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1501 E Twin Star Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

1501 E Twin Star Road, Palm Springs, California 92262 home-pic-0
ACTIVE$450,000
1501 E Twin Star Road, Palm Springs, California 92262
3Beds
2Baths
1,160Sqft
4,356Lot

Price Vs. Estimate

The estimated value ($450,000) is $0 (0%) lower than the list price ($450,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Palm Springs Location: Situated in a highly desirable Palm Springs neighborhood, offering strong market appeal and potential for appreciation.
Top Cons:
Extensive Renovation Required: The home is explicitly stated to be in need of significant repairs and cosmetic upgrades throughout, including flooring, kitchen, and landscaping.

Compared to the nearby listings

Price:$450.0K vs avg $925.0K ($-475,000)5%
Size:1,160 sqft vs avg 2,096 sqft3%
Price/sqft:$388 vs avg $49030%

More Insights

Built in 1982 (43 years old).
Condition: Built in 1982, this property is 42 years old and explicitly described as a 'diamond in the rough' needing 'extensive renovation' and 'repairs and cosmetic upgrades throughout—including flooring, kitchen, and landscaping.' The images confirm this, showing a severely outdated kitchen with old cabinets and countertops, and flooring that is either missing (subfloor visible) or heavily worn/stained. Walls are dirty and in need of paint. The 'Sold As-Is' condition and 'Cash or hard money offers only' further indicate that the property requires substantial repairs and rehabilitation to be safely and comfortably livable.
Year Built
1982
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$388
HOA
-
Days on market
-
Sold On
-
MLS number
SR25117671
Home ConditionPoor
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood

About this home

Attention Investors and Fixer-Upper Specialists! Opportunity knocks in the heart of Palm Springs! This 3 bed / 2 bath single-family home located at 1501 E Twin Star Rd is a true diamond in the rough, ready for your vision and renovation expertise. Sitting on a generous lot with mountain views and no HOA, this property offers incredible upside potential for a flip, long-term rental, or short-term investment. The home is in need of repairs and cosmetic upgrades throughout—including flooring, kitchen, and landscaping—making it the perfect blank canvas for seasoned investors. The layout offers great bones and a functional floor plan, plus a private backyard with room to customize. Properties in this neighborhood have seen strong appreciation, and with the right improvements, this could be a standout investment. Bring your contractor and your imagination—this is a rare value-add opportunity in a highly desirable Palm Springs location. Cash or hard money offers only. Sold As-Is. Seller will make no repairs.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.1mi
6/10
Palm Springs High School
Public,•9-12•2.9mi
4/10
Desert Learning Academy
Public,•K-12•3.1mi
Condition Rating
Poor
Built in 1982, this property is 42 years old and explicitly described as a 'diamond in the rough' needing 'extensive renovation' and 'repairs and cosmetic upgrades throughout—including flooring, kitchen, and landscaping.' The images confirm this, showing a severely outdated kitchen with old cabinets and countertops, and flooring that is either missing (subfloor visible) or heavily worn/stained. Walls are dirty and in need of paint. The 'Sold As-Is' condition and 'Cash or hard money offers only' further indicate that the property requires substantial repairs and rehabilitation to be safely and comfortably livable.
Pros & Cons

Pros

Prime Palm Springs Location: Situated in a highly desirable Palm Springs neighborhood, offering strong market appeal and potential for appreciation.
Significant Value-Add Potential: Described as a 'diamond in the rough' and 'blank canvas,' this property offers substantial upside for investors looking to flip, rent long-term, or use as a short-term investment.
No HOA Fees or Restrictions: The absence of a Homeowners Association eliminates recurring fees and provides greater freedom for property modifications and usage.
Mountain Views: The property boasts desirable mountain views, enhancing its aesthetic appeal and potential resale value.
Functional Floor Plan & Good Bones: The layout offers 'great bones' and a functional floor plan, providing a solid foundation for renovation without requiring major structural changes.

Cons

Extensive Renovation Required: The home is explicitly stated to be in need of significant repairs and cosmetic upgrades throughout, including flooring, kitchen, and landscaping.
Limited Financing Options: The listing specifies 'Cash or hard money offers only,' which significantly restricts the pool of potential buyers.
Sold As-Is Condition: The property is sold 'As-Is' with no seller repairs, placing the full responsibility for all necessary improvements and potential hidden issues on the buyer.

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