83040 Magnolia Avenue, Trona, California 93562, Trona, 93562 - 3 bed, 1 bath
83040 Magnolia Avenue
Trona, California 93562
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 83040 Magnolia Avenue Subject | $42,500* List Price | 3 | 1 | 1,155 | $48 | - |
A 13336 Wildrose Street Pending | $39,999 List Price | 3 | 1 | 1,385 | $29 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1918, this century-old home is aged but maintained, featuring a recently updated bathroom and functional living spaces. While it meets FHA/VA financing standards for habitability, the property exhibits dated styles, older kitchen cabinetry, and signs of wear consistent with its age, requiring minor updates and ongoing maintenance of older systems.
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 = 12370, living area = 1155.
- Exceptional Affordability & Financing
Priced at a highly accessible $42,500 and eligible for FHA, VA, and Conventional financing, this property offers a rare opportunity for low-down-payment homeownership or high-yield investment.
- Generous Lot Size
The 0.28-acre (12,370 sqft) lot provides significant outdoor space for expansion, recreational use, or additional storage, offering more land than typical residential parcels in this price bracket.
CONSRISKS & DEFICIENCIES
- Significant Property Age
Built in 1918, the home is over a century old and may require ongoing maintenance or upgrades to aging structural and mechanical systems not covered by recent cosmetic updates.
- Remote Desert Location
Located in Trona, the property is situated in a remote desert environment with limited local amenities and extreme weather conditions, which may affect long-term resale demand.
About 83040 Magnolia Avenue
(PRICE REDUCED)*FHA, Conventional, VA loan Financing Available* Affordable desert living or smart investment opportunity! This 3-bedroom, 1-bath home at **83040 Magnolia Ave, Trona, CA** sits on a spacious **0.28-acre lot**, offering plenty of room for outdoor use, expansion, or future potential. The property is **FHA financeable with as little as 3.5% down**, making it an excellent option for first-time buyers or investors alike. The home has undergone **recent improvements, including updates to the bathroom**, adding comfort and value. Whether you’re looking for an affordable primary residence or a promising rental opportunity, this property delivers great potential at an accessible price point. **Don’t miss your chance—schedule a showing before it’s gone!**
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1918
- Lot Size
- 12,370 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,155 | 1,145 | 63% |
| Lot Size | 12,370 | 11,285 | 50% |
| Price | $42.5K | $78.2K | 38% |
| Price per sq ft | $37 | $75 | 38% |
| Built year | 1918 | 1950 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 157 | 25% |
Pricing History
Listed for Sale
Feb 23, 2026
$42,500
$42,999
-1% Price Drop
Initial Listing
Price Change
Feb 21, 2026
$42,999
$49,999
-14% Price Drop
Initial Listing
Price Change
Jan 26, 2026
$49,999
$54,500
-8% Price Drop
Initial Listing
Price Change
Jan 14, 2026
$54,500
$55,000
-1% Price Drop
Initial Listing
Price Change
Jan 1, 2026
$55,000
Initial Listing
Sold
Jun 6, 2023
$37,000
Public Record
Sold
Jul 28, 2011
$20,000
Public Record