835 W Rosa Parks Road, Palm Springs, California 92262, Palm Springs, 92262 - 3 bed, 2 bath
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Palm Springs, California 92262
This Modernized Mid-Century Income Property is listed at $875,000, priced accurately relative to its $866,157 Fair Market Value. Boasting a Pristine Condition Rating, the home features a contemporary chef's kitchen, polished concrete floors, and owned solar with EV charging. It is a proven short-term rental powerhouse, generating nearly $100,000 in gross annual revenue with an impressive 9% CAP rate. The quarter-acre lot offers a pool, spa, and panoramic mountain views, located near Katherine Finchy Elementary and Palm Springs High. This turnkey asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 835 W Rosa Parks Road Subject | $875,000* List Price | 3 | 2 | 1,248 | $700 | - |
A 14 Ashby Circle Sold | $660,000 | 3 | 2 | 1,248 | $529 | 0.1 mi |
B 845 W Gateway Drive Sold | $694,900 | 4 | 2 | 1,248 | $557 | 0.1 mi |
C 323 W Palm Vista Drive Active | $688,000 List Price | 3 | 2 | 1,309 | $526 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1960, the property has undergone an extensive and high-quality renovation within the last 5 years. It features a contemporary chef's kitchen with waterfall quartz islands and slab cabinetry, polished concrete floors throughout, modern light fixtures, and updated systems including owned solar panels and EV charging. The interior and exterior living spaces are in pristine, move-in-ready condition with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1248.
The property is a proven short-term rental powerhouse, generating nearly $100,000 in gross annual revenue with an impressive CAP rate exceeding 9%.
Extensively updated with polished concrete floors, a contemporary chef's kitchen, and clean architectural lines that capture the quintessential Palm Springs vibe.
At just under 1,300 square feet for a three-bedroom home, the interior living spaces and secondary bedrooms may feel small for some buyers.
Located in the North End of Palm Springs, the property is situated in a corridor known for significantly higher wind speeds than the southern parts of the city.
The assigned public schools have relatively low ratings (mostly 4/10), which could be a drawback for families looking for a primary residence.
835 Rosa Parks Drive delivers a modern Palm Springs experience with unobstructed mountain views, clean architectural lines, and a quarter-acre lot designed for indoor-outdoor living. This updated 3-bedroom, 2-bath home offers nearly 1,300 square feet of comfortable, efficient space and stands out as a highly successful short-term rental, producing close to $100,000 in gross revenue over the last 12 months with a CAP rate above 9 percent. Whether for full-time living, a seasonal getaway, or an income-producing investment, the property offers flexibility, style, and strong long-term value.Step inside to an open living area that feels bright and relaxed, centered around a modern kitchen with slab-style cabinetry, stainless appliances, statement lighting, and a large island that anchors the space. Polished concrete floors, neutral finishes, and natural light create a clean backdrop that works with a variety of design styles. The living and dining spaces flow easily for hosting, movie nights, or quiet weekends at home.The bedroom layout is thoughtfully designed, with a serene primary suite that opens directly to the backyard through sliding doors. Views of the San Jacinto mountains and the outdoor living spaces provide a resort-like atmosphere from the moment you wake. Two additional bedrooms offer flexibility for guests, remote work, or creative use.The backyard is the heart of the property. A large pool and spa sit against the backdrop of Palm Springs' iconic mountain range, creating a striking setting day and night. Expansive turf areas offer space for lounging, games, and gatherings, while a shaded pergola is ideal for outdoor dining. A firepit and outdoor shower enhance the experience and make the home functional for year-round desert living. The layout supports both privacy and play, making it equally appealing for personal use or vacation rental guests.Owned solar panels and EV charging add value and efficiency, contributing to low operating costs and sustainable living. The home is set in a quiet residential neighborhood just minutes from downtown Palm Springs, offering quick access to dining, shopping, hiking, golf, and the airport.With modern style, strong income potential, and panoramic mountain views, 835 Rosa Parks Drive delivers an exceptional Palm Springs lifestyle in one of the desert's most sought-after destinations.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 3.9 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,248 | 1,909.5 | 9% |
| Lot Size | 10,019 | 9,583 | 54% |
| Price | $875.0K | $875.0K | 50% |
| Price per sq ft | $701 | $483 | 82% |
| Built year | 1960 | 1986 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 108 | 185 | 23% |
Jan 5, 2026
$875,000
Initial Listing
Jul 29, 2022
$800,000
Public Record
Sep 21, 2021
$355,000
Public Record
Jun 14, 2018
$153,000
Public Record
Mar 5, 1997
$45,000
Public Record
Mar 4, 1997
$18,500
Public Record