Property listed by Equity Smart Real Estate Servi, Beny Castro 760-483-3479
$224,950
Unbeatable Opportunity - Best Value in Salton City!Priced significantly below the area's median at only $224,950, this nearly-new residence offers a rare 'equity play' for a savvy first-time homebuyer or investor. This 1,300 sq. ft. home features a modern open floor plan and has been exceptionally well-maintained. Having served only… Read More as a seasonal vacation home for the original owner, the interior is in 'hardly lived-in' condition.The Opportunity:The property is priced to reflect a known foundation issue. Professional consultations with local engineers and contractors estimate the slab re-leveling and repair costs at a maximum of $40,000. With recent comparable sales of the same floor plan (such as on Sunrise Ave) reaching much higher values, there is immediate upside potential here. This property is an ideal candidate for an FHA 203k renovation loan.Location Highlights:Commuter Friendly: Quick and easy access to HWY 86.Outdoor Lifestyle: Situated moments away from world-class off-roading trails and desert recreation.Don't miss the chance to own a modern home with built-in equity. Bring your contractor and your vision! Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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