633 N Plaza Amigo, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath

633 N Plaza Amigo, Palm Springs, California 92262 home-pic-0
ACTIVE$799,000
633 N Plaza Amigo, Palm Springs, California 92262
3Beds
2Baths
1,305Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($805,184.455) is $6,184.455 (0%) lower than the list price ($799,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: Situated in the highly desirable and iconic Movie Colony neighborhood, offering excellent proximity to downtown Palm Springs amenities.
Top Cons:
Extensive Renovation Required: The property is an unfinished shell, necessitating a complete build-out from the studs, which is a major undertaking.

Compared to the nearby listings

Price:$799.0K vs avg $925.0K ($-126,000)37%
Size:1,305 sqft vs avg 2,096 sqft9%
Price/sqft:$612 vs avg $49172%

More Insights

Built in 1958 (67 years old).
Condition: The property is explicitly listed as being in 'shell - down to the studs' condition. This means it is unlivable and requires a complete build-out, including all major systems, finishes, kitchen, and bathrooms. This necessitates substantial repairs and rehabilitation to make it habitable, aligning with the 'poor' condition criteria. The provided images are architectural renderings of a proposed future state, not the current condition of the property.
Year Built
1958
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$612
HOA
-
Days on market
-
Sold On
-
MLS number
219138122DA
Home ConditionPoor
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Home is currently being offered unfinished 'as is' (currently in shell - down to the studs) condition. This nearly downtown Palm Springs property is primed for transformation into a stunning desert retreat, situated on a spacious lot tucked away in the serene and iconic Movie Colony neighborhood.Preliminary architectural plans are available for purchase featuring a thoughtfully designed 3 bedroom, 3.5 bathroom layout that embraces indoor-outdoor living and modern Palm Springs style. The open-concept floor plan highlights seamless flow between the living areas, kitchen, and backyard--perfect for entertaining or relaxing poolside.Call us today for more info!

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.5mi
4/10
Raymond Cree Middle School
Public,6-80.9mi
6/10
Palm Springs High School
Public,9-121.2mi
4/10
Desert Learning Academy
Public,K-121.3mi

Price History

Date
Event
Price
08/15/24
Sold
$550,000
Condition Rating
Poor

The property is explicitly listed as being in 'shell - down to the studs' condition. This means it is unlivable and requires a complete build-out, including all major systems, finishes, kitchen, and bathrooms. This necessitates substantial repairs and rehabilitation to make it habitable, aligning with the 'poor' condition criteria. The provided images are architectural renderings of a proposed future state, not the current condition of the property.
Pros & Cons

Pros

Prime Location: Situated in the highly desirable and iconic Movie Colony neighborhood, offering excellent proximity to downtown Palm Springs amenities.
Customization Opportunity: The 'down to the studs' condition provides a unique blank canvas for a buyer to fully personalize and design their ideal desert home.
Pre-Designed Vision Available: Preliminary architectural plans for a modern 3 bed, 3.5 bath layout are available, offering a clear and attractive design concept.
Spacious Lot: A generous 6098 sqft lot provides ample space for creating a private outdoor living area, including potential for a pool and landscaping.
Desirable Mountain Views: The property boasts appealing mountain views, enhancing its aesthetic value and overall living experience.

Cons

Extensive Renovation Required: The property is an unfinished shell, necessitating a complete build-out from the studs, which is a major undertaking.
Significant Financial Investment: Beyond the purchase price, buyers must account for substantial construction costs to complete the home, making it a high-total-cost project.
Project Management & Time Commitment: A full renovation demands considerable time, effort, and expertise in managing contractors and the construction process.

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