1111 S San Joaquin, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
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Palm Springs, California 92264
This Turnkey Mid-Century Modern Home represents a Strong Value Opportunity, listed at $1,149,200—positioned well below the $1,221,581 Fair Market Value by 5%. This valuation gap provides $72,381 in Instant Equity. Featuring an Excellent Condition Rating, the property includes a remodeled kitchen, new HVAC, and panoramic mountain views. With a large 12,632 sqft corner lot and no HOA, it offers rare flexibility for an ADU or short-term rental. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1111 S San Joaquin Subject | $1,149,200* List Price | 3 | 2 | 1,560 | $783 | - |
A 2295 E Amarillo Way Sold | $1,453,000 | 4 | 3 | 2,122 | $685 | 0.3 mi |
B 3534 Las Pampas Way Sold | $1,280,000 | 3 | 2 | 1,532 | $836 | 0.6 mi |
C 2964 E Orella Circle Sold | $1,215,000 | 3 | 3 | 1,772 | $686 | 0.3 mi |
D 1518 S La Brea Road Sold | $850,000 | 3 | 2 | 1,560 | $545 | 0.3 mi |
E 2795 Alondra Way Sold | $1,200,000 | 3 | 2 | 1,644 | $730 | 0.3 mi |
F 760 S Palm Avenue Sold | $1,100,000 | 3 | 2 | 1,536 | $716 | 0.5 mi |
G 1175 E San Lucas Road Sold | $1,299,000 | 3 | 3 | 1,769 | $734 | 0.9 mi |
H 641 Dunes Court Sold | $1,160,000 | 2 | 2 | 1,644 | $706 | 0.9 mi |
I 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 property has undergone a comprehensive high-end remodel within the last 5 years, featuring a modern kitchen with waterfall countertops, designer bathrooms with contemporary tile and fixtures, and a new HVAC system. It is in turnkey, mint condition.
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.
Listed at $1,149,200 with a recent appraisal of $1,255,000, this property offers buyers over $100,000 in immediate equity in a highly desirable South Palm Springs neighborhood.
This Alexander Construction mid-century modern home is in turnkey condition, featuring high-end remodels, new A/C, and stunning San Jacinto Mountain views without the obstruction of overhead power lines.
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.
With only 1,560 square feet of living space, the price per square foot is relatively high, which may challenge buyers looking for more interior volume at this price point.
The local public schools are rated between 4 and 6, which may be a drawback for families specifically seeking top-tier educational districts.
Beautifully remodeled 3 bed, 2 bath Alexander Construction home located in the highly sought after Los Compadres neighborhood of South Palm Springs. With a recent appraisal of $1,255,000, this home offers buyers an outstanding opportunity to purchase well below appraised value. Offering iconic mid-century architecture with modern comfort, featuring stunning San Jacinto Mountain views, abundant natural light, updated kitchen and bathrooms with high-end finishes, new A/C, and turnkey condition throughout. Situated on a spacious corner lot, the property offers exceptional privacy thanks to a newly installed side-yard hedge. Additional highlights include no HOA, fee land (you own the land), no overhead power lines, a generous side-yard space offering rare flexibility for possible RV parking, a future ADU, or expanded outdoor living. Located in an area that allows for short term rentals (buyer to verify). Enjoy the best of Palm Springs living with easy access to world-class golf, hiking trails, parks, shopping, dining, and close to downtown. Whether you’re searching for a full-time residence, seasonal retreat, or investment opportunity, this home delivers exceptional value in one of South Palm Springs’ most desirable neighborhoods. Schedule your private showing today.
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,560 | 2,076 |
| Lot Size | 12,632.4 | 10,454 |
| Price | $1.15M | $1.04M |
| Price per sq ft | $737 | $525 |
| Built year | 1964 | 1977 |
| HOA | $0 | $332 |
| Days on market | 12 | 75 |
Jul 10, 2026
$1,149,200
Initial Listing
Oct 20, 2025
$640,000
Public Record
Oct 9, 2025
$500,000
Public Record