590 W Avenida Cerca, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
ACTIVE$370,000
590 W Avenida Cerca, Palm Springs, California 92262
3Beds
2Baths
1,440Sqft
7,405Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1440.
Top Cons:
Fixer-Upper Condition: Explicitly stated as a 'fixer upper,' indicating the need for substantial renovation and immediate capital investment.
Compared to the nearby listings
Price:$370.0K vs avg $925.0K ($-555,000)2%
Size:1,440 sqft vs avg 2,096 sqft20%
Price/sqft:$257 vs avg $4905%
More Insights
Built in 1965 (60 years old).
Condition: Built in 1965 and explicitly described as a 'fixer upper,' this property requires substantial rehabilitation. The kitchen features very dated light wood cabinets, old countertops, and a mix of appliances, indicating a lack of recent renovation. The living area shows worn flooring and a boarded-up window, suggesting significant deferred maintenance. While solar panels are a positive, the overall condition points to major systems and interior finishes needing extensive updates and repairs.
Year Built
1965
Close
-
List price
$370K
Original List price
$370K
Price/Sqft
$257
HOA
-
Days on market
-
Sold On
-
MLS number
219131985PS
Home ConditionPoor
Features
Good View:
View-
About this home
Great Palm Springs Opportunity. Discover unlimited potential in this charming 3-bedroom, 2-bathroom fixer upper home, perfectly positioned in the heart of Palm Springs. Just minutes from downtown, this is your chance to create the desert escape you've always dreamed of -- or craft a high-reward investment in one of California's most iconic Air BNB destinations. Solar panels provide substantial energy savings. This home is perfect for the investor looking to turn this home as an Air BNB paradise.
Nearby schools
7/10
Katherine Finchy Elementary School
Public,•K-5•2.0mi
4/10
Cahuilla Elementary School
Public,•K-5•4.0mi
4/10
Raymond Cree Middle School
Public,•6-8•1.7mi
6/10
Palm Springs High School
Public,•9-12•3.7mi
4/10
Desert Learning Academy
Public,•K-12•3.8mi
Condition Rating
Poor
Built in 1965 and explicitly described as a 'fixer upper,' this property requires substantial rehabilitation. The kitchen features very dated light wood cabinets, old countertops, and a mix of appliances, indicating a lack of recent renovation. The living area shows worn flooring and a boarded-up window, suggesting significant deferred maintenance. While solar panels are a positive, the overall condition points to major systems and interior finishes needing extensive updates and repairs.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1440.
Desirable Location: Perfectly positioned in the heart of Palm Springs, just minutes from downtown, offering convenience and high appeal.
Strong Investment Potential: Marketed as a high-reward investment, ideal for AirBnB or short-term rentals in a popular tourist destination.
Energy Efficiency: Equipped with solar panels, providing substantial energy savings and reducing utility costs.
Value-Add Opportunity: Described as a 'fixer upper' with 'unlimited potential,' allowing for significant customization and equity growth.
Generous Lot Size: Features a 7,405 sqft lot, providing ample outdoor space for landscaping, expansion, or amenities.
Cons
Fixer-Upper Condition: Explicitly stated as a 'fixer upper,' indicating the need for substantial renovation and immediate capital investment.
Age of Property: Built in 1965, suggesting that major systems (e.g., plumbing, electrical, HVAC, roof) may be original or outdated and require modernization.
Unspecified Renovation Scope: The 'unlimited potential' implies an unknown scope and cost of necessary renovations, posing a financial risk to buyers.