1518 S La Brea Road, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
1518 S La Brea Road
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 1518 S La Brea Road, Palm Springs, California 92264 reveals a Fairly Priced Property with a current list price of $950,000 aligned with the estimated $953,313 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 1518 S La Brea Road Subject | $950,000* List Price | 3 | 2 | 1,560 | $611 | - |
A 801 S Sunrise Way Sold | $1,050,000 | 3 | 2 | 1,864 | $563 | 0.9 mi |
B 3534 Las Pampas Way Sold | $765,000 | 3 | 2 | 1,532 | $499 | 0.3 mi |
C 657 S Highland Drive Sold | $710,000 | 3 | 2 | 1,388 | $512 | 0.7 mi |
D 888 S Calle Santa Cruz Sold | $805,000 | 3 | 3 | 1,317 | $611 | 1.0 mi |
E 901 S Calle Tomas Sold | $780,000 | 3 | 2 | 1,717 | $454 | 1.0 mi |
F 2795 Alondra Way Active Under Contract | $1,225,000 List Price | 3 | 2 | 1,644 | $745 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1966 Alexander Construction home is move-in ready and well-maintained. It features a tastefully remodeled modern kitchen with updated cabinetry and stainless steel appliances, along with newer dual-pane windows and doors for improved efficiency. While the listing suggests room for further personalization in some areas, the primary living spaces, flooring, and outdoor pool area have been significantly updated or refreshed, meeting the criteria for a well-maintained property within its age bracket.
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 = 1560.
- Architectural Pedigree
Built by the legendary Alexander Construction Company, this 1966 home captures the essence of Desert Modernism with its iconic clean lines and indoor-outdoor synergy.
- Unobstructed Mountain Views
Located in the Los Compadres neighborhood, the property benefits from buried power lines, providing 'photo-perfect' and panoramic views of the surrounding mountains.
CONSRISKS & DEFICIENCIES
- Incomplete Modernization
While the kitchen and windows are updated, the home is positioned as a 'foundation' for personalization, suggesting other areas like bathrooms or flooring may require further investment.
- Long-Term Ownership Wear
Held by the same owner for over thirty years, the property likely requires a comprehensive inspection to address potential deferred maintenance or aging systems typical of a 1960s build.
About 1518 S La Brea Road
Experience the quintessential Palm Springs lifestyle in this 3-bedroom, 2-bathroom classic built in 1966 by the legendary Alexander Construction Company. Located in the highly sought-after Los Compadres neighborhood historically known as Araby Estates, this property offers a unique blend of architectural pedigree and incredible value. The Los Compadres neighborhood is celebrated for its rich history, originally centered around the area's historic equestrian club. Unlike many other communities of its era, this enclave features buried power lines for unobstructed, "photo-perfect" mountain views and wide, sidewalk-lined streets that showcase the thoughtful development making it a local favorite for decades. Offered for the first time in over thirty years, this home has been a cherished retreat and features significant updates. The kitchen has been tastefully remodeled, offering a contemporary workspace that honors the home's original architectural flow. Efficiency is enhanced by newer dual-pane windows and doors throughout, while the outdoor living space has been thoughtfully improved with a recently resurfaced pool deck and a new custom patio covering, providing the perfect setting for desert entertaining. True to its 1966 roots, the home showcases the clean lines and indoor-outdoor synergy that defined the Desert Modernism movement. This is a rare chance to acquire a piece of Palm Springs history and personalize a classic Alexander to your own taste. We have priced this property aggressively - well under the market value of fully remodeled homes in the immediate area, providing the savvy buyer with immediate equity and a prime foundation in one of the city's most peaceful and picturesque neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 1.4 mi
Raymond Cree Middle School
Grades 6-8 • 3.1 mi
Desert Learning Academy
Grades K-12 • 0.9 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 | 2.0 | 3.0 | 25% |
| Square foot | 1,560 | 2,303.5 | 19% |
| Lot Size | 9,583 | 10,236.5 | 45% |
| Price | $950.0K | $1.43M | 25% |
| Price per sq ft | $609 | $608 | 51% |
| Built year | 1966 | 1972 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 163 | 1% |
Pricing History
Listed for Sale
Feb 17, 2026
$950,000
Initial Listing