414 W Avenida Cerca, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Turnkey Investment Property is a High-Potential Investment Opportunity, listed at $679,000—positioned slightly above the $670,905 Fair Market Value. Featuring a Condition Rating of 2, this home offers a fully remodeled interior, a private pool and spa, and a putting green with stunning mountain views. With fee simple land ownership and no HOA fees, it provides a stable, high-demand asset for Buy-and-Hold Investors or Owner-Occupants seeking a vibrant, move-in ready Palm Springs retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 414 W Avenida Cerca Subject | $679,000* List Price | 3 | 2 | 1,570 | $427 | - |
A 504 W Sunview Avenue Sold | $699,000 | 3 | 2 | 1,620 | $431 | 0.2 mi |
B 1114 Palmas Sold | $610,000 | 3 | 2 | 1,630 | $374 | 0.8 mi |
C 766 Flamingo Way Sold | $757,428 | 3 | 2 | 1,846 | $410 | 0.8 mi |
D 461 W Palm Vista Sold | $540,000 | 4 | 2 | 1,284 | $421 | 0.1 mi |
E 481 W Sunview Sold | $657,000 | 4 | 2 | 1,318 | $498 | 0.1 mi |
F 3864 Mission Peak Sold | $499,000 | 3 | 2 | 1,411 | $354 | 0.2 mi |
G 1132 Vista Sol Sold | $673,000 | 3 | 3 | 1,907 | $353 | 0.8 mi |
H 394 W Bon Air Drive Active | $525,000 List Price | 4 | 2 | 1,622 | $324 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1961, the property has undergone a complete high-end remodel within the last 5 years. The kitchen features modern cabinetry, stone countertops, and stainless steel appliances. The interior shows updated flooring, recessed lighting, and modern fixtures throughout, indicating updated electrical and HVAC systems. The exterior and pool area are in mint, turnkey condition with no visible maintenance needs.
The property is sold fully furnished and remodeled with short-term rental permits currently available in the neighborhood, offering an immediate 'plug-and-play' opportunity for investors.
A significant advantage in Palm Springs, this property features fee simple ownership (you own the land) and no HOA fees, providing lower monthly carrying costs and greater owner autonomy.
The private backyard is a complete resort-style oasis featuring a pool, hot tub, putting green, and fire pit, all set against a backdrop of stunning mountain views.
Located in the North End of Palm Springs, the property is in a corridor known for higher wind speeds, which can impact outdoor comfort compared to more sheltered southern neighborhoods.
The assigned public schools carry average ratings (mostly 4 out of 10), which may be a consideration for long-term residents with school-aged children.
A vibrant, turnkey retreat currently operating as a short-term rental that is also perfect for full time residents. This completely remodeled house with amazing mountain views from inside and out is being sold turnkey with all the furniture included. Best of all, you own the land - no land lease and no HOA. This colorful 3 bedroom home blends playful design with resort style outdoor living. Inside, bold wallpaper accents set the tone for a fun, lively interior. The fully equipped kitchen flows into an inviting dining area, ideal for entertaining. Bedroom configurations include a king, a queen, and a full-over-full bunk room, plus a dedicated desk nook perfect for remote work. Step outside to a private oasis: a sparkling pool and hot tub, a cozy fire pit beneath an orange curtained pergola, and a lush yard complete with its own putting green. This is classic Palm Springs indoor - outdoor living. A whimsical custom mural adds a signature photo-worthy backdrop for those IG Palm Springs vacation pics. Located approximately 3.5 miles from Downtown Palm Springs and even closer to the Uptown Design District and the Palm Springs Aerial Tramway. Joshua Tree National Park, the Living Desert Zoo and Gardens, the Empire Polo Club and Indian Wells Tennis Garden are all within reach. A rare opportunity to acquire a fully operational, beautifully styled investment property in one of the desert's most desirable short term rental markets. At the time of this listing, short term rental permits are available in this neighborhood making homes like this highly desirable. Put this one on your list to see and make it your new Palm Springs home or investment property.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades K-5 • 3.9 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,570 | 2,076 |
| Lot Size | 6,970 | 10,454 |
| Price | $679.0K | $1.04M |
| Price per sq ft | $432 | $525 |
| Built year | 1961 | 1977 |
| HOA | $0 | $332 |
| Days on market | 29 | 75 |
Jun 23, 2026
$679,000
Initial Listing
Dec 7, 2021
$350,000
Public Record
Aug 7, 2020
$230,000
Public Record
Apr 25, 2017
$126,000
Public Record