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Thousand Palms, CA

$350,000

72865 La Canada Way, Thousand Palms, CA
4
Beds
2
Baths
1,817
Sq Ft
1951
Built
109
Days listed

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!

Facts & features

Interior
Bedrooms
4
Bathrooms
1 full, 0 half
Living area
1,817 sq ft
Appliances
Gas Range, Gas Water Heater, Refrigerator
Flooring
Stone
Fireplace
Living Room
Heating
Central, Natural Gas
Levels
One
Exterior & lot
Lot size
0.17 acres (7,405 sq ft)
View
Mountains
Year built
1951
Parking
Driveway, On Street
Parking spaces
8
Community
Area
320 - Thousand Palms
County
Riverside
Listing details
Status
Active
Property type
Single Family Residence
Days on market
109
Listed
2026-04-03
Terms
Cash, Cash To New Loan
Parcel #
650161001
MLS #
219145882PS
Listed by
Chandra DaSilva · socal Properties

Location

Price history

Listed
$350,000 · 2026-04-03
Days on market
109
Current price
$350,000
Financing

Could this home be yours?

Estimated monthly payment
$2,196
$1,770 principal & interest · $426 taxes & insurance
$70,000
Estimate only
Loan $280,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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Estimated value range nearby
$459,712$539,662

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of socal Properties. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 27, 2026 Equal Housing Opportunity.

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72865 La Canada Way, Thousand Palms, CA — $350,000 | Your Agent