
Palm Springs, California 92262
This Heavy Fixer Short Sale is a High-Potential Investment Opportunity listed at $850,000. While the current Fair Market Value is $698,693, the property offers a massive value-add play with an ARV of $1,285,000 based on neighborhood benchmarks. Featuring a 4-bedroom layout, pool, and spa on an 8,276 sqft lot, the home requires total rehabilitation to address its Poor Condition Rating. Located in the Palm Springs Unified District near top-rated schools, this Value-Add Asset 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 |
|---|---|---|---|---|---|---|
★ 3380 N Avenida San Gabrie Subject | $850,000* List Price | 4 | 3 | 2,172 | $322 | - |
A 3260 N Avenida San Gabriel Road Sold | $800,000 | 4 | 4 | 2,543 | $315 | 0.1 mi |
B 1043 E Via Escuela Sold | $675,000 | 3 | 2 | 1,830 | $369 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly listed as a 'heavy fixer' and sold 'as-is with no warranties or repairs.' Images reveal a large blue tarp covering a significant portion of the roof, boarded-up windows, and a severely neglected pool filled with stagnant water and debris. These are clear indicators of substantial defects affecting the property's soundness and safety, requiring extensive repairs and rehabilitation.
Situated in the highly desirable Palm Springs market, offering strong lifestyle appeal and consistent demand.
Listed as a 'heavy fixer' at $850,000, while a recent sale in May 2024 was $1.285M, indicating substantial equity potential post-renovation.
Located near highly-rated schools, including Vista Del Monte Elementary (rated 6) and Palm Springs High School (rated 6), appealing to families.
Explicitly described as a 'heavy fixer,' requiring significant capital investment and effort to bring the property to modern standards.
The property is a short sale, subject to lender approval, which can lead to prolonged closing times, uncertainty, and potential for the deal to fall through.
Offered 'as-is with no warranties or repairs,' meaning the buyer assumes all responsibility for current and future defects, adding financial risk.
Heavy fixer, short sale, all terms, conditions, and final sales price are subject to lender approval, property sold as-is with no warranties or repairs
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 3.0 | 2.0 | 50% |
| Square foot | 2,172 | 1,914 | 61% |
| Lot Size | 8,276 | 9,583 | 43% |
| Price | $850.0K | $875.0K | 48% |
| Price per sq ft | $391 | $481 | 30% |
| Built year | 2001 | 1987 | 63% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 185 | 19% |
Jan 13, 2026
$850,000
Initial Listing
May 16, 2024
$1,285,000
Public Record
Dec 23, 2021
$970,000
Public Record
Oct 29, 2020
$629,000
Public Record
Apr 28, 2015
$414,000
Public Record
Oct 15, 2010
$300,000
Public Record
May 29, 2003
$360,000
Public Record