1660 S La Reina Way 1a, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

1660 S La Reina Way 1a
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 1660 S La Reina Way 1a, Palm Springs, California 92264 is currently available with a list price of $499,000. 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.
Although built in 1972, the property has been extensively renovated to modern standards. It features a fully updated kitchen with newer cabinets and glass tile backsplash, a luxurious primary bathroom with an oversized shower, custom California closets, and high-quality built-in cabinetry. The unit is move-in ready with contemporary finishes and no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Privacy and Outdoor Living
This rare end-unit features no shared walls with neighbors and boasts approximately 400 square feet of covered balcony space, providing a level of seclusion and indoor-outdoor flow seldom found in condominium living.
- Turnkey Modern Renovations
The interior has been updated to perfection with a remodeled kitchen featuring glass tile backsplashes, a luxurious primary suite with a custom California closet, and a versatile second bedroom with built-in cabinetry and a Murphy bed.
- Extended Land Lease
The land lease has been recently extended to 2089, offering significant long-term security and making the property more attractive for traditional financing compared to other leasehold estates in Palm Springs.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The HOA fee of $1,080 per month is relatively high, which may impact the overall affordability and debt-to-income ratios for budget-conscious buyers despite the inclusion of several utilities.
- Leasehold Ownership Structure
Despite the long extension, the property remains on leased land rather than fee simple, which can be a deterrent for specific investors and buyers who prefer full land ownership.
About 1660 S La Reina Way 1a
PRICE REDUCTION.......Welcome to the Diplomat, located in desirable South Palm Springs. Enjoy this 2-bedroom, 2 bath condo that has been updated to perfection. Upon entering through the double doors, you'll find yourself in a grand foyer that sets the stage for this spacious first floor unit, both elegant and comfortable. The primary suite features a custom California walk-in closet and a luxurious bathroom with an oversized shower. The second bedroom has built-in cabinetry including a desk and a Murphy bed which provides flexibility for guests or a perfect home office. The kitchen adds to the beauty of the home with newer cabinets, appliances and new glass tile backsplash. The living room, dining room and both bedrooms open onto large covered balconies through floor to ceiling sliding glass doors and provide beautiful views of mountains, greenbelt and community pool. The outside space is perfect for dining, entertaining and expands the living space by approximately 400 sq ft. An additional standout feature is the privacy, as there are no shared walls with neighboring units. The building offers underground parking with an assigned space and an elevator conveniently close to the unit. The HOA includes Spectrum cable TV, Wi-Fi internet, water and trash, providing a low-maintenance carefree lifestyle or a perfect full time residence. The Diplomat is conveniently located across the street from Smoke Tree Village providing access to markets, shops, pharmacy and restaurants all within minutes. Move-in ready, renovated and beautifully designed, this Palm Springs home offers desert living at it's finest. Land lease was recently extended to 2089.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1080.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 1.1 mi
Raymond Cree Middle School
Grades 6-8 • 3.1 mi
Desert Learning Academy
Grades K-12 • 1.0 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 | 1,850 | 1,325 | 78% |
| Lot Size | - | 1,148 | 38% |
| Price | $499.0K | $450.0K | 59% |
| Price per sq ft | $270 | $328 | 16% |
| Built year | 1972 | 1977 | 25% |
| HOA | $1080.0 | $624 | 92% |
| Days on market | 93 | 163 | 21% |
Pricing History
Listed for Sale
Feb 2, 2026
$499,000
$520,000
-4% Price Drop
Initial Listing
Price Change
Dec 4, 2025
$520,000
Initial Listing










































