3-Bedroom Residential — 2476 Sorrel Avenue, Thermal, CA

About this property

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 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!

Property details

Location

2476 Sorrel Avenue • Thermal, CA 92274

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Listed by

Beny Castro · Equity Smart Real Estate Servi