
Palm Springs, California 92262
This Turnkey Short-Term Rental Asset is a High-Potential Investment Opportunity, listed at $569,000—positioned well below the $569,225 Fair Market Value by 0.04%. Featuring a Mint Condition Rating and sold fully furnished, this property offers immediate income potential in a market with active short-term rental demand. The Oversized Corner Lot provides significant value-add potential for an outdoor oasis. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with no HOA fees.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3700 Eastgate Road Subject | $519,000* List Price | 3 | 2 | 1,248 | $418 | - |
A 14 Ashby Circle Sold | $660,000 | 3 | 2 | 1,248 | $529 | 0.2 mi |
B 386 W Sunview Avenue Sold | $397,800 | 4 | 2 | 1,352 | $294 | 0.3 mi |
C 461 W Palm Vista Sold | $540,000 | 4 | 2 | 1,284 | $421 | 0.2 mi |
D 485 485 W Tramview Sold | $395,000 | 4 | 2 | 1,318 | $300 | 0.2 mi |
E 481 W Sunview Sold | $657,000 | 4 | 2 | 1,318 | $498 | 0.2 mi |
F 490 W Palm Vista Drive Sold | $574,900 | 4 | 2 | 1,318 | $436 | 0.2 mi |
G 323 W Palm Vista Drive Active | $649,000 List Price | 3 | 2 | 1,309 | $496 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1961, the property has undergone a recent comprehensive renovation (likely within the last 5 years) as evidenced by the modern kitchen with stainless steel appliances, updated bathrooms with contemporary vanities and fixtures, and fresh interior finishes. It is in mint, move-in ready condition and marketed as short-term rental ready.
The property is sold fully furnished and is located in an area where the short-term rental cap has not been met, offering a turnkey opportunity for immediate income generation through Airbnb or VRBO.
This home is situated on fee land, meaning you own the land rather than leasing it, and features no HOA fees, providing greater financial autonomy and lower monthly carrying costs.
The oversized quarter-acre corner lot is fully fenced and provides a blank canvas with significant space to build a custom pool, spa, or outdoor entertainment oasis.
At 1,248 square feet for a three-bedroom configuration, the interior living spaces may feel somewhat small or congested for families or groups.
Located in the North End of Palm Springs, the property is more susceptible to the high winds and blowing sand characteristic of this specific microclimate compared to more sheltered southern neighborhoods.
Newly updated and stylish home minutes to Downtown Palm Springs. Sold fully furnished and perfectly located close to all the excitement Palm Springs has to offer! Sleep comfortably in one of 3 spacious bedrooms. 8 minutes away from the hub of Downtown and a couple minutes from the famous Ariel Tram. Oversized quarter acre fully fenced corner lot perfect to build your outdoor oasis. No HOA and you own the land. Home is short term rental ready with everything you need to obtain a permit with zero hassle! The short term rental cap has not yet been met so huge opportunity to earn a great income through Airbnb and VRBO. Beautiful mountain views surround you.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades K-5 • 3.9 mi
Grades 6-8 • 1.7 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 | 48% |
| Square foot | 1,248 | 1,939.5 | 9% |
| Lot Size | 11,326 | 9,583 | 71% |
| Price | $519.0K | $875.0K | 9% |
| Price per sq ft | $416 | $487 | 33% |
| Built year | 1961 | 1986 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 180 | 1% |
May 29, 2026
$519,000
$569,000
-9% Price Drop
Initial Listing
May 22, 2026
$569,000
Initial Listing
Jul 31, 2023
$500,000
Public Record
Apr 2, 2021
$270,000
Public Record
Feb 2, 2010
$39,000
Public Record