1318 E Via Escuela, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
Loading property details...
Palm Springs, California 92262
This High-Potential Investment Opportunity is listed at $1,350,000, positioned above the $1,256,370 Fair Market Value. While priced at a premium, the property functions as a proven Buy-and-Hold Investor asset, boasting a 5-year track record as a successful short-term rental with a transferable LLC. Featuring a Good Condition Rating, the home includes a separate casita, pool and spa, and panoramic mountain views. This turnkey, high-utilization lot is an ideal acquisition for short-term rental operators seeking immediate, established cash flow in a prime Palm Springs location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1318 E Via Escuela Subject | $1,350,000* List Price | 3 | 3 | 1,564 | $803 | - |
A 1331 E Del Paso Way Sold | $1,062,500 | 3 | 2 | 1,407 | $755 | 0.1 mi |
B 805 E Garden Road Sold | $1,060,000 | 3 | 2 | 1,557 | $681 | 0.4 mi |
C 444 E Glen Circle Sold | $975,000 | 3 | 2 | 1,381 | $706 | 0.6 mi |
D 2146 N Blando Road Sold | $980,000 | 3 | 3 | 1,520 | $645 | 0.1 mi |
E 454 E Lindsey Drive Sold | $1,275,000 | 3 | 3 | 1,465 | $870 | 0.8 mi |
F 2550 N Kitty Hawk Drive Sold | $965,000 | 3 | 2 | 1,225 | $788 | 0.3 mi |
G 1161 E El Escudero Active Under Contract | $1,197,500 List Price | 3 | 2 | 1,572 | $762 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1974, the property has undergone a significant modern renovation to support its use as a successful short-term rental for over 5 years. The kitchen and dining areas feature updated cabinetry, stainless steel appliances, and contemporary lighting. The interior shows high-quality maintenance and a 'turn-key' aesthetic. Since the renovation is likely between 5-10 years old, it fits the 'Good' criteria for well-maintained, functional, and move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 1564.
The property has a 5-year track record as a successful short-term rental with a transferable LLC and client list, offering a turnkey opportunity for investors.
Situated on a generous 13,068 sqft level lot, the property features a pool, spa, and stunning mountain views that epitomize the Palm Springs lifestyle.
With a list price of $1.35M for 1,564 sqft, the property carries a high price-per-square-foot that may be difficult to justify for traditional residential buyers.
Built in 1974, the home may require updates to major systems or structural elements to meet modern energy efficiency and aesthetic standards.
3 bedrooms plus casita! Excellent short term rental, beautiful level lot with pool and spa, awesome mountain views, 13,068 sqft lot, 1,546 sqft perfect for entertaining and relaxation. 5+ years a successful short term rental - see Lido Lounge on AirBnB, transferable LLC + rental client list
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,564 | 1,939 | 31% |
| Lot Size | 13,068 | 9,583 | 81% |
| Price | $1.35M | $875.0K | 77% |
| Price per sq ft | $863 | $485 | 89% |
| Built year | 1974 | 1986 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 175 | 1% |
May 28, 2026
$1,350,000
Initial Listing
Aug 25, 2020
$650,000
Public Record
Mar 5, 2015
$380,000
Public Record
Nov 14, 2013
$251,000
Public Record
Nov 21, 2001
$205,000
Public Record
May 25, 2001
$195,000
Public Record
Feb 28, 1997
$90,000
Public Record