1550 S Camino Real 125, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
1550 S Camino Real 125
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 1550 S Camino Real 125, Palm Springs, California 92264 is currently available with a list price of $325,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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
Property is new construction or fully renovated.
Despite being built in 1974, this condo has undergone a comprehensive and recent renovation, as explicitly stated in the description and visually confirmed by the images. The kitchen features all new appliances, modern dark cabinetry, quartz countertops, and a stylish backsplash. Both bathrooms are fully updated with contemporary tiling, new vanities, and modern fixtures (black hardware in one, gold in the other, and a frameless glass shower door in the primary). New wood-look laminate flooring extends throughout the living areas and bedrooms. The light fixtures are modern, and the overall aesthetic is fresh and current, indicating an extensive renovation likely within the last 5 years, bringing the property to a virtually new condition in its key living spaces.
PROSSTRENGTHS & OPPORTUNITIES
- Extensively Remodeled Interior
The condo features recent, high-quality remodels in the kitchen (new appliances, cabinets, quartz, backsplash) and primary bathroom (tiled shower, frameless glass), along with new living room flooring, offering a modern and move-in-ready aesthetic.
- Prime Walkable Location
Situated minutes from Downtown Palm Springs, the property offers exceptional walkability to vibrant restaurants, trendy cafés, shopping, and hiking trails, enhancing lifestyle and convenience.
- Robust Community Amenities
Residents benefit from a well-equipped community featuring a pool, tennis courts, laundry facilities, and convenient carport parking, adding significant value and recreational options.
CONSRISKS & DEFICIENCIES
- Land Lease Property
The property is subject to a land lease, which, despite being extended until 2072, means buyers do not own the land outright and will need to consider the implications of leasehold ownership as the expiration date approaches.
- Building Age (1974)
While the interior is updated, the building itself was constructed in 1974, suggesting potential for older common area infrastructure or future maintenance needs that could lead to HOA assessments.
- 30-Day Minimum Rental Restriction
Although short-term rentals are permitted, the HOA's 30-day minimum stay requirement may limit the property's income potential compared to areas allowing shorter, more frequent vacation rentals.
About 1550 S Camino Real 125
LOWER LEVEL UNIT. Welcome to the prestigious Palm Springs Biltmore community! This beautifully remodeled condo features a split-bedroom layout with two bedrooms, two bathrooms and comes with everything you need! Kitchen and primary bedroom have been recently remodeled with kitchen offering all new appliances, new cabinets, new quartz countertops, and a beautiful backsplash. The natural lighting makes the new living room flooring shine from the living room to the kitchen and throughout the open floor plan. The primary suite has a designer feel with a tiled shower and a frameless glass shower door. With central air conditioning for your convenience and plenty of space, this home has it all. Sliding doors to your private patio area for extra rest and relaxation makes this prime real estate. Community offers a pool, tennis courts, laundry, and carport parking. Minutes from Downtown, shopping, restaurants, and the 110 Freeway! Property is ideal for full-time residence or short term vacation rentals (30 Day Minimum per HOA). Land Lease extended until 2072. Nestled within walking distance to vibrant restaurants, trendy cafés, shopping and hiking trails, the location offers the perfect blend of convenience and relaxation. Whether you’re looking for a full-time residence, vacation retreat, or investment property, this unit delivers on all fronts. With its flexible floor plan, strong community features and accessible price point, Unit 125 is a rare find. Don’t miss your chance—make this desert gem your own.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 1,063 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $540.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 0.4 mi
Raymond Cree Middle School
Grades 6-8 • 2.9 mi
Desert Learning Academy
Grades K-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 889 | 1,322 | 13% |
| Lot Size | 1,063 | 1,148 | 49% |
| Price | $325.0K | $450.0K | 18% |
| Price per sq ft | $366 | $330 | 62% |
| Built year | 1974 | 1977 | 42% |
| HOA | $540.0 | $624 | 34% |
| Days on market | 165 | 165 | 51% |
Pricing History
Listed for Sale
Nov 3, 2025
$325,000
$300,000
+8% Price Increase
Initial Listing
Price Change
Sep 23, 2025
$300,000
Initial Listing