3570 E Camino Rojos, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
ACTIVE$695,000
3570 E Camino Rojos, Palm Springs, California 92262
3Beds
2Baths
1,363Sqft
10,019Lot
Price Vs. Estimate
The estimated value ($544,191.625) is $150,808.375 (21%) lower than the list price ($695,000). This property may be overpriced.
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 = 10019, living area = 1363.
Top Cons:
Extensive Renovation Required: Explicitly described as a 'Fixer,' the property will require substantial investment in renovations and upgrades to meet modern standards and realize its full potential, which could be a barrier for some buyers.
Compared to the nearby listings
Price:$695.0K vs avg $925.0K ($-230,000)21%
Size:1,363 sqft vs avg 2,096 sqft15%
Price/sqft:$510 vs avg $49154%
More Insights
Built in 1961 (64 years old).
Condition: This property, built in 1961, is explicitly described as a 'Fixer' requiring 'Extensive Renovation.' The age of the home suggests significant 'Age-Related System Concerns' for electrical, plumbing, HVAC, and roof. While the exterior appears structurally sound and maintains its Mid-Century Modern aesthetic, the lack of interior images combined with the 'fixer' designation strongly indicates that the kitchen, bathrooms, and other interior components are severely outdated and require substantial repairs and rehabilitation to meet modern standards and functionality. It is not a tear-down as the architecture is considered iconic and worth preserving, but it is far from move-in ready.
Year Built
1961
Close
-
List price
$695K
Original List price
$718K
Price/Sqft
$510
HOA
-
Days on market
-
Sold On
-
MLS number
219135935PS
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Rare Mid-Century Fixer in El Rancho Vista Estates
Nearby schools
6/10
Vista Del Monte Elementary School
Public,•K-5•2.1mi
4/10
Raymond Cree Middle School
Public,•6-8•1.6mi
6/10
Palm Springs High School
Public,•9-12•1.7mi
4/10
Desert Learning Academy
Public,•K-12•2.0mi
6/10
Cathedral City High School
Public,•9-12•4.3mi
Condition Rating
Poor
This property, built in 1961, is explicitly described as a 'Fixer' requiring 'Extensive Renovation.' The age of the home suggests significant 'Age-Related System Concerns' for electrical, plumbing, HVAC, and roof. While the exterior appears structurally sound and maintains its Mid-Century Modern aesthetic, the lack of interior images combined with the 'fixer' designation strongly indicates that the kitchen, bathrooms, and other interior components are severely outdated and require substantial repairs and rehabilitation to meet modern standards and functionality. It is not a tear-down as the architecture is considered iconic and worth preserving, but it is far from move-in ready.
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 = 10019, living area = 1363.
Iconic Mid-Century Architecture & Location: Situated in the renowned El Rancho Vista Estates, a highly desirable area known for its Mid-Century Modern homes, offering significant architectural appeal and a prestigious address in Central Palm Springs.
Generous Lot Size: The 10,019 sqft lot provides ample space for outdoor living, potential pool installation, landscaping, or even future expansion, enhancing its value in a sought-after urban environment.
Desirable Mountain Views: The property boasts clear mountain views, a premium amenity in Palm Springs that significantly enhances lifestyle and property value.
Investment Potential: As a 'fixer' in a prime location, it offers a unique opportunity for buyers to customize and renovate, potentially increasing its market value significantly upon completion.
Motivated Seller / Price Adjustment: The recent price reductions from $718,000 to $695,000 suggest a motivated seller and potential for negotiation, making it a more attractive prospect for buyers.
Cons
Extensive Renovation Required: Explicitly described as a 'Fixer,' the property will require substantial investment in renovations and upgrades to meet modern standards and realize its full potential, which could be a barrier for some buyers.
Overpriced Relative to Estimation: The current list price of $695,000 is considerably higher than the estimated property value of $576,685.89, indicating it may be overvalued in its current 'fixer' condition.
Age-Related System Concerns: Built in 1961, the property likely has original or aging systems (electrical, plumbing, HVAC, roof) that may require immediate or near-future replacement, adding to the overall cost of ownership.