9900 Palm Drive, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 1 bed, 1 bath
ACTIVE$24,700
9900 Palm Drive, Desert Hot Springs, California 92240
1Bed
1Bath
Sqft
8,712Lot
Year Built
1973
Close
-
List price
$25K
Original List price
$25K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
25625015PS
Home ConditionTear down
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $24.7K(0th), sqft - 0(0th), beds - 1(2th), baths - 1(4th).
((Opportunity is knocking)) This is a great opportunity for someone looking for that great property with lots of upside potential. This property is a must see for that smart investor looking to work with the city of DHS to develop this property into a great home or investment.
Nearby schools
4/10
Julius Corsini Elementary School
Public,•K-5•3.7mi
2/10
Painted Hills Middle School
Public,•6-8•1.0mi
4/10
Desert Springs Middle School
Public,•6-8•2.1mi
3/10
Desert Hot Springs High School
Public,•9-12•1.2mi
4/10
Desert Learning Academy
Public,•K-12•11.1mi
Price History
Date
Event
Price
12/03/25
Listing
$24,700
11/07/17
Sold
$50,000
12/19/14
Sold
$15,000
06/18/03
Sold
$110,000
06/23/00
Sold
$21,000
Condition Rating
Tear down
Built in 1973, this property is over 50 years old, and the listing description explicitly targets investors for 'development,' indicating the existing structure holds little value. The images reveal an interior in severe disrepair, with dirty walls, old basic tile flooring, and what appears to be an unfinished or gutted space. There is no functional kitchen visible, and the 'bathroom' area consists of a basic vanity and an old wall-mounted AC unit, suggesting it's not a complete or habitable bathroom. The overall condition strongly implies the property is unlivable and its value is primarily in the land for redevelopment, aligning with the 'tear-down' criteria.
Pros & Cons
Pros
High Investment Potential: The property is explicitly marketed as a significant opportunity for investors, highlighting 'lots of upside potential' and the chance to 'develop this property' into a valuable asset.
Attractive Entry Price: With a list price of $24,700, this property offers an exceptionally low entry point into the real estate market, appealing to cash buyers and those seeking a high-value-add project.
Desirable Mountain Views: The property features appealing mountain views, which can enhance its aesthetic value and contribute to its long-term desirability.
Generous Lot Size: The 8,712 sqft (0.2 acre) lot provides ample space for potential expansion of the existing structure, landscaping, or the addition of outdoor amenities.
Location in Desert Hot Springs: Situated in Desert Hot Springs, an area known for its natural hot springs and potential for growth, which could offer long-term appreciation and appeal.
Cons
Implied Poor Condition/Fixer-Upper: The listing description strongly suggests the property is not move-in ready and requires substantial renovation or development, indicating significant additional investment will be needed.
Limited Living Space: With only 1 bedroom and 1 bathroom, the property offers minimal living space, which may restrict its appeal to a broad market or necessitate costly expansion.
Advanced Age of Property: Built in 1973, the property is over 50 years old, likely requiring extensive updates to major systems (e.g., plumbing, electrical, HVAC) and cosmetic renovations to meet modern standards.