ActiveResidential · sale

370 E Simms Road

Palm Springs, CA 92262

$929,000

  • 3 beds
  • 2 baths
  • 1,456 sq ft
  • 0.22 acres
  • Built 1964

Listed by Compass · MLS #219150672PS

370 E Simms Road, Palm Springs, CA 92262 — photo 1 View full photo
1 / 63

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1964.

Garage parking

2 garage spaces listed.

Property size

0.22 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

For all serious MidCentury Modern enthusiasts Dont miss this rare opportunity to collect this 1964 Alexander Bros MidCentury jewel designed by Palmer Krisel and completely remodeled by the 2nd owners From front to back everything as been fully renovated while keeping the original vision in place and bringing it forward to perfect indooroutdoor desert living This home was the original model for this Alexander enclave of homes originally known as Riviera Gardens In tact with the original front in ground gas line for the 1960s Tiki torch The home still maintains its desert friendly front and rear landscape with an updated breezeway connecting the 2 car garage to the home Gated and secure With its distinctive roof line clean lines and lightbright interior this special home still has its original twin palms out front The expansive back yard has been updated with the addition of full width patio coverings very large pool and spa a putting green and its original olive tree lovingly cared for over the decades Just a few of the renovations made in 2019 include all new electrical gas new water heater and pool equipment HVAC opened all new kitchen full home Terrazzo tile flooring walls and recessed lighting In addition to all new LowE windows and sliding doors The complete feeling is one of sleek MidCentury living with all of todays sought after materials and conveniences Off of the guest bathroom is a laundry room with stacked washer dryer and a convenient door to the exterior patio poolspa dining and grill Plus the new putting green Enjoy the outstanding west mountain views from every angle of the rear yard and watch the amazing sunsets while then watching the tram cars glide silently up and down Mount San Jacinto This desirable and much sought after MidCentury Alexander Co home is offered Turnkey Furnished for immediate movein and perfect Palm Springs living Only a few blocks from the historic Riviera Hotel and all of the new offerings of uptown Palm Springs Bring your toothbrush desert casual wardrobe and start enjoying every aspect of desert living Dont forget your swimsuit Set up a convenient tour of your own right away
Explore the locationMore properties in Palm Springs

THE NEIGHBORHOOD

Explore the location.

370 E Simms Road, Palm Springs, CA 92262

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1964
Full baths
2
Half baths
0
Garage spaces
2
Cooling
CentralAir
Heating
Central,ForcedAir,NaturalGas
Appliances
Dishwasher,ElectricCooktop,ElectricOven,Disposal,GasWaterHeater,Microwave
Utilities
CableAvailable,OverheadUtilities
Fencing
Block
Pool
Yes
Pool features
Gunite,ElectricHeat,InGround,Private
Spa
No
Subdivision
Racquet Club East
Zoning
R-1
Parcel
501032013

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,870.83
Cap rate—

Annual operating income: —

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services
Contact ERA about this property

Ask about this property.

370 E Simms Road, Palm Springs, CA 92262 · MLS #219150672PS

Your preferred tour

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

More in Palm Springs.

1010 W Friar Court$2,588,0001010 W Friar CourtPalm Springs, CA4760 N Winners Circle F$695,0004760 N Winners Circle FPalm Springs, CA2295 E Park Drive$1,395,0002295 E Park DrivePalm Springs, CA

Listing information

MLS #219150672PS · California Regional MLS

Listing brokerage: Compass
Listing agent: Brad White

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.