373 W Avenida Cerca, North Palm Springs, California 92262, North Palm Springs, 92262 - 4 bed, 2 bath

373 W Avenida Cerca
North Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 373 W Avenida Cerca, North Palm Springs, California 92262 reveals a property with a current list price of $525,000, which is 4% above the estimated $503,365 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the North Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 373 W Avenida Cerca Subject | $525,000* List Price | 4 | 2 | 1,313 | $383 | - |
A 481 W Sunview Sold | $657,000 | 4 | 2 | 1,318 | $498 | 0.2 mi |
B 490 W Palm Vista Drive Sold | $574,900 | 4 | 2 | 1,318 | $436 | 0.2 mi |
C 458 W Bon Air Drive Sold | $410,000 | 4 | 2 | 1,318 | $311 | 0.1 mi |
D 386 W Sunview Avenue Sold | $400,000 | 4 | 2 | 1,352 | $296 | 0.2 mi |
E 481 W Sunview Avenue Sold | $395,000 | 4 | 2 | 1,318 | $300 | 0.2 mi |
F 461 W Palm Vista Active | $579,900 List Price | 4 | 2 | 1,284 | $452 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1996, the property has undergone extensive and recent renovations, as evidenced by the description and images. The kitchen features modern white shaker cabinets, sleek quartz countertops, new stainless steel appliances, and contemporary lighting. Both bathrooms are fully updated with modern vanities, LED-lit mirrors, stylish tile work, and new fixtures. The entire home has consistent, new-looking tile flooring. Major systems like the AC, heater, and windows have been recently replaced. The overall aesthetic is fresh, modern, and move-in ready, indicating all components are virtually new and meet current quality standards, aligning with an 'excellent' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 8276, living area = 1313.
- Exceptional Income Potential
Located in the last section of Palm Springs allowing short-term rental permits, this fully furnished home offers significant income-generating opportunities, supported by successful rentals nearby.
- Prime Location & Accessibility
Situated in an up-and-coming neighborhood adjacent to the desirable Miralon community, it's just minutes from downtown Palm Springs dining, shopping, and entertainment.
CONSRISKS & DEFICIENCIES
- Significant Price Reductions
The property has undergone multiple substantial price drops totaling $175,000 from its original list price, which may raise buyer questions regarding initial valuation or market perception.
- Emerging Neighborhood Status
Described as an 'up-and-coming neighborhood,' this implies ongoing development and potential for future growth, but may currently lack the established amenities or consistent property values of more mature areas.
- North Palm Springs Designation
While adjacent to desirable areas, the 'North Palm Springs' address might be perceived differently by some buyers compared to properties located within the more central or historically prestigious areas of Palm Springs.
About 373 W Avenida Cerca
VERY MOTIVATED SELLER has lowered the price $175,000 on this fully furnished home. The home is perfect as a short term rental, a family getaway, or a full-time family residence. Located in the last section of Palm Springs that still allows short-term rental permits, in an up-and-coming neighborhood adjacent to the desirable Miralon community, it offers privacy, modern updates, and exceptional income potential. Both the front and back yards feature unobstructed San Jacinto Mountain views, while the backyard includes a sparkling pool and jacuzzi ideally positioned for breathtaking desert sunsets. The open-concept living area flows seamlessly into a modern kitchen with updated appliances, sleek countertops, and stylish finishes, complemented by a convenient nearby laundry room. Recent upgrades include a new air conditioner, heater, and energy-efficient windows, ensuring year-round comfort. The property is fully fenced with a gated front yard, providing a secure and tranquil setting for families, pets, or guests. With no short-term rental restrictions and several successful rental homes nearby, this turnkey residence is equally ideal as a move-in ready family home or an income-generating investment. Just minutes from downtown Palm Springs dining, shopping, and entertainment, it combines timeless desert charm, modern finishes, and exceptional mountain views for a rare mix of style, comfort, and flexibility in one of the city’s most desirable emerging neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
North Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 1.9 mi
Cahuilla Elementary School
Grades K-5 • 3.9 mi
Raymond Cree Middle School
Grades 6-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 70% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,313 | 1,964 | 10% |
| Lot Size | 8,276 | 9,583 | 46% |
| Price | $525.0K | $895.0K | 6% |
| Price per sq ft | $400 | $477 | 29% |
| Built year | 1996 | 1989 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 120 | 179 | 21% |
Pricing History
Listed for Sale
Jan 11, 2026
$525,000
$549,000
-4% Price Drop
Initial Listing
Price Change
Dec 16, 2025
$549,000
$599,000
-8% Price Drop
Initial Listing
Price Change
Dec 11, 2025
$599,000
$649,000
-8% Price Drop
Initial Listing
Price Change
Nov 29, 2025
$649,000
$699,000
-7% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$699,000
Initial Listing
Sold
Sep 25, 2024
$750,000
Public Record
Sold
Mar 20, 2024
$350,000
Public Record
Sold
Mar 22, 2022
$475,000
Public Record
Sold
Jul 12, 2013
$120,000
Public Record


















