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83515 Argus Avenue, Trona, California 93562, Trona, - bed, bath

home-pic
ACTIVE$9,999
83515 Argus Avenue, Trona, California 93562
2Beds
2Baths
2,144Sqft
12,700Lot
Year Built
1943
Close
-
List price
$9,999
Original List price
$25K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SW25015490
Home ConditionTear down
Features
View-

About this home

HOME RECENTLY KNOCKED DOWN BY THE CITY/COUNTY. PROPERTY IS BEING SOLD AS VACANT LAND WITH UTILITY ACCESS. Welcome to 83515 Argus Avenue in Trona, California! This incredible opportunity awaits the savvy investor looking to flip or rent out a property with tremendous potential. Situated on a spacious 12,700 square foot lot, this 2,144 square foot home boasts 2 bedrooms and 2 bathrooms, offering a solid foundation for renovation and restoration. Although the property has suffered burn damage from a past fire, the current price point makes it an attractive prospect for those looking to invest time and resources into bringing it back to its former glory. With some vision and renovation, this property could be transformed into a stunning home, perfect for rental income or resale. Priced to sell, this is a rare opportunity for investors to capitalize on a property with immense potential.

Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (5 Listings)
Beds22.5
50%
Baths22
50%
Square foot2,1441,108
83%
Lot Size12,7008,300
67%
Price$9,999$74K
17%
Price per square foot$5$69.5
17%
Built year19439735975
33%
HOA
Days on market286208
67%
Condition Rating
Tear down
The property was built in 1943 and has suffered burn damage. The listing states the home was recently knocked down by the city/county. The images show a dilapidated structure with significant damage, rendering it unlivable and requiring demolition. The value is primarily in the land.
Pros & Cons

Pros

Large Lot Size: The property boasts a spacious 12,700 sqft lot, offering ample space for potential expansion, landscaping, or outdoor amenities.
Substantial Square Footage: With 2,144 sqft, the existing structure provides a significant footprint for renovation and potential customization.
Low List Price: The property is listed at a very low price point ($9,999), presenting an attractive entry point for investors willing to undertake significant renovations.
Utility Access: The listing explicitly states utility access, which is a crucial advantage for redevelopment and avoids potential complications with infrastructure setup.
Investment Potential: The listing highlights the property's potential for flipping or renting, appealing to investors seeking opportunities in the Trona market.

Cons

Fire Damage: The property has suffered burn damage from a past fire, requiring extensive and potentially costly repairs or demolition.
Knocked Down Structure: The home was recently knocked down by the city/county, indicating significant structural issues and potential code compliance challenges.
Location: Trona, California, is a remote and economically challenged area, which may limit the potential resale value or rental income after renovation.

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