431 W Avenida Cerca, PALM SPRINGS, CA 92262
Desert Gateway Highlands (click for neighborhood info)
Contact me about this home
Sold
$865,000
Sold On 2022-05-11
Overview
MLS #
OC22033153MR
Listed on
2022-02-18
Status
Sold
Price
$749,000
Type
Residential
Subtype
Single Family Residence
Size of home
1,216 sq ft
Beds / Baths
3 / 2.00
Size of lot
7,841 sq ft
Neighborhood
Desert Gateway Highlands
Location address
431 W Avenida Cerca
PALM SPRINGS 92262
PALM SPRINGS 92262
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.
General Information
School District
Palm Springs Unified
Original List Price
$649,000
Price Per Sq/Ft
$711
Furnished
No
HOA Fee
$0.00
Land Type
Fee
Land Lease Expires
N/A
Community Features
BLM/National Forest
Pool
Yes
Pool Description
Private
Spa
No
Year Built
1965
Laundry
Room
Fireplace
No
Heating Type
Central
Cooling Type
Central
Parking Spaces
2
Courtesy of:
William Green /
Fortune Weavers Realty
431 W Avenida Cerca