1305 E Rosarito Way, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Value-Add Desert Asset represents a high-upside acquisition in Palm Springs, listed at $550,000 and positioned accurately at its $550,335 Fair Market Value. Currently holding a Condition Rating of 4, the residence is in mostly original condition, providing a clear path for forced appreciation through comprehensive modernization. The property sits on a generous 10,890 sqft lot of Fee Simple Land and features a rare three-car garage and unobstructed mountain views. Located near Vista Del Monte Elementary, this is an ideal project for Fix-and-Flip Investors or Contractors looking to build equity in a quiet cul-de-sac.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1305 E Rosarito Way Subject | $550,000* List Price | 3 | 2 | 1,407 | $391 | - |
A 1838 N Nogales Way Sold | $600,000 | 3 | 2 | 1,746 | $344 | 0.2 mi |
B 1310 E Del Mar Way Sold | $515,000 | 2 | 2 | 1,407 | $366 | 0.1 mi |
C 1425 E Luna Way Sold | $695,000 | 3 | 2 | 1,475 | $471 | 0.5 mi |
D 2940 N Cypress Road Sold | $522,000 | 3 | 2 | 1,320 | $395 | 0.8 mi |
E 1163 E El Cid Sold | $540,000 | 3 | 2 | 1,656 | $326 | 0.1 mi |
F 1494 E Gem Circle Sold | $680,000 | 3 | 2 | 1,475 | $461 | 0.5 mi |
G 1374 E Madero Circle Active | $699,900 List Price | 3 | 2 | 1,392 | $503 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is in mostly original condition and requires comprehensive updates. The kitchen and bathrooms feature dated cabinetry and white square tile countertops typical of the era. While the home appears well-maintained and clean with functional flooring (stained concrete and laminate), the appliances, fixtures, and major systems are aged and show signs of being outdated, fitting the criteria for a property that is functional but needs modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1407.
A significant advantage in Palm Springs, this property is on fee simple land (no lease) and features a generous 10,890 sqft lot with ample space to add a private pool.
The home boasts desirable south-facing exposure and clear mountain views unobstructed by utility wires, situated at the end of a quiet, low-traffic cul-de-sac.
The property is in original condition and requires a comprehensive update, which will necessitate a significant additional capital investment from the buyer.
Given the 1979 construction and 'fixer' status, major systems like HVAC and electrical may require modernization to meet current efficiency standards.
Opportunity knocks with this property! This is a 3/2 south facing home on a large 10,890 lot with great mountain views and no wires. Plenty of room for a pool. You own the land as well. No land lease. Three car garage attached. The home is ready for an update so you can make it your own. Located on a quiet cul-de-sac.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,407 | 1,909.5 | 19% |
| Lot Size | 10,890 | 9,583 | 69% |
| Price | $550.0K | $875.0K | 13% |
| Price per sq ft | $391 | $481 | 30% |
| Built year | 1979 | 1986 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 184 | 0% |
Apr 16, 2026
$550,000
Initial Listing
Jun 8, 2010
$242,500
Public Record
Jun 6, 2006
$435,000
Public Record
Sep 25, 2001
$171,500
Public Record
May 29, 1998
$116,000
Public Record