$10,500
●
Land -
Off Market
2925 Charleston Avenue
Thermal, CA 92274
Studio
0 Bath
$74
Est. Monthly
About This Property
Land Opportunity in the Heart of Salton Sea - Build Your Dream
Home!
Welcome to an exceptional opportunity to own a piece of the rapidly evolving Salton Sea area, recently dubbed "Lithium Valley" due to its promising lithium extraction potential. This vacant land parcel presents a blank canvas for building your dream home or investment property.
Property Highlights:
Location: Strategically located in the burgeoning Salton Sea area, close to major highways and local amenities.
Utilities: Conveniently close by, making the building process smoother and cost-effective.
Potential: As Salton Sea gains momentum as "Lithium Valley", this property offers not only a residential opportunity but also future investment potential.
Imagine waking up to breathtaking sunrises over the Salton Sea and enjoying the serene desert landscape. Whether you're looking to build your primary residence, a vacation home, or an investment property, this land offers endless possibilities.
Don't miss out on this rare opportunity to invest in one of California's most promising regions. Make your offer today and start envisioning your future in Salton Sea's evolving landscape.
For more information or to schedule a viewing, contact us today!
Welcome to an exceptional opportunity to own a piece of the rapidly evolving Salton Sea area, recently dubbed "Lithium Valley" due to its promising lithium extraction potential. This vacant land parcel presents a blank canvas for building your dream home or investment property.
Property Highlights:
Location: Strategically located in the burgeoning Salton Sea area, close to major highways and local amenities.
Utilities: Conveniently close by, making the building process smoother and cost-effective.
Potential: As Salton Sea gains momentum as "Lithium Valley", this property offers not only a residential opportunity but also future investment potential.
Imagine waking up to breathtaking sunrises over the Salton Sea and enjoying the serene desert landscape. Whether you're looking to build your primary residence, a vacation home, or an investment property, this land offers endless possibilities.
Don't miss out on this rare opportunity to invest in one of California's most promising regions. Make your offer today and start envisioning your future in Salton Sea's evolving landscape.
For more information or to schedule a viewing, contact us today!
Unit Size
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Days on Market
58 days
Land Size
0.27 acres
Price per sqft
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Property Type
Land
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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 years ago (CRMLS #HD25092304)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Apr 26, 2025 | Listed by Keller Williams Victor Valley | $15,000 | |
| Listed by Keller Williams Victor Valley | |||
Property Highlights
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About Salton City
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marcus Shivers, Keller Williams Victor Valley
Last Updated: 2 years ago
Data Source: CRMLS, MLS# HD25092304
Last Updated: 2 years ago
Data Source: CRMLS, MLS# HD25092304
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