undergone a very recent and extensive interior renovation, featuring a modern kitchen with new white shaker cabinets, grey countertops, patterned tile backsplash, and stainless steel appliances. The bathroom is also fully updated with a contemporary vanity, vessel sink, and tiled shower/tub. New laminate flooring and fresh paint are throughout, making it move-in ready. However, the property was originally built in 1954, is sold 'as-is,' and relies on window AC units for cooling, which prevents it from reaching an 'Excellent' rating despite the pristine interior.
Pros & Cons
Pros
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 = 11250, living area = 864.
Prime Tourist Location: Located minutes from Joshua Tree National Park entrance, offering significant appeal for tourism and short-term rentals.
Strong Investment Opportunity: Explicitly identified as ideal for investment due to high rental demand in the area.
Tastefully Transformed Interior: The property has undergone a recent transformation, suggesting a modern and appealing aesthetic for discerning buyers.
Approved Short Sale Price: Short sale has been approved at a competitive price ($176,000), streamlining the purchase process for qualified buyers.
Desirable Desert Views: Features attractive desert views, enhancing the property's aesthetic appeal and connection to the natural surroundings.
Cons
Sold 'As-Is' Condition: The property is sold in 'as-is' condition with no lender's repairs, potentially requiring immediate buyer investment for maintenance or upgrades.
Restricted Financing Options: Requires cash or hard money financing, significantly limiting the pool of potential buyers and excluding conventional loan applicants.
Age of Property: Built in 1954, the property's age, despite recent updates, may present potential for unforeseen maintenance or structural issues.