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Key Details
Sold Price $800,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Gateway Highlands (33107)
MLS Listing ID OC22129162
Sold Date 08/01/22
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1960
Lot Size 10,018 Sqft
Property Description
Welcome to this fully remodeled, mid century pool home. This home has been reimagined from top to bottom with a brand new open concept kitchen and living area with vaulted ceilings. All new windows and sliders, brand new hvac, new recessed lights, new bathrooms, new modern style flooring, new landscape, and best of all a brand new pool and spa. The home is situated on just over a quarter acre 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, NO 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 rapidly, 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. Palm Springs has a rich history of design and architecture that is world renowned. Now is your chance to become a pioneer for this part of town and turn this property into a celebrated home that Palm Springs history will always remember.
Location
State CA
County Riverside
Area 331 - North End Palm Springs
Zoning R1C
Rooms
Main Level Bedrooms 3
Ensuite Laundry In Carport
Interior
Interior Features All Bedrooms Down
Laundry Location In Carport
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry In Carport
Exterior
Pool Private
Community Features Biking
View Y/N Yes
View Mountain(s)
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 669364007
Acceptable Financing Cash, Conventional, FHA, Fannie Mae, VA Loan
Listing Terms Cash, Conventional, FHA, Fannie Mae, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Evan Chait • USA Realty and Loans
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605