555 E Simms Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 3 bath
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Palm Springs, California 92262
This Mid-Century California Ranch Asset is listed at $440,000, aligning with its $431,782 Fair Market Value given its original 1963 condition. Carrying a Condition Rating of 5, this "as-is" property offers a high-upside Value-Add opportunity for those looking to capture equity through a complete modernization. The 10,890 Sq. Ft. Lot features a Kidney-Shaped Pool and Mountain Views on rare Fee Simple Land. Located within walking distance of Vista Del Monte Elementary, this is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-ROI project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 E Simms Road Subject | $440,000* List Price | 3 | 3 | 1,456 | $273 | - |
A 1305 E Rosarito Way Sold | $520,000 | 3 | 2 | 1,407 | $370 | 0.9 mi |
B 474 W Santa Catalina Road Sold | $505,000 | 3 | 2 | 1,501 | $336 | 0.6 mi |
C 1163 E El Cid Sold | $540,000 | 3 | 2 | 1,656 | $326 | 0.9 mi |
D 647 Poppy Street Sold | $540,000 | 3 | 2 | 1,588 | $340 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963 and described as being in 'original condition,' this property is a 61-year-old 'fixer' that has not been updated. It requires a complete rehab of the kitchen, bathrooms, and major systems (HVAC/Electric) to address its aged state and 'As Is' status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1456.
The property is situated on fee simple land with no lease, a major benefit in Palm Springs that ensures easier financing and greater long-term value retention.
This 1963 California Ranch offers classic mid-century architectural appeal and a desirable floor plan, providing a high-upside opportunity for investors or renovators.
The home is in original 1963 condition and requires significant modernization and repairs, necessitating a substantial additional budget for renovations.
Sold in 'as-is' condition, the property offers no seller concessions for repairs, placing the full responsibility for all necessary upgrades and defects on the buyer.
1963 Mid Century California Ranch, 3 Bedroom, 1 3/4 Bath. Good size view lot with oversized 2 car garage. Kidney shaped pool with great exposure in private backyard. This house is a "fixer" with a good floor plan, in original condition. The junior bedrooms access a private patio with French doors. This is being sold "As Is". Fee simple land, no lease
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,456 | 1,920 | 24% |
| Lot Size | 10,890 | 9,583 | 67% |
| Price | $440.0K | $875.0K | 6% |
| Price per sq ft | $302 | $485 | 14% |
| Built year | 1963 | 1986 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 173 | 2% |
May 5, 2026
$440,000
Initial Listing
Apr 29, 2003
$224,000
Public Record
Jun 3, 1999
$122,000
Public Record
Sep 15, 1994
$7,000
Public Record