47644 Van Buren Street, Indio, California 92201, Indio, 92201 - bed, bath
ACTIVE$275,000
47644 Van Buren Street, Indio, California 92201
0Bed
0Bath
504Sqft
5,663Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Commercial/Investment Opportunity: Explicitly marketed for investors and business owners, with a stated use for 'Retail Stories (Personal Service),' indicating strong commercial potential.
Top Cons:
Extensive Renovation Required: The property is sold 'As Is' and explicitly states it 'Needs TLC and upgrading,' with the seller making no repairs, indicating a substantial financial and time commitment for the buyer.
Compared to the nearby listings
Price:$275.0K vs avg $551.5K ($-276,450)2%
Size:504 sqft vs avg 1,890 sqft0%
Price/sqft:$546 vs avg $29998%
More Insights
Built in 1948 (77 years old).
Condition: This property, built in 1948, is explicitly stated to be sold 'As Is' and 'Needs TLC and upgrading,' with the seller making no repairs. The most critical factor for a residential property is the 'detached bathroom area' which 'has plumbing hook ups' but is not functional. This means there is no usable bathroom within the main structure, rendering it unlivable as a standard residence. The kitchen area, as seen in the images, is also rudimentary, lacking proper cabinetry and a functional layout. The overall condition suggests significant deferred maintenance and requires substantial repairs and rehabilitation to be habitable.
Year Built
1948
Close
-
List price
$275K
Original List price
$175K
Price/Sqft
$546
HOA
-
Days on market
-
Sold On
-
MLS number
219099081PS
Home ConditionPoor
Features
Good View: City Lights
ViewCity Lights
About this home
INVESTORS AND BUSINESS OWNERS YOUR NEXT LOCATION IS HERE TO CREATE YOUR DREAMS! The property is sold in As Is condition and the bathroom area is detached and has plumbing hook ups. Seller will make no repairs. Seller nor brokerage are liable for any damages. Needs TLC and upgrading. USE: Retail Stories (Personal Service). Property is on a water well. The adjacent property with 3 bedrooms 1 bath is being sold as well address: 47642 Van Buren Street Indio MLS#2190998844PS
Condition Rating
Poor
This property, built in 1948, is explicitly stated to be sold 'As Is' and 'Needs TLC and upgrading,' with the seller making no repairs. The most critical factor for a residential property is the 'detached bathroom area' which 'has plumbing hook ups' but is not functional. This means there is no usable bathroom within the main structure, rendering it unlivable as a standard residence. The kitchen area, as seen in the images, is also rudimentary, lacking proper cabinetry and a functional layout. The overall condition suggests significant deferred maintenance and requires substantial repairs and rehabilitation to be habitable.
Pros & Cons
Pros
Commercial/Investment Opportunity: Explicitly marketed for investors and business owners, with a stated use for 'Retail Stories (Personal Service),' indicating strong commercial potential.
Development Potential: Sold 'As Is' and 'Needs TLC and upgrading,' offering a significant opportunity for renovation, customization, and value creation for a savvy investor.
Adjacent Property Available: The option to purchase the neighboring property (MLS#2190998844PS) presents a unique opportunity for a larger combined development or expanded business footprint.
Private Water Source: The property is on a water well, which can provide cost savings and independence from municipal water services, a valuable asset in the region.
City Lights View: Offers a desirable 'City Lights' view, enhancing the property's aesthetic appeal and potential for a unique business or living environment.
Cons
Extensive Renovation Required: The property is sold 'As Is' and explicitly states it 'Needs TLC and upgrading,' with the seller making no repairs, indicating a substantial financial and time commitment for the buyer.
Detached & Unfinished Bathroom: The bathroom area is 'detached' and only has 'plumbing hook ups,' rendering it non-functional and requiring immediate, significant construction to be usable.
Potential Zoning/Use Discrepancy: Despite being listed as a 'Residential' 'Single Family Residence,' the description promotes its use for 'Retail Stories (Personal Service),' which could imply a need for zoning changes or use permits, adding complexity and cost.