Palm Springs, CA 92262,431 W Avenida Cerca
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Palm Springs, CA 92262,431 W Avenida Cerca
Palm Springs, CA 92262,431 W Avenida Cerca
Palm Springs, CA 92262,431 W Avenida Cerca
Palm Springs, CA 92262,431 W Avenida Cerca

$865,000

Est. payment /mo

$749,000

15.5%
Est.Price: ?

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431 W Avenida Cerca Palm Springs, CA 92262

3 Beds

2 Baths

1,216 SqFt

SOLD DATE : 05/11/2022

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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California Regional MLS (CRMLS)
Listed by William Green • Fortune Weavers Realty
Bought with Fred Sedighravesh • Keller Williams Realty Irvine
agent

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

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