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$1,795,000

Beds
4
Baths
4.0
sq ft
3,292

153 W Santa Catalina Rd, Palm Springs, CA 92262

153 W Santa Catalina Rd

Palm Springs, CA 92262

  • 74 days on market
Hollywood golden era Palm Springs mini-estate with 4 bedrooms/4 baths built in 1936 on over 1/2 acre of fee simple land (land you own) with a botanical garden-like array of mature landscaping including numerous fruit trees, including fit, mango, and citrus. Property sold fully furnished (turnkey). The main house has 3 bedrooms/3 baths with vaulted ceiling in great room and floor-to-ceiling native stone fireplace making this home feel like a beautiful desert ranch from Palm Springs' star-studded era. Attached casita with separate parking, its own kitchen, private entrance with views of pool and mountains. Private saltwater pool, outdoor dining area and mature landscaping make for fabulous outdoor entertaining. The estate features an owned solar system, consisting of 24 solar panels substantially reducing energy consumption. The unique property presents a wonderful opportunity for a fabulous short-term vacation rental opportunity, making for a savvy investment, or a discreet family compound.

Details

Property type

Single Family Residence

Est. home value

$1,616,618

Property condition

Updated/Remodeled

Lot size

0.61 acres

Price per sq ft

$546

Year built

1936

Price History

04/18/2024
DesertArea

DesertArea #219109181

Removed
$1,795,000
04/18/2024
DesertArea

DesertArea #219110282

Listed
$1,795,000
03/29/2024
DesertArea

DesertArea #219109181

Listed
$1,795,000
+39.15%

Schools & Community

Neighborhood: 

Racquet Club West

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palm Springs Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$780,200
Asking price
$1,795,000
Closing costs (~8% of asking)
-$143,600
Est. remaining loan balance
-$871,200
Cash to seller
$780,200

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

March 2021

Original loan amount

$940,000

Est. remaining balance

$871,200

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Mila Boyd and Christopher Boyd

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 9:00 AM

Listing updated: 06/30/2024 at 11:54 PM

Listed by: Robert M Menchini, Equity Union Phone #: (760) 621-0395

MLS: DesertArea #219110282

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