2780 N Girasol Avenue, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
ACTIVE$575,000$1,354/sqft
Est. Value: $740,421
28%
BelowEstimate
2780 N Girasol Avenue, Palm Springs, California 92262
3Beds
2Baths
1,354Sqft
17,860Lot
Price Vs. Estimate
The estimated value ($740,421.25) is $165,421.25 (28%) higher than the list price ($575,000). This property may be underpriced.
Key pros and cons
Top Pros:
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 = 17860, living area = 1354.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Compared to the nearby listings
Price:$575.0K vs avg $900.0K ($-325,000)12%
Size:1,354 sqft vs avg 2,014 sqft13%
Price/sqft:$425 vs avg $47936%
More Insights
Built in 1977 (49 years old).
Condition: Built in 1977, this property is explicitly marketed to builders and investors, indicating a need for extensive renovation rather than minor updates. The description 'ready for a new larger life' and the property analysis confirming 'extensive renovation required' and 'dated & smaller existing structure' strongly suggest that the home's systems, finishes, kitchen, and bathrooms are significantly outdated and require substantial rehabilitation. The implied 'as-is' condition further supports that major components likely need repair or replacement to bring the property to a comfortable and functional modern standard.
Year Built
1977
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$425
HOA
-
Days on market
-
Sold On
-
MLS number
219140467DA
Home ConditionPoor
Features
Good View: Hills, Valley
ViewHills, Valley
About this home
Calling all builders, investors and buyers who want to create their own custom home. This 3 bedroom 2 bath , double car attached garage ( 1354 sq ft) is ready for a new larger life on its 17,860 sq ft lot. Valley Views and the quiet neighborhood of Chino Canyon make this the perfect location to expand ( one new build and a major remodel jut down the street )Pls do your inspections before submitting any offer
J
Jon Gordon
Listing Agent
Nearby schools
7/10
Katherine Finchy Elementary School
Public,•K-5•1.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.5mi
6/10
Palm Springs High School
Public,•9-12•3.4mi
4/10
Desert Learning Academy
Public,•K-12•3.5mi
Condition Rating
Poor
Built in 1977, this property is explicitly marketed to builders and investors, indicating a need for extensive renovation rather than minor updates. The description 'ready for a new larger life' and the property analysis confirming 'extensive renovation required' and 'dated & smaller existing structure' strongly suggest that the home's systems, finishes, kitchen, and bathrooms are significantly outdated and require substantial rehabilitation. The implied 'as-is' condition further supports that major components likely need repair or replacement to bring the property to a comfortable and functional modern standard.
Pros & Cons
Pros
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 = 17860, living area = 1354.
Expansive Lot Size: The property boasts a substantial 17,860 sq ft lot, offering significant space for expansion, landscaping, or potential redevelopment.
Prime Location & Neighborhood: Situated in the quiet and desirable Chino Canyon neighborhood of Palm Springs, known for its tranquility and scenic surroundings.
Significant Development Potential: Explicitly marketed to builders, investors, and buyers seeking to create a custom home, with clear indications for expansion or a new build, supported by recent neighborhood activity.
Scenic Views: The property offers desirable Valley and Hill views, enhancing its aesthetic appeal and potential value.
Investment Opportunity: Positioned as a strong value-add opportunity for those looking to customize, expand, or redevelop in a sought-after Palm Springs location.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Extensive Renovation Required: The description 'ready for a new larger life' strongly indicates that the 1977-built home requires significant renovation, modernization, or a complete rebuild to meet contemporary standards and fully utilize the large lot.
Dated & Smaller Existing Structure: With only 1354 sq ft for a 3-bed, 2-bath home built in 1977, the current dwelling is relatively small for the lot size and likely features outdated finishes and systems, necessitating substantial investment.
Implied 'As-Is' Condition: The prompt to 'do your inspections before submitting any offer' combined with the overall description suggests the property is being sold in 'as-is' condition, potentially exposing buyers to unforeseen repair costs and requiring a higher initial investment.