3380 N Avenida San Gabrie, Palm Springs, California 92262, Palm Springs, 92262 - 4 bed, 3 bath
ACTIVE$850,000$2,172/sqft
Est. Value: $687,471
-19%
AboveEstimate
3380 N Avenida San Gabrie, Palm Springs, California 92262
4Beds
3Baths
2,172Sqft
8,276Lot
Price Vs. Estimate
The estimated value ($687,471.12) is $162,528.88 (19%) lower than the list price ($850,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Palm Springs Location: Situated in the highly desirable Palm Springs market, offering strong lifestyle appeal and consistent demand.
Top Cons:
Extensive Renovation Needed: Explicitly described as a 'heavy fixer,' requiring significant capital investment and effort to bring the property to modern standards.
Compared to the nearby listings
Price:$850.0K vs avg $900.0K ($-50,000)43%
Size:2,172 sqft vs avg 2,023 sqft54%
Price/sqft:$391 vs avg $47929%
More Insights
Built in 2001 (25 years old).
Condition: 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.
Year Built
2001
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$391
HOA
-
Days on market
-
Sold On
-
MLS number
SR26008904
Home ConditionPoor
Features
Pool
Spa
Patio
View-
About this home
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
K
Karl Asatryan
Listing Agent
Nearby schools
6/10
Vista Del Monte Elementary School
Public,•K-5•0.5mi
4/10
Raymond Cree Middle School
Public,•6-8•1.2mi
6/10
Palm Springs High School
Public,•9-12•3.1mi
4/10
Desert Learning Academy
Public,•K-12•3.3mi
Price History
Date
Event
Price
05/16/24
Sold
$1,285,000
12/23/21
Sold
$970,000
10/29/20
Sold
$629,000
04/28/15
Sold
$414,000
10/15/10
Sold
$300,000
05/29/03
Sold
$360,000
Condition Rating
Poor
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.
Pros & Cons
Pros
Prime Palm Springs Location: Situated in the highly desirable Palm Springs market, offering strong lifestyle appeal and consistent demand.
Significant Value-Add Opportunity: Listed as a 'heavy fixer' at $850,000, while a recent sale in May 2024 was $1.285M, indicating substantial equity potential post-renovation.
Excellent School Proximity: Located near highly-rated schools, including Vista Del Monte Elementary (rated 6) and Palm Springs High School (rated 6), appealing to families.
Spacious Floor Plan: Features 4 bedrooms and 3 bathrooms across 2172 sqft, providing ample living space for various needs.
Generous Lot Size: An 8276 sqft lot offers good outdoor space for landscaping, entertaining, or potential expansion.
Cons
Extensive Renovation Needed: Explicitly described as a 'heavy fixer,' requiring significant capital investment and effort to bring the property to modern standards.
Complex Short Sale Transaction: 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.
Sold Strictly As-Is: Offered 'as-is with no warranties or repairs,' meaning the buyer assumes all responsibility for current and future defects, adding financial risk.