1111 S San Joaquin, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
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Palm Springs, California 92264
This Reimagined Mid-Century Modern Alexander Home is a Strong Value Opportunity, listed at $1,050,000—positioned well below the $1,172,901 Fair Market Value by 10%. This valuation gap provides $122,901 in Instant Equity. Boasting an Excellent Condition Rating, the residence features a quartz waterfall kitchen, San Jacinto Mountain views, and a refreshed pool on an oversized corner lot. Located on fee land with no HOA and short-term rental potential near Palm Springs High School, it perfectly balances architectural legacy with investment upside. This is an ideal acquisition for Luxury Lifestyle Seekers or Vacation Rental Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 S San Joaquin Subject | $1,050,000* List Price | 3 | 2 | 1,560 | $752 | - |
A 3534 Las Pampas Way Sold | $1,280,000 | 3 | 2 | 1,532 | $836 | 0.6 mi |
B 2517 E Mesquite Avenue Sold | $1,235,000 | 3 | 2 | 1,560 | $792 | 0.1 mi |
C 1518 S La Brea Road Sold | $850,000 | 3 | 2 | 1,560 | $545 | 0.3 mi |
D 1177 S Farrell Drive Sold | $1,265,000 | 3 | 2 | 1,560 | $811 | 0.1 mi |
E 1592 S Compadre Road Sold | $792,000 | 2 | 2 | 1,644 | $482 | 0.4 mi |
F 2795 Alondra Way Sold | $1,200,000 | 3 | 2 | 1,644 | $730 | 0.3 mi |
G 1334 S San Joaquin Drive Active | $1,120,000 List Price | 3 | 2 | 1,560 | $718 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This mid-century home has undergone an extensive recent renovation, featuring a high-end kitchen with a quartz waterfall peninsula and 6-burner stove, fully updated spa-inspired bathrooms with floor-to-ceiling tile, and new large-format tile flooring throughout. All interior finishes, including recessed lighting and fixtures, meet modern quality standards with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1560.
This reimagined mid-century modern Alexander home seamlessly blends classic desert architecture with high-end contemporary finishes, including a quartz waterfall kitchen and spa-inspired bathrooms.
The property is situated on fee land (you own the land) with no HOA fees and is located in a desirable area that allows for short-term rentals, offering significant financial flexibility and ROI potential.
The property was recently sold within the past year on 2025-10-20. The sold price is $640,000.00. The property was recently sold within the past year on 2025-10-09. The sold price is $500,000.00.
At 1,560 square feet for a $1.05M asking price, the home carries a high price-per-square-foot ratio that may challenge buyers looking for more interior living space at this price point.
While the home is beautifully updated, the 1964 construction year may necessitate ongoing maintenance or future upgrades to original underlying systems common in mid-century properties.
Priced to sell and currently the best priced home in desirable Los Compadres! This beautifully reimagined mid-century modern home blends iconic Alexander architecture with refined contemporary design. Situated on a .29-acre corner lot on fee land (you own the land) with NO HOA, the home offers select San Jacinto Mountain views, no above ground power lines, and is located in an area that allows for short-term rentals (buyer to verify). Featuring a bright open floor plan with large format tile flooring, recessed lighting, and a sleek tile-wrapped fireplace. The updated kitchen showcases warm cabinetry, a quartz waterfall peninsula, globe pendant lighting, and a 6-burner stove. Glass sliders open to a refreshed pool, sun-filled patios, and seamless indoor-outdoor living. A ficus hedge along the side fence line enhances privacy, while a gated side yard with a mature lemon tree offers a charming bonus space, ideal for a hot tub, garden, or potential ADU. Both bathrooms are thoughtfully updated with floor-to-ceiling tile and spa-inspired finishes. A rare opportunity in one of South Palm Springs’ most sought after neighborhoods. Whether you’re seeking full-time living, a desert retreat, or a rental opportunity, this home is priced to move. Don’t miss it!
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 2.8 mi
Grades K-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,560 | 2,266 | 17% |
| Lot Size | 12,632.4 | 10,019 | 80% |
| Price | $1.05M | $1.34M | 31% |
| Price per sq ft | $673 | $609 | 63% |
| Built year | 1964 | 1976 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 158 | 1% |
Mar 31, 2026
$1,050,000
Initial Listing
Oct 20, 2025
$640,000
Public Record
Oct 9, 2025
$500,000
Public Record