1274 S Beverly Drive, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 3 bath
1274 S Beverly Drive
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 1274 S Beverly Drive, Palm Springs, California 92264 reveals a Prime Investment Opportunity with a current list price of $1,100,000—significantly undercutting the $1,146,060 Fair Market Value by 4%. This valuation gap indicates a +$46,060 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1274 S Beverly Drive Subject | $1,100,000* List Price | 3 | 3 | 2,045 | $560 | - |
A 1911 Torchlight Lane Sold | $1,415,000 | 3 | 3 | 2,412 | $587 | 0.7 mi |
B 801 S Sunrise Way Sold | $1,050,000 | 3 | 2 | 1,864 | $563 | 0.9 mi |
C 1879 Torchlight Lane Sold | $1,285,000 | 2 | 3 | 2,268 | $567 | 0.5 mi |
D 555 S Roxbury Drive Sold | $1,375,000 | 5 | 4 | 2,542 | $541 | 0.6 mi |
E 2993 Candlelight Lane Sold | $1,152,500 | 2 | 3 | 2,307 | $500 | 0.6 mi |
F 2997 E Alta Loma Drive Active Under Contract | $1,345,000 List Price | 3 | 3 | 2,045 | $658 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent capital improvements, including a new roof installed in 2023 and a solar system with battery backup added in 2024. The kitchen has been updated, and the main living areas feature high-quality travertine tile. While the 1975 build date and carpeted bedrooms reflect some age, the overall maintenance of major systems and the functional, updated layout justify a 'good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 2045.
- Recent Capital Improvements
The property features significant high-value upgrades, including a new roof installed in 2023 and a leased solar system with a battery pack added in 2024, offering enhanced energy efficiency and reduced immediate maintenance concerns.
- Premium Outdoor Living
The backyard serves as a private oasis with a resort-style pool, spa, and covered patio, all framed by panoramic mountain views and the rare benefit of no visible overhead power lines.
CONSRISKS & DEFICIENCIES
- Solar Lease Encumbrance
The solar panels and battery system are leased rather than owned, which necessitates a lease assumption by the buyer and may complicate the financing process or overall debt-to-income calculations.
- Dated Flooring Elements
While the kitchen and main areas feature travertine, the presence of carpeted bedrooms in a 1975 build may be perceived as dated by modern buyers looking for a seamless, hard-surface aesthetic.
About 1274 S Beverly Drive
Beverly Drive Delight - South Palm Springs! Two primary suites, guest bedroom, additional office/den, and 1 Full Bath, and 2 three quarter baths. Updated kitchen, open living/dining with high ceilings and gas fireplace. Travertine Tile floors, carpeted bedrooms, resort-style pool & spa, covered patio, and panoramic mountain views. New roof 2023 Leased solar panels with battery pack 2024. Within Los Compadres Estates, the Association features HOA-maintained tennis and striped pickle-ball courts set within a gated common area, along with a landscaped grassy area nearby. Access, use, and maintenance are governed by HOA rules and fees. Set within the established Los Compadres Estates, this location offers a classic Palm Springs charm backdrop with mountain views and no visible overhead power lines. Conveniently positioned near Smoke Tree Commons, the CV Link bike path, and downtown Palm Springs, with its recently renovated Plaza Theatre, VillageFest, and diverse dining scene. Easy connectivity to Palm Desert's El Paseo, the Indian Wells Tennis Garden, and the area's many year-round events completes the appeal. Palm Springs living at its best!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $80.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 1.5 mi
Raymond Cree Middle School
Grades 6-8 • 3.0 mi
Desert Learning Academy
Grades K-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,045 | 2,303.5 | 36% |
| Lot Size | 9,583 | 10,236.5 | 45% |
| Price | $1.10M | $1.43M | 32% |
| Price per sq ft | $538 | $606 | 38% |
| Built year | 1975 | 1972 | 55% |
| HOA | $80.0 | $0 | 71% |
| Days on market | 35 | 163 | 3% |
Pricing History
Listed for Sale
Jan 31, 2026
$1,100,000
Initial Listing
Sold
Dec 31, 2012
$100,000
Public Record