2 months on rocket

470 E Avenida Olancha Unit 1, Palm Springs, CA, 92264

$199,000

Home List Price

$2,363*

Closing Credit

3 Bedrooms
5 Full Baths
1,550 SqFt
$128/SqFt
House
Schools Nearby

Location

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470 E Avenida Olancha Unit 1, Palm Springs$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1949
HeatingCentral
ViewMountain(s), Panoramic, Pool
Private PoolYes
MLS #219107206DA
Lot Size0.20 Acres
StatusActive

About 470 E Avenida Olancha Unit 1

New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Bacana is a 5-bedroom, 5-bathroom compound perfectly situated at the end of a little cul-de-sac in sunny South Palm Springs. Overlooking the beautiful San Jacinto mountain range, this flexible vacation home is designed to be simple, fresh, and efficient. The compound has been completely reimagined to accommodate families, friends and large groups with fully furnished designer rooms, efficient kitchens, top-of-the-line appliances and original artwork. The five micro living spaces have three full kitchens, two mini bars and five spa-like bathrooms. The compound has been designed to provide each suite with a view of the new salt-water pool, spa, mountains and garden. Bacana has been thoughtfully and thoroughly designed to ensure a comfortable and efficient living experience. The spacious cabana includes a 10-person dining and seating area with a professional culinary demonstration kitchen, all with commanding views of the mountains and pool. Also included in the outdoor kitchen is a BBQ, two-burner cooktop, dishwasher and full sink. Completing the cabana is a large outdoor fireplace, two industrial fans, LED lighting and a recessed flat-screen television. The home comes fully furnished and professionally decorated.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Stories: 1
  • Living Area: 1,550 SqFt

Listing Office:

  • Office Name: Pacaso Inc.
  • Office Phone: (760) 558-4796
  • Listing Agent: Joseph Maehler

Interior Features

Interior Information:

  • Flooring Type: Concrete

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s), Panoramic, Pool

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Sprinklers
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central

School Info

Assigned Schools Information:

  • Palm Springs High School, Public District Grades 9-12
  • Raymond Cree Middle School, Public District Grades 6-8
  • Cahuilla Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Follow on google maps Cross Street: Via Salida / E Avenida.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $128/SqFt
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

Med. Sold Price

$635.1K

Med. Price/SqFt

$420

Avg. Days On Market

56

# of Sold Homes

138

470 E Avenida Olancha Unit 1 vs Palm Springs

69 DAYS ON ROCKET

+13 Days

$199,000

-$436.1K Less

$128/SqFt

-$293 Less

KEY TAKEAWAY

This property is $436.1K less than the Median Sold Price and $293/SqFt less than other homes in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219107206DA

Listing Office:

  • Office Name: Pacaso Inc.
  • Office Phone: (760) 558-4796
  • Listing Agent: Joseph Maehler

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 7:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,061

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3288250
4
/10
  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 0.40 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3288251
4
/10
  • Raymond Cree Middle School

  • 1011 E Vista Chino

  • 2.86 miles

  • Public District Grades 6-8

High School

school-card-donut-3288252
6
/10
  • Palm Springs High School

  • 2401 E Baristo Rd

  • 1.67 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,161. The most common annual income of people living in Palm Springs, CA is between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 470 E Avenida Olancha Unit 1

What is the listing price of this property?

The listing price of 470 E Avenida Olancha Unit 1 property is $199,000.

What type of property is this?

The property 470 E Avenida Olancha Unit 1 is a house located in Palm Springs, California, 92264.

Is this property for sale now?

Active Listing: 470 E Avenida Olancha Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 470 E Avenida Olancha Unit 1 are:
Cahuilla Elementary School: GreatSchools Rating 4/10
Raymond Cree Middle School: GreatSchools Rating 4/10
Palm Springs High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 470 E Avenida Olancha Unit 1 has 3 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 470 E Avenida Olancha Unit 1 is 1,550 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 470 E Avenida Olancha Unit 1 is 1949.

Rocket HomesCaliforniaRiverside CountyPalm Springs92264470 E Avenida Olancha Unit 1

This home is located at 470 E Avenida Olancha Unit 1 in Palm Springs, CA and zip code 92264 in the Taquitz River Estates neighborhood. This 1,550 square foot home, which was built in 1949, sits on a 0.20 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $199,000.

Over 13 listings were sold over their listed price in March 2024 in Palm Springs, CA. In the same period over 93 listings were sold below the listed price and 32 listings were sold for the listed price. In March 2024 in Palm Springs, CA there were 7.7% more homes for sale than in February 2024. While the average time on the market in March 2024 was 56 days, the median list price was $635,164.

From Rocket Homes Real Estate and based on county public records data.

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