45777 Aladdin Street, Indio, California 92201, Indio, 92201 - 3 bed, 2 bath
ACTIVE$1,250,000
45777 Aladdin Street, Indio, California 92201
3Beds
2Baths
1,430Sqft
181,645Lot
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 = 181645, living area = 1430.
Top Cons:
As-Is Sale Condition: The property and structures are sold 'As-is,' implying potential for significant repair, renovation, or demolition costs for the buyer.
Compared to the nearby listings
Price:$1.25M vs avg $556.5K (+$693,550)94%
Size:1,430 sqft vs avg 1,890 sqft15%
Price/sqft:$874 vs avg $299100%
More Insights
Built in 1950 (75 years old).
Condition: Built in 1950, this property is explicitly sold 'As-is' with 'aging structures' and only one of two dwellings being habitable. The exterior images show significant neglect and dated construction. While one dwelling is noted as habitable, the overall context, including the need for 'substantial investment for modernization or redevelopment' and the lack of interior photos, strongly suggests the existing structures are in very poor condition, requiring extensive repairs and rehabilitation, and are likely not the primary value proposition of the listing.
Year Built
1950
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
$874
HOA
-
Days on market
-
Sold On
-
MLS number
219125342DA
Home ConditionPoor
Features
Good View:
View-
About this home
Tremendous Opportunity to Be a Part of the Reimagined City of Indio! Located near the Epicenter of Downtown Growth, this Fully Fenced 4+ Acre Property Shares Historical Significance and Future Potential. The Once Popular U- pick Organic Citrus Farm, a Popular Tourist Destination in Years Past, is Hitting the Market For the Very First Time. Two Dwellings (One being Habitable) sit on the Acreage w/a Private Well that Just Needs Reactivating. Zoning information w/a Myriad of Options, Including Multi Family is Attached and All Prospective Buyers to Complete their Own Due Diligence with the City of Indio. Structures and Land Being Sold ''As-is''
Condition Rating
Poor
Built in 1950, this property is explicitly sold 'As-is' with 'aging structures' and only one of two dwellings being habitable. The exterior images show significant neglect and dated construction. While one dwelling is noted as habitable, the overall context, including the need for 'substantial investment for modernization or redevelopment' and the lack of interior photos, strongly suggests the existing structures are in very poor condition, requiring extensive repairs and rehabilitation, and are likely not the primary value proposition of the listing.
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 = 181645, living area = 1430.
Significant Development Potential: Zoned with a myriad of options, including multi-family, and located near the epicenter of downtown growth, offering substantial future investment and development opportunities.
Expansive Acreage: Over 4 acres (181,645 sqft) provides a rare and valuable asset for various development projects or a private estate.
Strategic Growth Location: Positioned near the 'Epicenter of Downtown Growth' in the 'Reimagined City of Indio,' indicating strong potential for appreciation and revitalization.
Unique Historical Value: First-time market offering of a former 'U-pick Organic Citrus Farm' with historical significance, appealing to niche buyers and adding character.
Multiple Dwellings & Private Well: Includes two dwellings (one habitable) and a private well (needs reactivation), offering immediate utility and potential for long-term resource independence.
Cons
As-Is Sale Condition: The property and structures are sold 'As-is,' implying potential for significant repair, renovation, or demolition costs for the buyer.
Aging Structures & Condition: Built in 1950, with only one of two dwellings currently habitable, indicating substantial investment required for modernization or redevelopment.
Extensive Buyer Due Diligence: Prospective buyers are explicitly required to complete their own due diligence with the City of Indio regarding zoning and development, adding complexity and potential cost.