786 Molokai Avenue, Thermal, California 92274, Thermal, 92274 - 4 bed, 2 bath

786 Molokai Avenue
Thermal, California 92274
Property Price
SUMMARY
Analysis of 786 Molokai Avenue, Thermal, California 92274 reveals a Fairly Priced Property with a current list price of $297,000 aligned with the estimated $304,279 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Thermal Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1985, this property has undergone a comprehensive, top-to-bottom renovation, making it virtually new inside. The kitchen features new white shaker cabinetry, quartz countertops, modern black fixtures, and new stainless steel appliances. Both bathrooms are completely renovated with modern vanities, new fixtures, and tiled showers/tubs. New laminate flooring, fresh paint, and modern light fixtures/ceiling fans are present throughout, indicating an extensive renovation likely completed within the last 5 years, meeting current quality standards with no deferred maintenance.
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 = 9998, living area = 1372.
- Comprehensive Remodel
The property has been thoughtfully updated from top to bottom, including a refreshed exterior, upgraded kitchen with quartz countertops and new cabinetry, and completely renovated bathrooms, making it truly move-in ready.
- Affordable Price Point
Listed under $300K, this fully remodeled home offers exceptional value in today's market, appealing to both homeowners and investors seeking a turnkey property.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1372, other record living area = 1279.
- Geographic Location
The property's location in Thermal, a more rural and agricultural area, may limit access to certain urban amenities and could be a factor for buyers seeking a more developed community.
- Age of Core Systems
Despite extensive cosmetic remodeling, the home was built in 1985, suggesting that some underlying systems (e.g., plumbing, electrical) might still be original or older, potentially requiring future maintenance.
About 786 Molokai Avenue
Welcome to this beautifully remodeled 4 bedroom, 2 bathroom home offering 1,372 square feet of comfortable living space and an exceptional value in today's market. This property has been thoughtfully updated from top to bottom, making it truly move-in ready for its next owner. From the moment you arrive, you'll notice the refreshed exterior that sets the tone for the quality found throughout the home.Inside, the home features stylish laminate flooring throughout, creating a clean and modern feel. The upgraded kitchen is highlighted by quartz countertops, updated cabinetry, and a functional layout that opens seamlessly to the living and dining areas, perfect for everyday living and entertaining. Both bathrooms have been completely renovated with modern finishes, offering a fresh and spa like experience. Additional improvements include a dedicated laundry room, adding convenience and functionality rarely found at this price point. The spacious floor plan provides flexibility for families, remote work, or guests, while the large windows allow for ample natural light throughout the home. Situated on a nearly 10,000 square foot lot, the expansive backyard offers endless possibilities with room for entertaining, play, future expansion, or potential value-add opportunities. Whether you're a homeowner looking for space to grow or an investor seeking a turnkey rental with strong appeal, this property checks all the boxes.Affordable, fully remodeled homes like this are hard to find. Don't miss your opportunity to own a turnkey property under $300K. Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 9,998 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 69% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,372 | 1,500 | 49% |
| Lot Size | 9,998 | 10,157 | 26% |
| Price | $297.0K | $307.0K | 37% |
| Price per sq ft | $216 | $207 | 60% |
| Built year | 1985 | 2006 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 176 | 9% |
Pricing History
Listed for Sale
Dec 29, 2025
$297,000
Initial Listing
Sold
Mar 21, 2023
$80,000
Public Record
Sold
Apr 16, 2001
$49,000
Public Record
























