1268 E Ramon Road 1, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Fully Remodeled Ground-Level Condo is a Prime Investment Opportunity listed at $325,000—positioned well below the $333,697 Fair Market Value by 2%. This valuation gap offers $8,697 in Instant Equity. Boasting an Excellent Condition Rating, the home features a modern kitchen, remodeled bathrooms, and mountain views from a private patio. With owner financing possible and proximity to Palm Springs High School, this turnkey residence balances financial upside with a resort lifestyle. It is ideal for Seasonal Getaway Seekers or Vacation-Home Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1268 E Ramon Road 1 Subject | $325,000* List Price | 2 | 2 | 1,080 | $309 | - |
A 2001 E Camino Parocela B8 Sold | $377,500 | 2 | 2 | 1,175 | $321 | 0.5 mi |
B 1050 E Ramon Road 122 Sold | $258,500 | 2 | 2 | 916 | $282 | 0.1 mi |
C 1550 S Camino Real 317 Sold | $319,000 | 2 | 2 | 1,102 | $289 | 1.0 mi |
D 1050 E Ramon Road 3 Active | $305,000 List Price | 2 | 2 | 1,152 | $265 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a comprehensive and high-quality renovation within the last 5 years. The interior features a modern kitchen with new cabinetry, stone countertops, and stainless steel appliances. Both bathrooms have been fully remodeled with contemporary tile work and fixtures. With new flooring throughout, updated lighting, and no visible deferred maintenance, the unit meets the criteria for excellent condition.
The unit has been fully updated with a modern kitchen featuring new cabinetry and appliances, remodeled bathrooms, and new flooring throughout, offering a turnkey experience for the buyer.
Located minutes from downtown Palm Springs, this ground-level condo features a private patio with direct mountain views, blending convenience with a serene resort-like atmosphere.
The availability of possible owner financing is a significant advantage, providing a rare opportunity for buyers who may need alternative lending solutions outside of traditional mortgages.
The association fee of $515 per month is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Built in 1979, the community may require ongoing maintenance or future assessments to address aging common area infrastructure despite the individual unit's modern interior.
Tucked inside the peaceful, beautifully maintained community of Hermosa Villas, this fully remodeled ground-level condo offers the relaxed Palm Springs lifestyle you have been searching for. Surrounded by beautifully maintained grounds in a prime location, the community has a quiet, resort-like atmosphere while still being just minutes from downtown Palm Springs, shopping, dining, and local attractions. This thoughtfully remodeled 2-bedroom, 2-bath home features an updated kitchen with modern cabinetry, updated countertops, and new appliances, creating a bright and inviting space for everyday living and entertaining. The bathrooms have been completely remodeled as well with new flooring throughout the whole unit. The open layout flows comfortably through the living and dining areas, while large windows and sliding glass doors bring in natural light and create a seamless connection to the private outdoor patio. Step outside to enjoy mountain views and the desert sunshine from your own peaceful patio, perfect for morning coffee, relaxing afternoons, or evening sunsets. Hermosa Villas offers beautifully maintained grounds, a sparkling community pool and spa, and covered parking, all within a serene setting that private yet conveniently located. With its tasteful remodel, calm environment, and desirable Palm Springs location, this home is ideal as a full-time residence, seasonal getaway, or investment opportunity. Owner financing possible. Ask your agent for details.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 2.0 mi
Grades K-12 • 0.7 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 | 1,080 | 1,392 | 19% |
| Lot Size | - | 871 | 44% |
| Price | $325.0K | $485.0K | 17% |
| Price per sq ft | $301 | $347 | 27% |
| Built year | 1979 | 1976 | 61% |
| HOA | $515.0 | $624 | 22% |
| Days on market | 40 | 156 | 2% |
Mar 13, 2026
$325,000
Initial Listing