4 Karlisa, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
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Palm Springs, California 92264
This 1957 Mid-Century Residential Asset is listed at $538,000, representing a strategic entry point near its $515,314 Fair Market Value. Currently holding a Condition Rating of 5, the property requires substantial rehabilitation but offers significant potential for forced appreciation through modernization. The home features iconic architecture, Mountain Views, and a Tranquil Cul-de-Sac location near Demuth Park and Palm Springs High School. Given the high demand for renovated desert moderns, this is a high-upside acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4 Karlisa Subject | $538,000* List Price | 3 | 2 | 1,794 | $308 | - |
A 4325 E Calle De Carlos Sold | $450,000 | 3 | 2 | 1,198 | $376 | 0.3 mi |
B 3933 E Calle San Antonio Active Under Contract | $519,000 List Price | 4 | 2 | 1,433 | $362 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1957 mid-century home is in largely original or severely dated condition and requires substantial rehabilitation. The kitchen features old wood-grain laminate cabinets and mismatched appliances, while the living areas show aged tile flooring and acoustic ceiling tiles. The use of window AC units suggests the lack of a modern central HVAC system, and the listing explicitly states the property 'needs TLC,' indicating significant deferred maintenance and the need for a full interior overhaul.
Built in 1957, this home embodies the iconic mid-century modern aesthetic that remains highly desirable and collectible in the Palm Springs real estate market.
The property features sought-after mountain views, providing a stunning natural backdrop that enhances the desert living experience and property value.
Situated on a tranquil cul-de-sac, the home offers a private and safe environment with minimal through-traffic, ideal for families or seasonal residents.
The property is explicitly noted as needing 'TLC,' suggesting deferred maintenance and the need for immediate capital expenditure to modernize the interior and exterior.
Its close proximity to Palm Springs International Airport may result in frequent aircraft noise, which can be a deterrent for buyers seeking total silence.
As a 1950s-era build, the home likely requires updates to major systems such as electrical, plumbing, and HVAC to meet modern building codes and energy efficiency standards.
Mid-century home in the heart of beautiful Palm Springs, featuring 3 bedrooms and 2 bathrooms, is situated on a tranquil cul-de-sac, near Demuth Park, Cielo Vista Charter school, Palm Springs International Airport and shopping areas. Home needs tlc, don't miss out call me today to schedule your private tour.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 2.2 mi
Grades 6-8 • 3.1 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 | 25% |
| Square foot | 1,794 | 2,266 | 28% |
| Lot Size | 6,534 | 10,019 | 25% |
| Price | $538.0K | $1.34M | 6% |
| Price per sq ft | $300 | $608 | 1% |
| Built year | 1957 | 1976 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 69 | 159 | 12% |
Feb 13, 2026
$538,000
Initial Listing