1050 E Ramon Road 120, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Value-Add Desert Condominium is listed at $270,000, representing a stable entry point aligned with its $266,844 Fair Market Value. Carrying a Condition Rating of 4, the property features original 1979 finishes and dated vanities, providing a clear opportunity for forced appreciation through interior modernization. The layout includes Mountain Views, a private patio, and access to a gated community pool and spa. Located within the Palm Springs Unified District near Cahuilla Elementary, this is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity in a prime central location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1050 E Ramon Road 120 Subject | $267,500* List Price | 2 | 2 | 1,152 | $230 | - |
A 1050 E Ramon 96 Sold | $275,000 | 2 | 2 | 1,152 | $239 | 0.0 mi |
B 2001 E Camino Parocela L84 Sold | $345,000 | 2 | 2 | 1,175 | $294 | 0.6 mi |
C 1470 S Camino Real Sold | $320,000 | 2 | 2 | 1,163 | $275 | 0.9 mi |
D 1732 Capri Circle Sold | $335,000 | 2 | 2 | 1,200 | $279 | 1.0 mi |
E 1490 S Camino Real 308 Sold | $249,000 | 2 | 2 | 906 | $275 | 0.9 mi |
F 1550 S Camino Real 317 Sold | $319,000 | 2 | 2 | 1,102 | $289 | 1.0 mi |
G 1050 E Ramon Road 15 Active | $309,000 List Price | 2 | 2 | 1,152 | $268 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is over 40 years old and shows significant dating. While functional and move-in ready, the bathrooms feature older vanities and dated fluorescent light boxes, and the flooring is a mix of older tile and laminate. It lacks modern renovations to the kitchen and baths required for a higher rating.
Situated in the heart of Palm Springs, this property offers exceptional proximity to downtown dining, shopping, and entertainment, making it an ideal choice for a vacation home or high-demand rental.
The unit boasts desirable mountain views and is located within a secure, gated community featuring premium amenities such as a pool, spa, and meticulously maintained grounds.
The 1,152 sqft layout features an open living space and a private patio area, perfectly designed to maximize the Palm Springs lifestyle and natural desert light.
The monthly HOA fee of $542 is relatively high compared to the listing price, which may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
Built in 1979, the unit and community infrastructure may require modernization or face potential future assessments common in older condominium developments.
Welcome to 1050 Ramon Road #120 in Palm Springs well-located and inviting condo offering comfort, convenience, and the best of desert living. This unit features a functional layout with an open living space, abundant natural light, and seamless indoor-outdoor flow.The kitchen offers ample cabinetry and workspace, ideal for everyday living or entertaining. The bedroom(s) provide a comfortable retreat, while the private patio area is perfect for enjoying Palm Springs' beautiful weather year-round.Situated within a gated community, residents enjoy access to desirable amenities such as a pool, spa, and well-maintained grounds. The location is ideal just minutes from downtown Palm Springs, shopping, dining, and entertainment, making it perfect as a full-time residence, vacation home, or investment opportunity.Don't miss this opportunity to own a piece of Palm Springs in a centrally located and amenity-rich community.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 2.0 mi
Grades K-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,152 | 1,385.5 | 25% |
| Lot Size | - | 816.5 | 46% |
| Price | $267.5K | $488.5K | 10% |
| Price per sq ft | $232 | $358 | 5% |
| Built year | 1979 | 1977 | 59% |
| HOA | $542.0 | $620 | 31% |
| Days on market | 46 | 150 | 2% |
May 24, 2026
$267,500
$270,000
-1% Price Drop
Initial Listing
Apr 22, 2026
$270,000
Initial Listing
Oct 5, 2012
$100,000
Public Record