1384 E Andreas Road, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

1384 E Andreas Road, Palm Springs, California 92262 home-pic-0

1384 E Andreas Road

Palm Springs, California 92262

ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
2Baths
1,595Sq Ft
2,178Lot Size

Property Price

LIST PRICE$399,995

SUMMARY

Analysis of 1384 E Andreas Road, Palm Springs, California 92262 is currently available with a list price of $399,995. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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

Fair
TeardownExcellent

Property is moderate renovation needed.

The property is largely in its original 1981 condition, featuring dated oak cabinetry, white tile countertops with wide grout lines, and 1980s-style mirrored wet bar accents. While the home appears well-maintained and livable with functional systems and a newer refrigerator, the overall aesthetic—including the flooring, popcorn ceilings, and bathroom fixtures—is significantly outdated and requires a comprehensive cosmetic renovation to meet modern standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Central Location

    Situated just blocks from downtown Palm Springs, the property offers immediate proximity to high-end dining, shopping, nightlife, and the new luxury Living Out community.

  • Significant Value-Add Potential

    As a 'blank canvas' remodel project in original condition, this residence provides a rare opportunity for investors or owners to build substantial equity through modernization.

  • Superior Architectural Volume

    The interior features dramatic vaulted ceilings, skylights, and dual living areas that create an airy sense of scale and light rarely found at this price point.

CONSRISKS & DEFICIENCIES

  • Extensive Renovation Required

    With much of the interior remaining in its 1981 original state, buyers must budget for a comprehensive overhaul of systems, fixtures, and finishes.

  • High Monthly Carrying Costs

    The $571 monthly association fee represents a significant recurring expense that may impact the overall affordability for some buyers.

  • Limited Private Outdoor Space

    While the property includes an enclosed patio, the small lot size of 2,178 sq. ft. limits the potential for a traditional private yard or garden.

About 1384 E Andreas Road

A great investment opportunity and a chance to make this home your own--ideal for investors or owner-occupants seeking value, scale, and upside. This is a remodel project offering strong fundamentals, dramatic volume, and the ability to add value through thoughtful updates; with much of the interior still in original condition, the residence invites a fresh interpretation tailored to modern living. Ideally located just a few blocks from downtown Palm Springs and moments from restaurants, shopping, nightlife, galleries, and hiking. Located in Palm Regency, a boutique enclave of just 84 homes, this single-level 2BD/2BA residence offers approximately 1,595 sq. ft. of impressive space, oversized rooms, and preserved original architectural details that provide an excellent foundation for renovation. Much of the interior remains original, presenting a true blank canvas for buyers ready to personalize and modernize to their own taste. Vaulted ceilings rise above dual living areas anchored by the community's signature fireplace, creating an airy sense of scale rarely found at this price point. The main living room flows into an expansive dining area that also functions beautifully as a second living space, enhanced by skylights and a wet bar. Large neutral tile flooring throughout reinforces the clean, open layout. Outdoor living is private, with a large enclosed patio offering ample space for lounging, dining, and enjoying warm desert evenings--ideal for creating your own secluded outdoor retreat. The primary suite is thoughtfully separated from the guest bedroom and features dual vanities and direct patio access. A standout feature is the private attached single-car garage, complemented by an additional reserved carport parking space, providing rare convenience this close to downtown. The residence enjoys a quiet interior location just steps from one of the community's two pools.Palm Regency is known for its spacious layouts, private patios, attached garages, and resort-style amenities, including two pools and spas, tennis courts, wide greenbelts, and a clubhouse framed by mountain views. Positioned directly across from the new luxury Living Out community and moments from Alice B., John Henry's, Sherman's Delicatessen, and The Farm, with easy access to Palm Canyon Drive shopping, the Palm Springs Art Museum, and vibrant nightlife. An excellent opportunity to add value in a prime central Palm Springs location.

Property Details

Public Facts

Property Type
Condominium
Year Built
1981
Lot Size
2,178 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$571.0 / Month

Neighborhood Insights

Palm Springs Unified Schools

Katherine Finchy Elementary School

Grades K-5 • 0.9 mi

7/10

Raymond Cree Middle School

Grades 6-8 • 1.4 mi

4/10

Palm Springs High School

Grades 9-12 • 0.8 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,5951,060
88%
Lot Size2,178576.5
88%
Price$400.0K$331.0K
61%
Price per sq ft$251$341
14%
Built year19811982
45%
HOA$571.0$532
66%
Days on market107173
15%

Pricing History

Listed for Sale

Dec 11, 2025

$399,995

$435,000

-8% Price Drop

Initial Listing

Price Change

Nov 20, 2025

$435,000

Initial Listing

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