633 N Plaza Amigo, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
ACTIVE$695,000$1,305/sqft
633 N Plaza Amigo, Palm Springs, California 92262
2Beds
2Baths
1,305Sqft
6,098Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Premier Location: Situated in the iconic Movie Colony neighborhood, nearly downtown Palm Springs, offering high desirability and convenient access to city amenities.
Top Cons:
Extensive Renovation Required: The property is in an 'as-is' shell condition, necessitating a full-scale, costly, and time-consuming renovation project from the ground up.
Compared to the nearby listings
Price:$695.0K vs avg $900.0K ($-205,000)23%
Size:1,305 sqft vs avg 2,014 sqft10%
Price/sqft:$533 vs avg $48058%
More Insights
Built in 1958 (68 years old).
Condition: The property is explicitly described as being in an 'unfinished 'as is' (currently in shell - down to the studs)' condition. Built in 1958, it is unlivable and requires a complete rebuild of all interior components and systems. The images confirm this state, showing exposed framing and no functional living spaces. The value is primarily in the land and its potential for redevelopment, as highlighted by the provided architectural renderings for a new design.
Year Built
1958
Close
-
List price
$695K
Original List price
$699K
Price/Sqft
$533
HOA
-
Days on market
-
Sold On
-
MLS number
219140724DA
Home ConditionTear down
Features
Good View: Mountain(s)
Pool
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!
F
Ferretti Real Estate Group
Listing Agent
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
Tear down
The property is explicitly described as being in an 'unfinished 'as is' (currently in shell - down to the studs)' condition. Built in 1958, it is unlivable and requires a complete rebuild of all interior components and systems. The images confirm this state, showing exposed framing and no functional living spaces. The value is primarily in the land and its potential for redevelopment, as highlighted by the provided architectural renderings for a new design.
Pros & Cons
Pros
Premier Location: Situated in the iconic Movie Colony neighborhood, nearly downtown Palm Springs, offering high desirability and convenient access to city amenities.
Significant Renovation Potential: Offered as a 'shell' (down to the studs), this property provides a rare blank canvas for complete customization and transformation into a modern desert retreat.
Spacious Lot: A generous 6098 sqft lot allows for expansive outdoor living, landscaping, and the addition of a pool, ideal for the Palm Springs lifestyle.
Pre-Designed Architectural Vision: Preliminary architectural plans for a thoughtfully designed 3 bedroom, 3.5 bathroom layout with indoor-outdoor flow are available, providing a clear vision and saving design time for the buyer.
Desirable Mountain Views: The property boasts attractive mountain views, enhancing its aesthetic appeal and overall value.
Cons
Extensive Renovation Required: The property is in an 'as-is' shell condition, necessitating a full-scale, costly, and time-consuming renovation project from the ground up.
Significant Additional Investment: Beyond the purchase price, buyers must budget for substantial construction costs, permits, and finishes to complete the home, which will be a considerable financial undertaking.
No Immediate Occupancy/Income: The current uninhabitable state means the property cannot be used for personal occupancy or generate rental income until the extensive renovation is fully completed.