tomo logo

$799,950

Beds
4
Baths
2.0
sq ft
1,555

378 W Sunview Ave, Palm Springs, CA 92262

378 W Sunview Ave

Palm Springs, CA 92262

  • 51 days on market
Discover the epitome of Palm Springs living in this meticulously upgraded midcentury modern home, nestled within the Desert Highland community. Recently remodeled and impeccably maintained, this residence offers both luxurious comfort and exceptional income potential. Upon entering through the large, high-quality motorized wooden gate, you are welcomed by the serene ambiance of palm trees lining the driveway. The exterior boasts a mature ficus hedge that wraps the property, ensuring privacy and seclusion. Inside, the home exudes modern elegance with quartz countertops, stainless steel appliances, and a seamless flow from the gourmet kitchen to the open living and dining areas. Large windows frame breathtaking views of the surrounding San Jacinto mountains, creating a stunning backdrop for everyday living and entertaining. This property presents a unique opportunity for income generation, approved for Airbnb rentals and positioned comfortably within the city’s rental cap in the Desert Highland/Gateway community. In 2023, it generated impressive gross rental receipts totaling over $122,000, underscoring its attractiveness as a vacation rental investment. Valued at $800,000 during a recent refinance appraisal in January, this home represents not only a wise financial investment but also a haven for those seeking the quintessential Palm Springs lifestyle. With its prime location, modern amenities, and potential for lucrative rental income, this residence is poised to fulfill both personal enjoyment and financial goals. Don’t miss your chance to own a piece of Palm Springs paradise – schedule a showing today and envision the limitless possibilities offered by this exceptional midcentury modern gem.

Details

Property type

Single Family Residence

Est. home value

$658,094

Lot size

6,970 sq ft

Price per sq ft

$515

Year built

1966

Price History

07/19/2024
CRMLS

CRMLS #OC24148503

Listed
$799,950
+52.66%
03/30/2021
CLAW

CLAW #21679424

Sold
$524,000
+116.53%
08/31/2020
DesertArea

DesertArea #19495210

Sold
$242,000

Schools & Community

Neighborhood: 

Desert Highland/Gateway

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Palm Springs Unified

Seller’s Loan History

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

Lender

Crosscountry Mortgage Llc

Loan start date

February 2024

Original loan amount

$396,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

New Conventional, 30 year

Seller

Denise Deppe Akiba

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?

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Status: Active

Tomo last checked: 09/07/2024 at 5:00 PM

Listing updated: 08/17/2024 at 12:55 PM

Listed by: Ryan Akiba, Ryan Akiba, Broker Phone #: (949) 412-9015

MLS: CRMLS #OC24148503

CRMLS logo

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