155 W Hermosa Place 4, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

155 W Hermosa Place 4, Palm Springs, California 92262 home-pic-0
ACTIVE$525,000
155 W Hermosa Place 4, Palm Springs, California 92262
1Bed
1Bath
756Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Architectural Heritage: Originally designed by renowned architect Albert Frey, this property offers a unique blend of historic significance and mid-century modern design.
Top Cons:
Limited Living Space: With 756 square feet, 1 bedroom, and 1 bathroom, the property offers restricted living space, potentially limiting its appeal to individuals or couples.

Compared to the nearby listings

Price:$525.0K vs avg $338.0K (+$187,000)77%
Size:756 sqft vs avg 1,068 sqft32%
Price/sqft:$694 vs avg $34898%

More Insights

Built in 2003 (22 years old).
Condition: This condominium, converted in 2003, presents as move-in ready with a strong contemporary aesthetic. The images showcase a modern, updated bathroom with a floating vanity, sleek fixtures, and mosaic tiling, appearing to be in excellent condition. While the conversion was 21 years ago, the quality of the 'contemporary luxury updates' mentioned in the description, along with the visible lack of wear and tear and modern styling (dark tile flooring, modern light fixtures), suggests meticulous maintenance. The kitchen is described as 'functional and stylish, with modern appliances and sleek countertops.' The property's overall condition and style are well above 'Fair' and align closely with the 'Good' criteria, despite being slightly outside the ideal renovation timeframe, due to its well-preserved and updated nature.
Year Built
2003
Close
-
List price
$525K
Original List price
$525K
Price/Sqft
$694
HOA
$541
Days on market
-
Sold On
-
MLS number
25581751PS
Home ConditionGood
Features
Good View: Peek-A-Boo
Pool
Patio
ViewPeek-A-Boo

About this home

This "Gem" of a condo is ready for it's new relationship. Welcome to an historically significant one-bedroom, one-bathroom condominium that perfectly blends mid-century modern design with contemporary luxury. This 756 square-foot gem was originally built in 1947 as an iconic hotel designed by renowned architect Albert Frey. In 2003, it was thoughtfully converted into a collection of modern condominiums, preserving its architectural legacy while offering the convenience of today's amenities, The living area features modern design elements, and a sense of timeless elegance. The kitchen is both functional and stylish, with modern appliances and sleek countertops The bedroom is a serene retreat, with plenty of room to relax and an updated bathroom. The property offers access to a shared pool and lushly landscaped outdoor spaces, perfect for enjoying the warm Palm Springs weather and desert vistas. The charm and history of this property combine with modern comforts to create an exceptional living experience in one of the most desirable locations in Palm Springs. Villa Hermosa is ideally located in the Old Las Palmas neighborhood in Palm Springs, where you'll find world-class shopping, dining, and entertainment. Whether you're seeking a weekend getaway, a full-time residence, or a historic piece of Palm Springs history, this one-of-a-kind property offers a rare opportunity to own a piece of mid-century architectural brilliance .Don't miss your chance to experience Villa Hermosa a true Palm Springs icon.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.5mi
4/10
Raymond Cree Middle School
Public,6-80.9mi
6/10
Palm Springs High School
Public,9-122.0mi
4/10
Desert Learning Academy
Public,K-122.0mi
Condition Rating
Good

This condominium, converted in 2003, presents as move-in ready with a strong contemporary aesthetic. The images showcase a modern, updated bathroom with a floating vanity, sleek fixtures, and mosaic tiling, appearing to be in excellent condition. While the conversion was 21 years ago, the quality of the 'contemporary luxury updates' mentioned in the description, along with the visible lack of wear and tear and modern styling (dark tile flooring, modern light fixtures), suggests meticulous maintenance. The kitchen is described as 'functional and stylish, with modern appliances and sleek countertops.' The property's overall condition and style are well above 'Fair' and align closely with the 'Good' criteria, despite being slightly outside the ideal renovation timeframe, due to its well-preserved and updated nature.
Pros & Cons

Pros

Architectural Heritage: Originally designed by renowned architect Albert Frey, this property offers a unique blend of historic significance and mid-century modern design.
Premium Location: Situated in the highly desirable Old Las Palmas neighborhood of Palm Springs, providing convenient access to world-class shopping, dining, and entertainment.
Modernized Interiors: Thoughtfully converted in 2003 with contemporary luxury updates, including a stylish kitchen and updated bathroom, blending old and new seamlessly.
Resort-Style Amenities: Features access to a shared pool and beautifully landscaped outdoor spaces, enhancing the lifestyle experience and enjoyment of the desert climate.
Versatile Investment: Appeals to a wide range of buyers, suitable as a luxury weekend retreat, full-time residence, or a valuable piece of Palm Springs history.

Cons

Limited Living Space: With 756 square feet, 1 bedroom, and 1 bathroom, the property offers restricted living space, potentially limiting its appeal to individuals or couples.
Significant Association Fees: The monthly association fee of $541 represents a substantial ongoing cost, which could impact affordability and long-term ownership expenses for some buyers.
Condominium Lifestyle: As a condominium, it entails shared living spaces, potential noise from neighbors, and adherence to HOA rules, which may not suit all preferences for privacy and autonomy.

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