8878 Little Morongo Road, Morongo Valley, California 92256, Morongo Valley, - bed, bath
ACTIVE$229,000
8878 Little Morongo Road, Morongo Valley, California 92256
2Beds
2Baths
1,591Sqft
36,858Lot
Year Built
1972
Close
-
List price
$229K
Original List price
$229K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25161300
Home ConditionPoor
Features
Good View: Canyon
Patio
ViewCanyon
About this home
Great fixer-upper opportunity for investors. House is partially burned, Separate 2 car garages are untouched and have new roofs. One separate studio is untouched and next to it has a green house. The added living room is partially damaged. Irrigation pluming is intact but the house needs new plumbing and electrical. Stamped concrete and concrete driveway all around. Concrete wall surrounds the property.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (27 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 39% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,591 | 1,356 | 61% |
| Lot Size | 36,858 | 34,104 | 50% |
| Price | $229K | $343K | 14% |
| Price per square foot | $144 | $250 | 7% |
| Built year | 1972 | 9820982 | 68% |
| HOA | |||
| Days on market | 110 | 201 | 11% |
Condition Rating
Poor
The property, built in 1972, is described as a 'fixer-upper' and 'partially burned.' The listing indicates the house needs new plumbing and electrical systems. Images confirm fire damage and the need for substantial repairs. While some structures like the garages and studio are untouched, the main living area is significantly damaged. This property requires substantial repairs and rehabilitation.
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 = 36858, living area = 1591.
Investment Opportunity: Great fixer-upper opportunity for investors looking for a project with potential upside.
Separate Structures: Includes a separate studio and a greenhouse, offering potential for rental income or additional living space.
Garage with New Roofs: The two-car garages are untouched by the fire and have new roofs, reducing immediate repair costs.
Lot Size: Large lot size (36,858 sqft) provides ample space for expansion or landscaping.
Concrete Features: Stamped concrete and concrete driveway are present, along with a concrete wall surrounding the property, offering a solid foundation.
Cons
Fire Damage: The house is partially burned, requiring significant repairs and renovations.
Extensive Repairs Needed: Needs new plumbing and electrical systems, adding to the overall renovation costs.
Damaged Living Room: The added living room is partially damaged, requiring reconstruction or extensive repair.