9625 Warwick Dr, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 3 bath
ACTIVE$350,000
9625 Warwick Dr, Desert Hot Springs, California 92240
3Beds
3Baths
2,601Sqft
7,840Lot
Year Built
1989
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$135
HOA
$488
Days on market
-
Sold On
-
MLS number
250030587SD
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 29% below the list price. We found 3 Cons,5 Pros. Rank: price - $350.0K(22th), sqft - 2601(96th), beds - 3(50th), baths - 3(71th).
Home is distressed, need short sale approval from bank, cash only due to condition,
Nearby schools
2/10
Painted Hills Middle School
Public,•6-8•0.9mi
3/10
Desert Hot Springs High School
Public,•9-12•1.6mi
4/10
Desert Learning Academy
Public,•K-12•11.3mi
Condition Rating
Poor
The listing explicitly states the 'Home is distressed' and requires 'cash only due to condition,' indicating substantial repairs and rehabilitation are needed. The year built (1989) means the property is over 30 years old, and without any mention of recent renovations, it's highly probable that major systems, including the kitchen and bathrooms, are severely outdated or non-functional. The exterior image shows significant ivy overgrowth, which can contribute to structural and moisture issues, further supporting a 'poor' condition where defects may affect safety or soundness.
Pros & Cons
Pros
Generous Square Footage: The property offers a substantial 2601 sqft of living space, providing ample room for its 3 bedrooms.
Functional Bed/Bath Count: With 3 bedrooms and 3 full bathrooms, the home provides a practical and desirable bed-to-bath ratio.
Sizable Lot: The 7840 sqft lot offers good outdoor space for potential landscaping, recreation, or future enhancements.
Investment Opportunity: The distressed condition and short sale status present a significant value-add opportunity for experienced investors or renovators.
Established Location: Located in Desert Hot Springs, an established residential area with existing infrastructure and comparable properties nearby.
Cons
Distressed Condition & Repair Costs: The property is explicitly described as 'distressed,' indicating substantial and potentially costly repairs and renovations are required.
Cash Only & Complex Transaction: The 'cash only' requirement severely limits the potential buyer pool, and the need for 'short sale approval from bank' implies a potentially lengthy and uncertain closing process.
Overpriced Relative to Condition: The list price of $350,000 is significantly higher than the estimated value of $247,039, suggesting it is not competitively priced given its current distressed state.