82962 Panamint Avenue, Trona, California 93562, Trona, 93562 - 2 bed, 1 bath
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Trona, California 93562
This Rehabilitation Project presents a High-Potential Investment Opportunity with a List Price of $39,000—positioned well below the $39,800 Fair Market Value by 2%. This valuation gap offers $800 in Instant Equity for buyers ready to execute a full restoration. Despite its Condition Rating of 5, the asset features existing utility meters, mountain views, and a 9,506-square-foot lot, significantly lowering the barrier for a total rebuild. With flexible seller financing available, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-yield desert asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 82962 Panamint Avenue Subject | $39,000* List Price | 2 | 1 | 1,224 | $33 | - |
A 83040 Magnolia Avenue Active | $42,500 List Price | 3 | 1 | 1,155 | $37 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1918, this property is in a completely gutted state and requires a total rehabilitation. Interior images reveal exposed wall studs, missing ceilings, no functional kitchen or bathroom fixtures, and significant debris throughout. While the utility meters are present, the home is currently unlivable and requires substantial structural and system repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9506, living area = 1224.
The availability of seller financing for up to two years with a $15,000 down payment offers a low-barrier entry point for investors or buyers who may not qualify for traditional bank loans.
Unlike many distressed properties, this home retains its gas, water, and electric meters, significantly reducing the cost and complexity of restoring services during a renovation.
Built in 1918, this century-old structure is marketed as an investor property, implying a need for extensive repairs and modernization to address deferred maintenance.
Located in Trona, a remote desert community, the property may face limited demand and slower appreciation compared to more robust California real estate markets.
Great investor property, Featuring ample space to relay out your perfect home. Seller financing available for up to 2 years with 15,000 down. Gas meter, water meter and electric meter still on property, Additional structures include 2 sheds, mostly fenced yard. Make this a must see today, covered wrap front porch is perfect feel for old time settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,224 | 1,169 | 67% |
| Lot Size | 9,506 | 10,200 | 44% |
| Price | $39.0K | $79.5K | 33% |
| Price per sq ft | $32 | $83 | 33% |
| Built year | 1918 | 1947 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 169 | 22% |
Feb 28, 2026
$39,000
Initial Listing
Nov 6, 2025
$5,000
Public Record
Jan 29, 1998
$9,000
Public Record