1065 E San Jacinto Way, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

1065 E San Jacinto Way, Palm Springs, California 92262 home-pic-0
ACTIVE$900,000$1,664/sqft
Est. Value: $603,812
-32%
AboveEstimate
1065 E San Jacinto Way, Palm Springs, California 92262
2Beds
2Baths
1,664Sqft
9,583Lot

Price Vs. Estimate

The estimated value ($603,812.22) is $296,187.78 (32%) lower than the list price ($900,000). This property may be overpriced.

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 = 9583, living area = 1664.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.

Compared to the nearby listings

Price:$900.0K vs avg $900.0K (+$0)50%
Size:1,664 sqft vs avg 2,014 sqft34%
Price/sqft:$541 vs avg $48060%

More Insights

Built in 1934 (92 years old).
Condition: Built in 1934, this property features a recently updated exterior (new paint, new tile roof) which is a positive. However, the interior, particularly the kitchen and bathrooms, is significantly dated. The kitchen has tile countertops, older white appliances, and traditional wood cabinets. Bathrooms also feature tile countertops and basic, outdated fixtures. While functional and clean, these areas require substantial renovation and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria for needing significant updates to key components.
Year Built
1934
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$541
HOA
-
Days on market
-
Sold On
-
MLS number
219140233PS
Home ConditionPoor
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

Charming 1934 Movie Colony Bungalow, 1/2 block from Ruth Hardy Park, and just a few blocks from Downtown Palm Springs. This Mediterranean style home exudes the Palm Springs ''Hollywood Era'' feel. The home features two spacious bedrooms, both with attached bathrooms. Other features include vaulted ceilings, a dramatic feature fireplace, generous secondary living / dining room and a bonus room, which is full of possibilities. Outside, you'll find mountain views, plenty of room for a pool, an expansive covered patio, new exterior paint, new tile roof and a separate laundry room. With some updating, this could become a true Movie Colony star!

J
John Murasky
Listing Agent

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.2mi
4/10
Raymond Cree Middle School
Public,6-80.6mi
6/10
Palm Springs High School
Public,9-121.5mi
4/10
Desert Learning Academy
Public,K-121.6mi

Price History

Date
Event
Price
05/19/97
Sold
$65,500
03/31/94
Sold
$106,000
11/06/18
Sold
$530,000
Condition Rating
Poor

Built in 1934, this property features a recently updated exterior (new paint, new tile roof) which is a positive. However, the interior, particularly the kitchen and bathrooms, is significantly dated. The kitchen has tile countertops, older white appliances, and traditional wood cabinets. Bathrooms also feature tile countertops and basic, outdated fixtures. While functional and clean, these areas require substantial renovation and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria for needing significant updates to key components.
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 = 9583, living area = 1664.
Prime Location: Situated in the highly desirable Movie Colony East subdivision, just 1/2 block from Ruth Hardy Park and a few blocks from Downtown Palm Springs, offering excellent walkability and access to amenities.
Historic Charm & Architectural Character: A charming 1934 Mediterranean style bungalow exuding a classic 'Hollywood Era' feel, featuring vaulted ceilings and a dramatic feature fireplace, appealing to buyers seeking unique historical properties.
Outdoor Potential & Views: Boasts a generous 9583 sqft lot with ample room for a pool, an expansive covered patio, and desirable mountain views, providing significant outdoor living and entertainment possibilities.
Recent Exterior Upgrades: Benefits from recent updates including new exterior paint and a new tile roof, reducing immediate exterior maintenance concerns for the new owner.
Functional Layout & Versatility: Features two spacious bedrooms, both with attached bathrooms, and a bonus room full of possibilities, offering a practical and flexible living space.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
Requires Significant Interior Updating: The property description explicitly states that 'With some updating, this could become a true Movie Colony star!', indicating a need for substantial interior renovation to modernize and maximize its potential.
Lack of Existing Pool: While there is 'plenty of room for a pool,' the absence of an existing pool is a notable drawback in the Palm Springs market, requiring additional investment for installation to meet common buyer expectations.
Potential for Outdated Infrastructure: As a 1934 build, the property likely has original or older internal systems (e.g., plumbing, electrical, HVAC), which may not be as efficient or reliable as modern systems and could require future upgrades.
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