5
Map
$7,900
↓ $1K (11.2%)
●
Land -
For Sale
2497 Sea Lite
Thermal, CA 92274
Studio
0 Bath
$39
Est. Monthly
About This Property
Attention Developers and Land Investors ALL OFFERS WELCOMED:
A unique opportunity has arisen for the purchase of two adjacent residential lots for $7900 Each. Each spanning about 10,000 square feet. These lots are strategically situated near Sea View Elementary School and offer exceptional proximity to the emerging California Lithium Valley.
Zoned R-1, these lots provide ample space for the construction of a substantial dream home. The possibility of manufactured homes is permitted (please verify with Imperial County Planning & Development). Lot parcels are 010322003000 and 010322004000 situated in spectacular location to develop.
A unique opportunity has arisen for the purchase of two adjacent residential lots for $7900 Each. Each spanning about 10,000 square feet. These lots are strategically situated near Sea View Elementary School and offer exceptional proximity to the emerging California Lithium Valley.
Zoned R-1, these lots provide ample space for the construction of a substantial dream home. The possibility of manufactured homes is permitted (please verify with Imperial County Planning & Development). Lot parcels are 010322003000 and 010322004000 situated in spectacular location to develop.
Unit Size
-
Days on Market
95 days
Land Size
0.23 acres
Price per sqft
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Property Type
Land
Property Taxes
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (CRMLS #CV26156105)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$7,900
↓ $1K
(11.2%) | |
| Price Decreased | |||
| Aug 9, 2026 | Price Decreased |
$8,900
↓ $11K
(55.5%) | |
| Price Decreased | |||
| Jul 16, 2026 | Listed by 1st Class Realty Group | $19,999 | |
| Listed by 1st Class Realty Group | |||
Property Highlights
Exterior Details
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 9942
Lot Size Units: Square Feet
Lot Size Acres: 0.2282
Lot Size Square Feet: 9942
Tax Lot: 20
Water Source: Public
Utilities Details
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Salton City
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Listed by: Hugo Rojas, 1st Class Realty Group
Last Updated: 2 months ago
Data Source: CRMLS, MLS# CV26156105
Last Updated: 2 months ago
Data Source: CRMLS, MLS# CV26156105
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