437 Vine Avenue, Coachella, California 92236, Coachella, 92236 - 5 bed, 2 bath

437 Vine Avenue, Coachella, California 92236 home-pic-0
ACTIVE$375,000
437 Vine Avenue, Coachella, California 92236
5Beds
2Baths
1,770Sqft
7,405Lot
Year Built
1966
Close
-
List price
$375K
Original List price
$449K
Price/Sqft
$212
HOA
-
Days on market
-
Sold On
-
MLS number
219133021DA
Home ConditionPoor
Features
Good View:
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About this home

Possibly Over-Priced:The estimated price is 30% below the list price. We found 3 Cons,5 Pros. Rank: price - $375.0K(10th), sqft - 1770(43th), beds - 5(76th), baths - 2(50th).

Don't miss this incredible opportunity to own a well-located duplex with their own meters gas and electricity in the heart of rapidly expanding Downtown Coachella. This versatile property features two separate units: one offering 3 bedrooms and 1 bathroom, and the other with 2 bedrooms and 1 bathroom--perfect for investors or owner-occupants looking to offset their mortgage with rental income.One unit is currently tenant-occupied with a lease in place through December. Situated within walking distance to grocery stores, a new gas station, and upcoming developments, this location offers both convenience and promising future growth. Whether you're looking to generate steady rental income or live in one unit while renting the other, this duplex delivers flexibility and long-term value. Schedule your private showing today and take advantage of this income-producing gem in one of the desert's fastest-growing communities

Price History

Date
Event
Price
11/05/25
Price Change
$375,000-6.0%
10/28/25
Price Change
$399,000
07/21/25
Listing
$449,000
Condition Rating
Poor

Built in 1966, this property is over 50 years old and shows no evidence of significant renovations in decades. The kitchen is extremely outdated, missing appliances, and features worn cabinets and countertops. The bathroom is equally dated with old tiles and fixtures. Flooring throughout is cracked and dirty. The overall condition indicates significant deferred maintenance and requires substantial repairs and rehabilitation to be safe and comfortable for modern living.
Pros & Cons

Pros

Income-Generating Duplex: Features two separate units (3BD/1BA and 2BD/1BA) with individual gas and electricity meters, offering strong rental income potential for investors or owner-occupants.
Strategic Downtown Location: Positioned in the rapidly expanding Downtown Coachella, providing walkability to essential amenities like grocery stores and proximity to upcoming developments.
Immediate Rental Income: One unit is currently tenant-occupied with a lease through December, ensuring immediate cash flow for the new owner.
Versatile Investment Opportunity: Offers flexibility for various ownership strategies, including full rental income or owner-occupancy with mortgage offset from the second unit.
High Growth Area: Located in one of the desert's fastest-growing communities, suggesting strong potential for future property appreciation and demand.

Cons

Property Age & Potential Condition: Built in 1966, the property is over 50 years old, which may imply a need for significant updates to systems, infrastructure, or aesthetics, incurring additional renovation costs.
Significant Valuation Discrepancy: The current list price of $375,000 is considerably higher than the estimated property value of $301,971.62, potentially indicating an overvaluation or risk of appraisal challenges.
Conflicting Property Classification: The property is described as a 'duplex' but listed with a 'Single Family Residence' sub_type, which could lead to confusion or issues with financing, zoning, or legal compliance.

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