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88751 64th Avenue — Thermal — 2 Beds • 1 Bath • 1,463 Sq Ft | Belmont Brokerage | Belmont Brokerage

Pending

$545,000

265 DOM

$373/sqft2 bd1 ba1,463 sqft

Call

88751 64th Ave Thermal, CA 92274

9.70acre lot

Ranch Home on 9.70 acres of desirable agricultural or farming land. Incredible potential for a variety of uses and opportunity to own an income generating property. Water for agricultural production is acquired from Coachella Valley Water district canal.

MLS IG25121388

951-466-2116 (Office) mariarn3@hotmail.com

Est. payment

$3,483/mo

Principal & interestTaxesInsurance

$2,756$568$159

Down %

Rate %

Years

Down payment: $109,000 · Total cost: $1,101,094

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$3,483/mo

Principal & interest: $2,756
Est. property tax: $568
Est. insurance: $159
Down payment: $109,000

Est. gross rent$2,271/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,212/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	May 29, 2025	$700,000	—

Facts & Features

Transaction Data

▼Price Reduced from $700,000 (−$155,000)

Structure & Property

Year Built1916

951-466-2116 (Office) mariarn3@hotmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

88751 64th Avenue, Thermal, CA 92274

Get Directions

Call

88751 64th Ave Thermal, CA 92274

About this home

Maria Roman

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Maria Roman

Sale & Tax History

No Recent Sales History

Location

88751 64th Avenue, Thermal, CA 92274

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

88751 64th Ave Thermal, CA 92274

About this home

Maria Roman

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Maria Roman

Sale & Tax History

No Recent Sales History

Location