$865,000
$749,000
15.5%For more information regarding the value of a property, please contact us for a free consultation.
431 W Avenida Cerca Palm Springs, CA 92262
3 Beds
2 Baths
1,216 SqFt
Key Details
Sold Price $865,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,216 sqft
Price per Sqft $711
Subdivision Gateway Highlands (33107)
MLS Listing ID OC22033153
Sold Date 05/11/22
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1965
Lot Size 7,840 Sqft
Property Description
*CLOSING REMARKS* -FOR FUTURE COMP AND APPRAISAL CONSIDERATIONS, HIGHER OFFERS WERE RECEIVED, HOWEVER, THE SELLER ONLY WANTED TO ACCEPT A NON CONTINGENT OFFER. . Welcome to this fully remolded, mid century pool home. This home has been reimagined from top to bottom with a brand new open concept kitchen, all new windows and sliders, brand new roof done with permits and city inspections, brand new hvac, new recessed lights in every room including the garage, new bathrooms, new polished concrete style flooring, new landscape, and best of all a brand new pool and spa. The home is situated in Palm Springs newest up and coming neighborhood that features some of the best views the town has to offer. The house even has views of the famous Wind Farms. For the investor looking for an amazing return, you will not find a better deal in Palm Springs. The property is projected to gross 6 figures a year as a full time short term rental. With several other successful short term rentals in this neighborhood, including one that grossed 170k last year, incredible views, fantastic finishes and amenities, close proximity to downtown, and no HOA or land lease, this is one of the best turnkey vacation rental options currently on the market. The neighborhood is rapidly changing, there are dozens of flips and new construction starts happening all throughout the neighborhood. And with the Miralon community being built just on the other side of Indian Canyon, big money is certainly taking notice of the area. This is the last affordable neighborhood in Palm Springs and with gentrification happening quickly, including a recent 7 figure sale in this neighborhood, future appreciation is looking strong.
For the investor looking to maximize their ROI, or for the full time resident looking for an affordable Palm Springs home, this is the one. Best of all it can be sold turn key furnished.
Location
State CA
County Riverside
Area 331 - North End Palm Springs
Zoning R1C
Rooms
Main Level Bedrooms 3
Interior
Interior Features All Bedrooms Down, Primary Suite
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool Private
Community Features Near National Forest
View Y/N Yes
View Mountain(s)
Attached Garage Yes
Total Parking Spaces 2
Private Pool Yes
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Palm Springs Unified
Others
Senior Community No
Tax ID 669395014
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Fred Sedighravesh • Keller Williams Realty Irvine
The Wilkas Group - Lenore & Alexander Wilkas
Real Estate Advisors | License ID: 01343201 & 01355442