19
Map
$237,000
●
House -
For Sale
2623 Treasure Drive
Thermal, CA 92274
2 Beds
2 Baths
1,084 Ft²
$1,164
Est. Monthly
About This Property
Welcome to 'Treasure Island' -- a rare 10X opportunity in the heart
of Salton City/Thermal! This charming 2-bed, 2-bath home sits on
the coveted street Treasure Drive, surrounded by open desert views,
mountain backdrops, and views of the iconic Salton Sea. With high
ceilings, exposed wooden beams, and an open-concept layout, this
home feels bright, spacious, and ready for your lifestyle. The
property comes partially furnished, making it move-in ready for
first-time buyers, growing families, weekend warriors, or off-road
enthusiasts looking for the perfect getaway. There's a spacious
2-car garage with room for toys, equipment, or future
expansion.Even better -- the lot next door is also available,
giving buyers the option to secure their own private 'island' in
this unique pocket of Salton City. Centrally located with quick
access to Highway 86, local amenities, and endless desert
adventure. A rare find, a great location, and a true 10X value.
Welcome to Treasure Island -- where opportunity meets lifestyle.
Unit Size
1,084 Ft²
Days on Market
152 days
Land Size
0.25 acres
Price per sqft
$219
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
Listed By
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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: 6 months ago (CRMLS #219148169DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2026 | Listed by Equity Smart Real Estate Servi | $237,000 | |
| Listed by Equity Smart Real Estate Servi | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Carport
Parking Features: Attached Carport, Driveway, Off Site
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: PartiallyFurnished
Flooring Type: Tile
Exterior Details
Square Footage: 1084
Square Footage Source: $0
Year Built Source: See Remarks
Year Built: 1979
Lot Size Area: 10923
Lot Size Units: Square Feet
Lot Size Acres: 0.2508
Lot Size Square Feet: 10923
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Salton City
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Listed by: Wilder Perez, Equity Smart Real Estate Servi
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 219148169DA
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 219148169DA
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