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83515 Argus Avenue, Trona, California 93562, Trona, 93562 - 2 bed, 2 bath

83515 Argus Avenue, Trona, California 93562 home-pic-0
ACTIVE$9,999
83515 Argus Avenue, Trona, California 93562
2Beds
2Baths
2,144Sqft
12,700Lot

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 = 12700, living area = 2144.
Top Cons:
Complete Rebuild Mandated: The previous home was 'recently knocked down by the city/county' and suffered 'burn damage,' meaning a full new construction project is required, not a renovation.

Compared to the nearby listings

Price:$10.0K vs avg $79.0K ($-69,001)11%
Size:2,144 sqft vs avg 1,145 sqft89%
Price/sqft:$5 vs avg $7311%

More Insights

Built in 1943 (82 years old).
Condition: The property was built in 1943 and the description explicitly states the 'HOME RECENTLY KNOCKED DOWN BY THE CITY/COUNTY' and suffered 'burn damage.' The images confirm a severely dilapidated and partially demolished structure that is unlivable and beyond repair, requiring a full new construction project. The value is solely in the land and utility access.
Year Built
1943
Close
-
List price
$9,999
Original List price
$25K
Price/Sqft
$5
HOA
-
Days on market
-
Sold On
-
MLS number
SW25015490
Home ConditionTear down
Features
View-

About this home

HOME RECENTLY KNOCKED DOWN BY THE CITY/COUNTY. PROPERTY IS BEING SOLD AS VACANT LAND WITH UTILITY ACCESS. Welcome to 83515 Argus Avenue in Trona, California! This incredible opportunity awaits the savvy investor looking to flip or rent out a property with tremendous potential. Situated on a spacious 12,700 square foot lot, this 2,144 square foot home boasts 2 bedrooms and 2 bathrooms, offering a solid foundation for renovation and restoration. Although the property has suffered burn damage from a past fire, the current price point makes it an attractive prospect for those looking to invest time and resources into bringing it back to its former glory. With some vision and renovation, this property could be transformed into a stunning home, perfect for rental income or resale. Priced to sell, this is a rare opportunity for investors to capitalize on a property with immense potential.

Condition Rating
Tear down
The property was built in 1943 and the description explicitly states the 'HOME RECENTLY KNOCKED DOWN BY THE CITY/COUNTY' and suffered 'burn damage.' The images confirm a severely dilapidated and partially demolished structure that is unlivable and beyond repair, requiring a full new construction project. The value is solely in the land and utility access.
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 = 12700, living area = 2144.
Existing Utility Access: The property is sold as vacant land but explicitly includes utility access, significantly reducing development costs and complexities compared to raw land.
Highly Attractive Price Point: Listed at $9,999, this property offers an exceptionally low entry cost for investors, especially given the substantial lot size.
Generous Lot Size: With 12,700 square feet, the lot provides ample space for a new residential build, potential landscaping, and future expansion.
Strong Investment Potential: The listing clearly targets investors, highlighting its potential for flipping or rental income, appealing to those seeking value-add opportunities.
Motivated Seller/Price Reduction: The significant price drop from an original $25,000 to $9,999 indicates a highly motivated seller, presenting a strong negotiation advantage for buyers.

Cons

Complete Rebuild Mandated: The previous home was 'recently knocked down by the city/county' and suffered 'burn damage,' meaning a full new construction project is required, not a renovation.
Remote Location: Situated in Trona, California, the property's remote desert location may limit the potential buyer pool, impact resale value, and present challenges regarding local amenities and services.
Substantial Additional Investment Required: Despite the low purchase price, the buyer must undertake the entire cost and effort of building a new home, representing a significant financial and time commitment beyond the initial acquisition.

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