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 home-pic-0

373 W Avenida Cerca

North Palm Springs, California 92262

ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,313Sq Ft
8,276Lot Size

Property Price

LIST PRICE$525,000
EST. MARKET VALUE
$503,365
4% AboveMARKET VALUE

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

$503,365
Based on Realkey algorithm analyzing recent comparable sales in North Palm Springs.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
373 W Avenida Cerca
Subject
$525,000*
List Price
421,313$383-
A
481 W Sunview
Sold
$657,000421,318$4980.2 mi
B
490 W Palm Vista Drive
Sold
$574,900421,318$4360.2 mi
C
458 W Bon Air Drive
Sold
$410,000421,318$3110.1 mi
D
386 W Sunview Avenue
Sold
$400,000421,352$2960.2 mi
E
481 W Sunview Avenue
Sold
$395,000421,318$3000.2 mi
F
461 W Palm Vista
Active
$579,900
List Price
421,284$4520.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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

7/10

Cahuilla Elementary School

Grades K-5 • 3.9 mi

4/10

Raymond Cree Middle School

Grades 6-8 • 1.5 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
70%
Baths2.03.0
45%
Square foot1,3131,964
10%
Lot Size8,2769,583
46%
Price$525.0K$895.0K
6%
Price per sq ft$400$477
29%
Built year19961989
55%
HOA$0$0
50%
Days on market120179
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

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