Back 1120 E Louise Dr
Off Market

1120 E Louise Dr

Palm Springs CA 92262

3
2
2
1452 sq. ft.
11326 sq. ft.
Single-Family
Last sold for $1,125,000
George OuzounianGeorge Ouzounian, last sold this property on 17 August 2023 after 76 days on market.

Overview

This beautiful Palm Springs Oasis is not just a stunning retreat, it is also an operating short-term rental with 5-star reviews. Short term permits are still available, making it a great investment opportunity. The location is unbeatable, just 0.5 miles from the strip. Everything is included in this turn-key property, from the stylish furniture to the high-end appliances. The property also features a finished garage that doubles as a bonus room, and the backyard is totally private with mature landscaping and magnificent mountain views. Enjoy a large sparkling pool & spa with waterfall, fire-pit, and plenty of space to relax and unwind. Don't miss out on this rare opportunity to own a fully furnished, short-term rental in a prime location.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1452 sq. ft. floor area
11326 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Palm Springs over the last 12 months, the estimated median property value of 1120 E Louise Dr is $870.5k.

Median value
$870.5k
Estimated value range
$240k - $3.75m
Median days on market
61
Estimated value trend
-11%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Palm Springs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1120 E Louise Dr

2023
Sold
$1,125,000
17 Aug 2023 by George Ouzounian, of The Agency
2022
Sold
$1,175,000
14 Mar 2022 by Stewart Penn, of Compass
2020
Sold
$610,000
28 Jul 2020 by Mike Jeppson, of HomeSmart

Happy sellers in Palm Springs

<50%
Less than 50% of sellers in Palm Springs reported that their sale price either exceeded or met their price expectations.

Palm Springs stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Palm Springs over the last 12 months.

Local market activity for 3 bedroom single-family properties in Palm Springs

In the last 12 months, 277 three-bedroom single-family properties similar to 1120 E Louise Dr, have been sold.

This represents a 2% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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