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155 W Hermosa Place 24, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

155 W Hermosa Place 24, Palm Springs, California 92262 home-pic-0
ACTIVE$535,000
155 W Hermosa Place 24, Palm Springs, California 92262
1Bed
1Bath
756Sqft
436Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Architectural Significance: Designed by renowned architect Albert Frey, offering unique historical and architectural value.
Top Cons:
Limited Space: The property is a 1-bedroom, 1-bath condominium, which may not be suitable for larger families or those needing more space.

Compared to the nearby listings

Price:$535.0K vs avg $338.0K (+$197,000)79%
Size:756 sqft vs avg 1,068 sqft32%
Price/sqft:$708 vs avg $34898%

More Insights

Built in 1947 (78 years old).
Condition: The property was built in 1947 but has been professionally remodeled with contemporary finishes. The kitchen features Bosch appliances and Caesar stone countertops, and the bathroom has mosaic tile and a walk-in shower. The presence of modern conveniences like a Nest thermostat, keyless entry, and energy-efficient windows suggests recent updates. While not brand new, the property appears to be in good condition and move-in ready.
Year Built
1947
Close
-
List price
$535K
Original List price
$535K
Price/Sqft
$708
HOA
$541
Days on market
-
Sold On
-
MLS number
219132548PS
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

This residence is a charming and historically significant property designed by Albert Frey in 1947. It features a 1-bedroom, 1-bath layout with modern updates and architectural details. Highlights include:Short term rentals are allowed!Abundant natural light from double corner windows.Two spacious patios for outdoor enjoyment.Professionally remodeled interior with contemporary finishes.Gourmet kitchen with Bosch appliances and Caesar stone countertops.Spa-like bathroom with mosaic tile (floor to the ceiling) and walk-in shower.Master bedroom with Frey's signature glass block and French doors to front patio.Modern conveniences: Nest thermostat, keyless entry, energy efficient windows & doors, and built-in surround sound system.Corner unit with only one common wall.Prime location in the Uptown Design District, close to amenities and outdoor activities. Walk to most anywhere!One assigned carport space.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•0.5mi
4/10
Raymond Cree Middle School
Public,•6-8•0.9mi
6/10
Palm Springs High School
Public,•9-12•2.0mi
4/10
Desert Learning Academy
Public,•K-12•2.0mi
Condition Rating
Good
The property was built in 1947 but has been professionally remodeled with contemporary finishes. The kitchen features Bosch appliances and Caesar stone countertops, and the bathroom has mosaic tile and a walk-in shower. The presence of modern conveniences like a Nest thermostat, keyless entry, and energy-efficient windows suggests recent updates. While not brand new, the property appears to be in good condition and move-in ready.
Pros & Cons

Pros

Architectural Significance: Designed by renowned architect Albert Frey, offering unique historical and architectural value.
Prime Location: Located in the desirable Uptown Design District, providing easy access to amenities, dining, and outdoor activities.
Modern Updates: Professionally remodeled with contemporary finishes, including a gourmet kitchen with Bosch appliances and a spa-like bathroom.
Short Term Rental Potential: Short term rentals are allowed, making it an attractive investment opportunity.
Outdoor Living: Features two spacious patios, perfect for enjoying the Palm Springs weather and outdoor entertaining.

Cons

Limited Space: The property is a 1-bedroom, 1-bath condominium, which may not be suitable for larger families or those needing more space.
HOA Fees: The monthly association fee of $541.0 is relatively high and should be factored into the overall cost of ownership.
Single Parking Space: Only one assigned carport space is available, which may be insufficient for households with multiple vehicles or frequent guests.

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