Palm Springs Single Family Fixer - Ready to Assign

[Ryan McKenzie]

Single family Palm Springs fixer located south of Mesquite Golf & Country Club between Sunrise Way and El Cielo Rd. under contract and ready to assign.

Property built in 1964 on a 10,454 sq. ft lot (.24 acres) and offers 1,800 sq. ft with 3 beds, 2 baths, 2 car garage, and a large backyard with a pool. Property will be delivered vacant. Rehab is moderate.

ARV: $560-600K
Ask: $430K (includes assignment fee; seller to pay their own closing costs)
Bed: 3
Bath:2
Sq ft: 1,782
Condition: Good to Fair (heavy cosmetic repairs, some mechanical likely). Rehab estimated at $30/sq. ft. Please conduct your own diligence.

Pros: Nice big yard and room to add square footage to jump up in the comps, tons of potential to bring current and fetch big ARV.

Cons: Located on a two-laned street; noise and traffic are non-issues, but could hurt curb appeal if perceived as "busy".