2072 Arnico Street, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
2072 Arnico Street
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 2072 Arnico Street, Palm Springs, California 92262 reveals a Prime Investment Opportunity with a current list price of $449,000—significantly undercutting the $484,431 Fair Market Value by 7%. This valuation gap indicates a +$35,431 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 2072 Arnico Street Subject | $449,000* List Price | 3 | 2 | 1,200 | $404 | - |
A 2715 E San Angelo Road Sold | $520,000 | 3 | 2 | 1,115 | $466 | 0.5 mi |
B 2002 N Whitewater Club Drive N Sold | $582,500 | 3 | 2 | 1,260 | $462 | 0.1 mi |
C 3457 E Via Escuela Sold | $535,000 | 4 | 2 | 1,344 | $398 | 0.1 mi |
D 2041 Arnico Street Active | $425,000 List Price | 3 | 2 | 1,248 | $341 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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.
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 = 7841, living area = 1200.
- Resort-Style Outdoor Living
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.
- Updated Interior Features
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- Compact Interior Living Space
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.
- Potential for Older Systems
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.
About 2072 Arnico Street
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 7,841 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
Katherine Finchy Elementary School
Grades K-5 • 1.8 mi
Vista Del Monte Elementary School
Grades K-5 • 1.8 mi
Raymond Cree Middle School
Grades 6-8 • 1.5 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 | 45% |
| Square foot | 1,200 | 1,964 | 3% |
| Lot Size | 7,841 | 9,583 | 42% |
| Price | $449.0K | $895.0K | 4% |
| Price per sq ft | $374 | $477 | 26% |
| Built year | 1984 | 1989 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 179 | 2% |
Pricing History
Listed for Sale
Jan 25, 2026
$449,000
Initial Listing
Sold
Oct 17, 2014
$135,000
Public Record
Sold
Apr 26, 2005
$250,000
Public Record
Sold
Oct 31, 2001
$108,000
Public Record
Sold
Feb 28, 1994
$70,000
Public Record