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66691 Flora Avenue, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 2 bed, 2 bath

66691 Flora Avenue, Desert Hot Springs, California 92240 home-pic-0
ACTIVE$339,000
66691 Flora Avenue, Desert Hot Springs, California 92240
2Beds
2Baths
884Sqft
6,534Lot
Year Built
1961
Close
-
List price
$339K
Original List price
$339K
Price/Sqft
$383
HOA
-
Days on market
-
Sold On
-
MLS number
IG25120406
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Spa
Patio
ViewMountain(s), Neighborhood

About this home

Possibly Over-Priced:The estimated price is 65% below the list price. We found 3 Cons,5 Pros. Rank: price - $339.0K(17th), sqft - 884(2th), beds - 2(8th), baths - 2(50th).

You’re searching for the perfect home? You find it! You submit the offer! It gets accepted! Now, just imagine this: you're all moved in, relaxing in your private backyard jacuzzi as the sun sets over Desert Hot Springs, laughter from your family filling the air, and everything finally feels right. This beautifully renovated 2-bedroom, 1.75 bath home on a spacious 6,534 sq ft lot is more than just a place to live, it’s your gateway to financial freedom. With in-unit laundry, a 1-car garage, and a versatile guest suite in the back, you’ve got space to dream: host visitors, create a studio, or explore income potential. Whether you're a first-time buyer or future investor, this home offers the rare chance to do both, and even 0% down VA loan eligibility, your new chapter is closer than you think!

Condition Rating
Good
The property is described as 'beautifully renovated,' and the visible areas, including fresh paint and updated flooring, support a move-in ready condition. While the main bathroom appears clean and functional, its style (pedestal sink, basic white tile) suggests a refresh rather than a high-end modern renovation. The absence of kitchen photos prevents a full assessment of that key area, but assuming the 'beautifully renovated' claim extends there, the property aligns with a 'Good' rating, indicating it's well-maintained and requires no immediate major renovations, despite its 1961 build year.
Pros & Cons

Pros

Renovated Condition: The property is described as 'beautifully renovated,' suggesting modern updates and a move-in ready state, reducing immediate buyer expenses.
Income Potential / Versatile Guest Suite: A 'versatile guest suite' in the back offers significant flexibility for hosting, a studio, or generating rental income, appealing to investors or those seeking multi-functional space.
Spacious Lot: The 'spacious 6,534 sq ft lot' provides ample outdoor space for enjoyment, landscaping, or potential future expansion, a valuable asset in many markets.
Private Backyard Jacuzzi: The inclusion of a 'private backyard jacuzzi' adds a desirable luxury amenity for relaxation and entertainment, enhancing lifestyle appeal.
VA Loan Eligibility: The '0% down VA loan eligibility' is a strong financial incentive, significantly broadening the pool of potential buyers who qualify for this benefit.

Cons

Significant Overpricing: The listing price of $339,000 is substantially higher than the estimated value of $115,405.525 (an estimation ratio of -65%), indicating a major pricing discrepancy that could deter buyers and prolong market time.
Small Main Home Square Footage: At 884 sqft, the main home is relatively small for a 2-bedroom property, which might limit its appeal for some buyers seeking more expansive living space.
Older Original Construction: Built in 1961, despite renovations, the property's older foundation and infrastructure might lead to concerns about potential underlying maintenance issues or system upgrades not explicitly covered by the recent renovation.

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