47267 Blue Jay Street, Indio, California 92201, Indio, 92201 - 3 bed, 2 bath
ACTIVE$365,000
47267 Blue Jay Street, Indio, California 92201
3Beds
2Baths
1,080Sqft
6,534Lot
Price Vs. Estimate
The estimated value ($283,911.475) is $81,088.525 (22%) lower than the list price ($365,000). This property may be overpriced.
Key pros and cons
Top Pros:
Value-Add Opportunity: Explicitly marketed as a 'FIXER' with 'Good Bones,' this property offers significant equity potential for an owner-contractor or investor willing to undertake renovations.
Top Cons:
Extensive Renovation Required: The property is a 'FIXER' needing 'Basic Cosmetic and Upgrade,' implying substantial time and financial investment for modernization and habitability.
Compared to the nearby listings
Price:$365.0K vs avg $551.5K ($-186,450)8%
Size:1,080 sqft vs avg 1,890 sqft4%
Price/sqft:$338 vs avg $29973%
More Insights
Built in 1972 (53 years old).
Condition: The property was built in 1972, making it over 50 years old. The MLS description explicitly states it's a 'Great FIXER' and requires 'Basic Cosmetic and Upgrade Needed,' advising buyers to 'Bring Your Hammer and Tools.' While it mentions 'Good Bones,' suggesting structural integrity might be sound, the overall description indicates a need for substantial repairs and rehabilitation, aligning with the 'Poor' condition criteria. Without interior images, we can infer that the kitchen, bathrooms, and other systems are likely original or very outdated, requiring full renovation, which is more than just minor updates.
Year Built
1972
Close
-
List price
$365K
Original List price
$365K
Price/Sqft
$338
HOA
-
Days on market
-
Sold On
-
MLS number
SB25056393
Home ConditionPoor
Features
ViewNeighborhood
About this home
Great FIXER - Bring Your Hammer and Tools - Great Owner Contractor Prperty - Nice up and Coming Area - Good Bones - Basic Cosmetic and Upgrade Needed and you have a Fantastic home Built In 1972 at A Discount Accordingly ! Better Hurry We Already Have 2 offers !
Condition Rating
Poor
The property was built in 1972, making it over 50 years old. The MLS description explicitly states it's a 'Great FIXER' and requires 'Basic Cosmetic and Upgrade Needed,' advising buyers to 'Bring Your Hammer and Tools.' While it mentions 'Good Bones,' suggesting structural integrity might be sound, the overall description indicates a need for substantial repairs and rehabilitation, aligning with the 'Poor' condition criteria. Without interior images, we can infer that the kitchen, bathrooms, and other systems are likely original or very outdated, requiring full renovation, which is more than just minor updates.
Pros & Cons
Pros
Value-Add Opportunity: Explicitly marketed as a 'FIXER' with 'Good Bones,' this property offers significant equity potential for an owner-contractor or investor willing to undertake renovations.
Strong Market Demand: The listing notes 'Better Hurry We Already Have 2 offers!', indicating high buyer interest and a competitive market for this property type.
Emerging Neighborhood: Located in a 'Nice up and Coming Area,' suggesting potential for future appreciation and community growth in Indio.
Competitive Price Point: Listed at $365,000 for a 3 bed/2 bath single-family home, it offers an accessible entry point for buyers willing to invest in renovations.
Functional Layout: The 3-bedroom, 2-bathroom configuration with 1080 sqft on a 6534 sqft lot provides a practical and desirable layout for many families or individuals.
Cons
Extensive Renovation Required: The property is a 'FIXER' needing 'Basic Cosmetic and Upgrade,' implying substantial time and financial investment for modernization and habitability.
Dated Systems/Finishes: Built in 1972, the home likely has original or outdated systems (electrical, plumbing, HVAC) and finishes that will require replacement, adding significantly to renovation costs.
Immediate Capital Investment: Buyers must be prepared for immediate and significant capital outlay beyond the purchase price to make the home habitable and modern, as it is not move-in ready.