1111 E Palm Canyon Drive 107, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath
1111 E Palm Canyon Drive 107
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 1111 E Palm Canyon Drive 107, Palm Springs, California 92264 is currently available with a list price of $319,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palm Springs Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This mid-century modern unit has been extensively renovated within the last 5 years, featuring a contemporary kitchen with stainless steel appliances, updated flat-panel cabinetry, and modern countertops. The interior boasts high-quality polished flooring, updated bathroom fixtures, and stylish lighting throughout. The property is fully furnished and move-in ready with no signs of deferred maintenance, perfectly aligning with the 'excellent' condition criteria for a renovated historic property.
PROSSTRENGTHS & OPPORTUNITIES
- Proven Investment Potential
With no HOA rental restrictions and a documented income of $25,000 in 2024, this fully furnished unit offers a turnkey opportunity for immediate short-term rental revenue.
- Iconic Mid-Century Architecture
Designed by Palmer & Krisel and built by the Alexander Company, this historic property provides significant architectural prestige and access to legendary amenities like the key-shaped pool.
- Premium Outdoor Living
The unit boasts one of the largest private patios in the complex, offering rare expansive outdoor space and stunning mountain views that enhance the desert living experience.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $799 monthly association fee is substantial for a 525-square-foot unit, which may weigh on the net ROI despite including utilities like electricity and water.
- Limited Interior Square Footage
At only 525 square feet, the compact living space is primarily suited as a vacation getaway or 'pied-à-terre' rather than a full-time residence.
About 1111 E Palm Canyon Drive 107
Own a piece of history in the historic Ocotillo Lodge, a classic Mid-Century architectural specimen designed by Palmer & Krisel and built by the Alexander Company. NO HOA RENTAL RESTRICTIONS & FULLY FURNISHED! This chic 1 bed/1 bath getaway with one of the largest private patios in the complex (with mountain views!) is a great pied a terre when in town, and a great Airbnb when you need a little extra cash. Right outside your door lies all the amenities the Lodge has to offer including a key-shaped pool, two hot tubs, a clubhouse with pool tables and piano, community gym, and an outdoor Sunshine bar with a built-in grill. Home earned $25,000 in 2024 and is over $20,000 in 2025. Buy now and start collecting rent immediately! Rental history and operating expenses available. HOA dues include water, electric, WiFi, internet, cable, trash, pool, spa, clubhouse and a gym. This is truly the best of the desert!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1995
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $799.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 0.5 mi
Raymond Cree Middle School
Grades 6-8 • 3.0 mi
Desert Learning Academy
Grades K-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 13% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 525 | 1,322 | 3% |
| Lot Size | - | 1,148 | 38% |
| Price | $319.0K | $450.0K | 17% |
| Price per sq ft | $608 | $330 | 94% |
| Built year | 1995 | 1977 | 92% |
| HOA | $799.0 | $624 | 76% |
| Days on market | 6 | 163 | 1% |
Pricing History
Listed for Sale
Mar 1, 2026
$319,000
Initial Listing
Sold
Sep 15, 2022
$419,000
Public Record
Sold
Feb 21, 2019
$240,000
Public Record
Sold
May 23, 2011
$55,000
Public Record
Sold
Mar 15, 2007
$150,000
Public Record
Sold
Apr 20, 2004
$85,000
Public Record