72865 La Canada Way Thousand Palms, CA 92276
Estimated payment $2,195/month
Highlights
- Midcentury Modern Architecture
- Property is near public transit
- Secondary bathroom tub or shower combo
- Mountain View
- Marble Flooring
- Corner Lot
About This Home
🔥 **Prime Investment Opportunity - R2 Corner Lot with Expansion Potential!** 🔥Attention investors and developers! This 4 bedroom 2 bath**1,812 sq ft main home** features a fireplace and sits on a desirable **R2-zoned corner lot**, offering strong upside potential. Property is a fixer with fire damage to the garage wall and storage area--ready for a full renovation and value-add improvements. **Major Income Potential:**The original plans included a **six-car garage**, providing the perfect footprint to convert into a **2-bedroom, 1-bath additional unit (ADU)**--ideal for maximizing rental income and boosting property value. Bring your vision and unlock the full potential of this high-opportunity property!
Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- 7,405 Sq Ft Lot
- North Facing Home
- Chain Link Fence
- Corner Lot
- Rectangular Lot
- Level Lot
- Corners Of The Lot Have Been Marked
- Front Yard
- Property is zoned R-2
Home Design
- Midcentury Modern Architecture
- Brick Exterior Construction
- Slab Foundation
- Rolled or Hot Mop Roof
- Composition Roof
- Stucco Exterior
Interior Spaces
- 1,817 Sq Ft Home
- 1-Story Property
- Gas Log Fireplace
- Window Screens
- Living Room with Fireplace
- L-Shaped Dining Room
- Marble Flooring
- Mountain Views
Kitchen
- Gas Range
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Secondary bathroom tub or shower combo
Parking
- 2 Car Garage
- 2 Carport Spaces
- Driveway
- On-Street Parking
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Overhead Utilities
- Property is located within a water district
- Gas Water Heater
- Sewer in Street
Additional Features
- Concrete Porch or Patio
- Property is near public transit
Community Details
- Thousand Palms Subdivision
Listing and Financial Details
- Assessor Parcel Number 650161001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,917 | $238,771 | $68,978 | $169,793 |
| 2023 | $3,917 | $229,500 | $66,300 | $163,200 |
| 2022 | $2,433 | $97,782 | $21,443 | $76,339 |
| 2021 | $2,216 | $95,866 | $21,023 | $74,843 |
| 2020 | $2,196 | $94,884 | $20,808 | $74,076 |
| 2019 | $2,156 | $93,024 | $20,400 | $72,624 |
| 2018 | $2,136 | $91,200 | $20,000 | $71,200 |
| 2017 | $1,769 | $64,478 | $1,015 | $63,463 |
| 2016 | $1,743 | $63,215 | $996 | $62,219 |
| 2015 | $1,808 | $62,268 | $982 | $61,286 |
| 2014 | $1,739 | $61,051 | $964 | $60,087 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/05/2026 04/05/26 | For Sale | $350,000 | +283.8% | $193 / Sq Ft | |
| 04/10/2018 04/10/18 | Sold | $91,200 | +2.5% | $114 / Sq Ft | View Prior Sale |
| 03/20/2018 03/20/18 | Pending | -- | -- | -- | |
| 03/12/2018 03/12/18 | For Sale | $89,000 | 0.0% | $111 / Sq Ft | |
| 03/02/2018 03/02/18 | Pending | -- | -- | -- | |
| 02/26/2018 02/26/18 | For Sale | $89,000 | -- | $111 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $225,000 | Western Resources | |
| Interfamily Deed Transfer | -- | Ticor Title | |
| Grant Deed | $23,000 | Ticor Title Co | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $245,000 | New Conventional | |
| Previous Owner | $45,000 | New Conventional |
Source: Greater Palm Springs Multiple Listing Service
MLS Number: 219145882
APN: 650-161-001
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Ask me questions while you tour the home.