386 W Rosa Parks Road, Palm Springs, CA 92262

About this single-family home

Investor's Dream! This neighborhood is the ideal location for investors, as this home can generate well over $100k per year in rental income, with one short-term rental in the community grossing $170k last year. Nowhere else can you get any return like that in Southern California on a property under $1,000,000. There has been significant investment in the neighborhood, including the Miralon community being built across Indian Canyon, meaning quick change is coming to the area. Whether you're looking for an investment property or a primary residence, this is a rare opportunity to own an affordable yet beautifully designed pool home in Palm Springs. 386 Rosa Parks is a fully remodeled mid-century modern designed home with SPECTACULAR VIEWS of San Jacinto Mountain and the PS Tramway! The moment you walk into this home, the modern-designed greets you in the beautiful living room that opens up to a fantastic kitchen with Italian imported cabinets, black stainless steel appliances, floating shelves, and a floor-to-ceiling pantry for plenty of storage. Steps away from the kitchen is a covered outdoor patio including a 16ft bar with a built-in grill & mini fridge, making this the perfect home for entertaining, with all new landscaping/hardscaping surrounding the beautifully designed pool with a raised spa and modern styled tanning shelf. In addition, a separate seating area with a gas line already in place makes it super easy to add a fire pit that also has... you guessed it, INCREDIBLE views of the San Jacinto Mountains. Inside, the Main Bedroom Suite has a retreat-like layout with a dual vanity and walk-in recessed shower. The large walk-in closet adds to all the space you could use in this home and is a rare find for this neighborhood. The main bedroom also has a seating area and direct access to the dream backyard.

Listing description from the September 2022 sale, as reported to CRMLS.

Sale history

$1,150,000

Sold September 2022 · listed $1,100,000, orig. $895,000, on market July 2022 · MLS #OC22150906 · Source: CRMLS

Listing Agent: Joshua Krapf · Listing Office: First Team Real Estate · Contact: 562-270-0688 · Bought with: Joshua Glaz · Your Realty Inc.

$380,000

Sold February 2022 · listed $399,000, on market December 2021 · MLS #DW21264653 · Source: CRMLS

Listing Agent: Victor Quijano · Listing Office: Century 21 Realty Masters · Contact: 323-722-7700 · Bought with: Joshua Krapf · First Team Real Estate

$290,000

Sold February 2021 · listed $297,000, orig. $299,000, on market December 2020 · MLS #20673470 · Source: CRMLS

Listing Agent: Gary Zeytuntsyan · Listing Office: New Vision R.E. & Investments · Contact: 323-599-0101 · Bought with: Victor Quijano · Century 21 Realty Masters

$240,000

Sold November 2020 · listed $275,000, orig. $375,000, on market August 2020 · MLS #200037375 · Source: CRMLS

Listing Agent: Naser Ghaderi · Listing Office: SoCal eRealty · Contact: 800-377-9931 · Bought with: Gary Zeytuntsyan · Gary Zeytuntsyan

$83,000

Sold May 2014 · listed $78,750, on market March 2014 · MLS #214011799DA · Source: CRMLS

Listing Agent: Maria Richards · Listing Office: Weichert Realtors-Preferred · Contact: (760) 469-4600 · Bought with: Out Side Agent · Out Side Broker Office

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