This property in Desert Hot Springs has a solid foundation for flipping potential given its location in the desirable Wardman Heights neighborhood. With a valuation of $119K and nearby comps averaging around $377K to $400K, there's potential for significant price appreciation. However, the property is tenant-occupied, which may delay renovations and sales.
To enhance flip potential, consider minor cosmetic upgrades to attract buyers while the current lease is honored. Once vacated, a strategic renovation could maximize value, potentially yielding a return closer to the neighborhood's median pricing. This investment could be beneficial, but timing and execution are key.