1300 S Camino Real, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
ACTIVE$349,000
1300 S Camino Real, Palm Springs, California 92264
2Beds
2Baths
1,054Sqft
2,178Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Accessibility: The property boasts an excellent location, close to downtown Palm Springs, various restaurants, coffee shops, and grocery options, offering a walkable neighborhood and easy commuting throughout the valley.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2178, other record lot size in square feet = 1641.
Compared to the nearby listings
Price:$349.0K vs avg $439.4K ($-90,450)25%
Size:1,054 sqft vs avg 1,307 sqft19%
Price/sqft:$331 vs avg $33847%
More Insights
Built in 1973 (52 years old).
Condition: Built in 1973, this condo shows its age, particularly in the kitchen which features very dated white appliances, tiled countertops, and an old fluorescent light fixture. While some areas have been updated with wood laminate flooring and plantation shutters, the overall aesthetic and key areas like the kitchen and partially visible bathroom suggest a property that is aged but maintained. It requires minor updates, especially in the kitchen and bathrooms, to meet current quality standards, aligning with the 'Fair' condition criteria.
Year Built
1973
Close
-
List price
$349K
Original List price
$349K
Price/Sqft
$331
HOA
$486
Days on market
-
Sold On
-
MLS number
25624579PS
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
This 2 bedroom 2 bath condo located in Biltmore Phase 1 is an end unit with just one common wall, spacious living areas, and lovely views from the bedroom windows! In-unit laundry, one-car detached garage plus driveway, and convenient guest parking located across the drive. Close to the community's pool and spa, and tennis and pickleball courts. The developer land lease has been extended to 2072. Property makes for an excellent full-time rental, second home or full time residence. Close to restaurants, Koffi south, downtown PS and grocery options. Great neighborhood for walking and easy to commute anywhere in the valley! Come see this opportunity today.
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•0.2mi
4/10
Raymond Cree Middle School
Public,•6-8•2.8mi
4/10
Desert Learning Academy
Public,•K-12•1.3mi
6/10
Palm Springs High School
Public,•9-12•1.6mi
Condition Rating
Fair
Built in 1973, this condo shows its age, particularly in the kitchen which features very dated white appliances, tiled countertops, and an old fluorescent light fixture. While some areas have been updated with wood laminate flooring and plantation shutters, the overall aesthetic and key areas like the kitchen and partially visible bathroom suggest a property that is aged but maintained. It requires minor updates, especially in the kitchen and bathrooms, to meet current quality standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Prime Location & Accessibility: The property boasts an excellent location, close to downtown Palm Springs, various restaurants, coffee shops, and grocery options, offering a walkable neighborhood and easy commuting throughout the valley.
Excellent Community Amenities: Residents benefit from convenient access to a range of community amenities including a pool, spa, tennis courts, and pickleball courts, enhancing lifestyle and recreational opportunities.
Versatile Use & Investment Potential: This condo is highly versatile, suitable as a full-time residence, a second home, or an excellent full-time rental property, appealing to a broad range of buyers and investors.
Enhanced Privacy (End Unit): As an end unit with only one common wall, the property offers increased privacy and potentially more natural light compared to interior units.
Convenient Parking & In-Unit Laundry: The unit includes a one-car detached garage, a driveway, convenient guest parking, and the added benefit of in-unit laundry, providing significant convenience for residents.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2178, other record lot size in square feet = 1641.
Land Lease Structure: The property is subject to a developer land lease, which, despite being extended to 2072, represents a different ownership model than fee simple and may be a consideration for some buyers.
Age of Construction: Built in 1973, the property's age suggests that some systems or finishes may be original or dated, potentially requiring future updates or renovations to meet modern preferences.
Monthly Association Fees: The monthly association fee of $486 adds a significant recurring cost to homeownership, which needs to be factored into the overall budget for potential buyers.