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1995 Lawrence Street, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath

1995 Lawrence Street, Palm Springs, California 92264 home-pic-0
ACTIVE$399,000
1995 Lawrence Street, Palm Springs, California 92264
3Beds
2Baths
1,000Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($399,000) is $0 (0%) lower than the list price ($399,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Location & Views: Situated on the legendary Tahquitz Creek golf course with breathtaking San Jacinto mountain views, offering a highly desirable and scenic setting.
Top Cons:
Cosmetic Fixer Condition: The property is described as a 'cosmetic fixer,' indicating immediate need for updates and renovations, which will require additional investment and effort from the buyer.

Compared to the nearby listings

Price:$399.0K vs avg $1.28M ($-879,500)2%
Size:1,000 sqft vs avg 2,172.5 sqft2%
Price/sqft:$399 vs avg $59113%

More Insights

Built in 1961 (64 years old).
Condition: Built in 1961, this property is explicitly described as a 'mid-century cosmetic fixer.' This indicates that while the structure may be sound, the interior, particularly the kitchen and bathrooms, are likely original or very outdated and require substantial renovation to meet modern standards. The absence of interior photos further suggests that these areas are not a selling point in their current condition. The property requires significant rehabilitation to improve its aesthetic and functional quality, aligning with the 'poor' condition criteria.
Year Built
1961
Close
-
List price
$399K
Original List price
$499K
Price/Sqft
$399
HOA
-
Days on market
-
Sold On
-
MLS number
219133672DA
Home ConditionPoor
Features
Excellent View: Golf Course, Mountain(s)
ViewGolf Course,Mountain(s)

About this home

Mid Century Home in South Palm Springs - This mid century cosmetic fixer is located on the legendary Tahquitz Creek golf course with breathtaking San Jacinto mountain views! Large lot featuring: 3 bedrooms, 1.5 bathrooms and a living room/dining area. This home offers fantastic potential to make it your own. The backyard is landscaped, with plenty of room to entertain unwind or add a pool. Driveway + 2 covered carport spaces. The property shares the same floorplan as the renovated home next door which recently sold at $760K and was subsequently listed close to $1M - highlighting the incredible upside and value opportunity here + for those seeking added potential, the carport could be converted into ADU or garage or even multiple units creating possibility of a triplex. This home represents one of the best deals in Palm Springs. Close to shopping retail, restaurants, Golf and the historical Palm Canyon Drive. Don't miss out on the chance to own a Palm Springs home with built in value and unlimited potential!

Condition Rating
Poor
Built in 1961, this property is explicitly described as a 'mid-century cosmetic fixer.' This indicates that while the structure may be sound, the interior, particularly the kitchen and bathrooms, are likely original or very outdated and require substantial renovation to meet modern standards. The absence of interior photos further suggests that these areas are not a selling point in their current condition. The property requires significant rehabilitation to improve its aesthetic and functional quality, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Exceptional Location & Views: Situated on the legendary Tahquitz Creek golf course with breathtaking San Jacinto mountain views, offering a highly desirable and scenic setting.
Significant Value Appreciation Potential: A comparable renovated home next door recently sold for $760K and was listed near $1M, highlighting substantial upside and investment opportunity for this 'best deal' in Palm Springs.
ADU/Conversion Opportunity: The carport can be converted into an ADU, garage, or even multiple units, creating potential for additional income or expanded living space.
Desirable Mid-Century Architecture: A classic Mid-Century home in South Palm Springs, appealing to buyers seeking this iconic and sought-after architectural style.
Spacious Outdoor Living: Features a large, landscaped backyard with ample room to entertain, unwind, or add a pool, enhancing the Palm Springs lifestyle.

Cons

Cosmetic Fixer Condition: The property is described as a 'cosmetic fixer,' indicating immediate need for updates and renovations, which will require additional investment and effort from the buyer.
Limited Bathroom Count: With 3 bedrooms and only 1.5 bathrooms, the property may be insufficient for some buyers, potentially necessitating future expansion or renovation of facilities.
Smaller Interior Square Footage: At 1000 sqft, the interior living space is relatively compact for a 3-bedroom home, which might be a consideration for buyers desiring more spacious accommodations.

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