
Palm Springs, California 92264
This Value-Add Residential Project is listed at $635,000, with a $574,759 Fair Market Value reflecting its current distressed state. Marketed as a full-scale renovation, the property carries a Condition Rating of 5 due to neglect and unfinished interiors. Despite the required capital expenditure, the asset offers premium features including a Lagoon-Shaped Pool, Spa, and San Jacinto Mountain Views on an expansive 10,890 sqft Lot. Located in the Los Compadres neighborhood near Palm Springs High School, this property offers significant forced appreciation potential. This project is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3174 E Cajon Circle Subject | $635,000* List Price | 3 | 2 | 1,532 | $375 | - |
A 3962 E Camino Parocela Sold | $462,000 | 3 | 2 | 1,365 | $338 | 0.9 mi |
B 3 Karlisa Active Under Contract | $497,300 List Price | 3 | 2 | 1,518 | $328 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 (46 years old), this property is explicitly marketed as a 'project' for investors. While it has some mid-life updates like granite counters, the interior shows significant signs of neglect or halted renovation, including missing cabinet drawers, unfinished drywall/baseboards in the kitchen, and dated bathroom fixtures. The garage reveals older HVAC systems and an unfinished ceiling, meeting the criteria for a property needing a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1532.
Situated on a quiet cul-de-sac in the desirable Los Compadres neighborhood, the expansive 10,890 sqft lot offers exceptional privacy and significant potential for outdoor expansion or reconfiguration.
The property features a lagoon-shaped pool and spa that serves as a perfect vantage point for breathtaking, unobstructed views of the San Jacinto Mountains, a premier feature for the area.
The property is explicitly marketed as a project needing to be 're-imagined,' which will require a substantial additional budget and timeline for interior and exterior updates.
Built in 1978, the home likely requires modernization of major systems and aesthetic finishes to meet the expectations of contemporary Palm Springs buyers.
Three-bedroom, two-bath pool home on an expansive lot awaits in quiet Los Compadres cul-de-sac. Ready to be updated and re-imagined, this property is perfectly suited for investors or end-users looking for a project. Offering a functional interior footprint with an attached two-car garage, the scale of the lot provides room to expand, reconfigure, or maximize outdoor enjoyment. A lagoon-shaped pool with attached spa anchors the backyard, which offers fantastic views of the San Jacinto Mountains.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 6-8 • 3.2 mi
Grades K-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 26% |
| Square foot | 1,532 | 2,307 | 12% |
| Lot Size | 10,890 | 10,019 | 59% |
| Price | $635.0K | $1.42M | 7% |
| Price per sq ft | $414 | $623 | 18% |
| Built year | 1978 | 1977 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 144 | 2% |
May 6, 2026
$635,000
Initial Listing