633 N Plaza Amigo, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
ACTIVE$725,000
633 N Plaza Amigo, Palm Springs, California 92262
3Beds
2Baths
1,305Sqft
6,098Lot
Price Vs. Estimate
The estimated value ($749,000) is $24,000 (3%) higher than the list price ($725,000). This property may be underpriced.
Key pros and cons
Top Pros:
Prime Location: Situated in the iconic Movie Colony neighborhood, nearly downtown Palm Springs, offering a highly desirable and central location.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Compared to the nearby listings
Price:$725.0K vs avg $925.0K ($-200,000)27%
Size:1,305 sqft vs avg 2,096 sqft9%
Price/sqft:$556 vs avg $49162%
More Insights
Built in 1958 (67 years old).
Condition: The property is explicitly listed as 'unfinished 'as is' (currently in shell - down to the studs) condition.' The images confirm a gutted interior with no functional kitchen, bathrooms, flooring, or operational systems. All major components require complete installation or replacement, making it unlivable and requiring substantial rehabilitation. While the structure is intended for renovation rather than demolition, its current state necessitates extensive and costly work to become habitable.
Year Built
1958
Close
-
List price
$725K
Original List price
$749K
Price/Sqft
$556
HOA
-
Days on market
-
Sold On
-
MLS number
219138610DA
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-5•0.5mi
4/10
Raymond Cree Middle School
Public,•6-8•0.9mi
6/10
Palm Springs High School
Public,•9-12•1.2mi
4/10
Desert Learning Academy
Public,•K-12•1.3mi
Price History
Date
Event
Price
08/15/24
Sold
$550,000
Condition Rating
Poor
The property is explicitly listed as 'unfinished 'as is' (currently in shell - down to the studs) condition.' The images confirm a gutted interior with no functional kitchen, bathrooms, flooring, or operational systems. All major components require complete installation or replacement, making it unlivable and requiring substantial rehabilitation. While the structure is intended for renovation rather than demolition, its current state necessitates extensive and costly work to become habitable.
Pros & Cons
Pros
Prime Location: Situated in the iconic Movie Colony neighborhood, nearly downtown Palm Springs, offering a highly desirable and central location.
Customization Opportunity: Offered as a shell ('down to the studs'), providing a blank canvas for complete customization and transformation into a modern desert retreat.
Architectural Plans Available: Preliminary architectural plans for a thoughtfully designed 3 bedroom, 3.5 bathroom layout embracing indoor-outdoor living are available, streamlining the renovation process.
Spacious Lot: A generous 6098 sqft lot offers ample space for outdoor amenities, such as a pool and entertaining areas, typical of desirable Palm Springs homes.
Desirable Views: The property boasts attractive mountain views, a key selling point and aesthetic enhancement in the Palm Springs market.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Extensive Renovation Required: The property is offered 'as is' in a shell condition (down to the studs), necessitating a complete and costly renovation to make it habitable.
Significant Financial Investment: Beyond the purchase price, buyers must budget for substantial construction costs, finishes, and all new systems, making it a project for experienced developers or cash buyers.
Listed Above Estimated Value: The current list price is approximately 11% higher than the property's estimated value, which may deter some buyers or indicate an aggressive pricing strategy for an unfinished home.