2072 Arnico Street, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Renovated Desert Oasis is a Strong Value Opportunity, listed at $449,000—positioned well below the $482,054 Fair Market Value by 6%. This valuation gap offers $33,054 in Instant Equity for buyers. Boasting a Good Condition Rating, the home features a Chef’s Kitchen with Granite Counters and a resort-style backyard with a Heated Pool and Mountain Views. Located near Katherine Finchy Elementary, it balances immediate lifestyle appeal with strong rental potential. This is an ideal acquisition for Vacation Rental Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2072 Arnico Street Subject | $439,000* List Price | 3 | 2 | 1,200 | $366 | - |
A 2041 Arnico Street Sold | $405,000 | 3 | 2 | 1,248 | $325 | 0.0 mi |
B 2715 E San Angelo Road Sold | $520,000 | 3 | 2 | 1,115 | $466 | 0.5 mi |
C 2251 N San Gorgonio Road Active | $499,900 List Price | 3 | 2 | 1,134 | $441 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1984, this property has undergone significant and modern renovations in key areas. The kitchen features stainless steel appliances, granite countertops, and updated cabinetry, while the master bathroom boasts a large walk-in shower, modern tiling, and a vessel sink. The flooring throughout is a contemporary wood-look style. These updates make the home move-in ready and align with the 'extensively renovated within 5 to 15 years' criteria. While the age of major systems like HVAC, plumbing, and electrical is not specified and could be older, the visible components are in very good condition, justifying a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1200.
The rear yard features a heated pool with a tanning ledge, a gas fire pit with surround seating, yard art, and fruit trees, creating an exceptional space for entertaining and relaxation.
The property boasts a chef's kitchen with stainless steel appliances and granite countertops, along with redone bathrooms, including a large walk-in shower in the master, providing modern comfort.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 1056. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1200 sqft for a 3-bedroom, 2-bathroom layout, the interior living area is relatively modest, which may not appeal to buyers seeking more expansive accommodations.
Built in 1984, while cosmetic updates are noted, the age and condition of major systems like plumbing, electrical, and particularly the HVAC (crucial in Palm Springs) are not specified, potentially indicating future maintenance or replacement costs.
Opportunity to purchase a move in ready personal residence or vacation rental property. Custom features and custom colors together with a chef's kitchen featuring stainless steel appliances and granite counter tops open to the great room with direct access to the large patio and yard. The rear yard has a heated pool featuring a tanning ledge, and a gas fire pit with surround seating for entertaining. Yard art and fruit trees add to the resort-like atmosphere. The bedrooms are large and the baths have been redone with a large walk-in shower in the master. The front yard is also walled and gated for privacy. This property is adjacent to the new CV link for added enjoyment.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 1.8 mi
Grades 6-8 • 1.5 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 | 1,200 | 1,909.5 | 4% |
| Lot Size | 7,841 | 9,583 | 40% |
| Price | $439.0K | $875.0K | 6% |
| Price per sq ft | $366 | $481 | 27% |
| Built year | 1984 | 1986 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 185 | 16% |
Apr 4, 2026
$439,000
$449,000
-2% Price Drop
Initial Listing
Jan 25, 2026
$449,000
Initial Listing
Oct 17, 2014
$135,000
Public Record
Apr 26, 2005
$250,000
Public Record
Oct 31, 2001
$108,000
Public Record
Feb 28, 1994
$70,000
Public Record