Description

Palm Springs Remodel Project

Palm Springs, CA 92262

4 bed | 2 baths | 1,344 sq ft | 9,148 sq ft lot

Vacant – Call/Text/Email me for an appointment
Plenty of equity and great comps to support the value.
It’s a good-sized 4/2, and sits on a HUGE 9148 sf lot! Plenty of room to add a pool or ADU.
The location is in Desert Park Estates on the north side of Palm Springs It’s a nice, quiet neighborhood perfect for the eventual retail sale.
Purchase Price: $420,000
Rehab: $65,000 (additional cost for a pool if desired)
ARV: $725,000

Comps:
1) 2031 Arnica is a beautiful remodel which is 100 sf smaller, and only has 3 bedrooms. It sold for $715K with a new pool. It’s an older comp from last summer, but is around the corner and also a modular home. The flipper bought the house for $440,000!

2) 2901 Via Escuela is an as-is house needing updating. It’s a little larger at 1550 sq. and sold for $700,000 in April.