2120 Southridge Drive, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
2120 Southridge Drive
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 2120 Southridge Drive, Palm Springs, California 92264 is currently available with a list price of $625,000. 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 1967, this property has undergone an extensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criteria. The kitchen is 'reimagined' with modern white cabinetry, dark countertops, high-end stainless steel appliances (including a Viking range), and recessed lighting. Both bathrooms feature contemporary floating vanities, modern tiling, walk-in showers with glass enclosures, and updated fixtures, appearing virtually new. The entire unit boasts modern wood-look flooring, fresh paint, updated electrical panels and wiring, and contemporary light fixtures and ceiling fans throughout. The overall aesthetic is sleek, modern, and move-in ready with no visible deferred maintenance. While the description doesn't explicitly mention a cooling system, the comprehensive nature of the other updates suggests a property that meets current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Unrivaled Panoramic Views
The property boasts 'unbeatable panoramic views of the valley and mountains,' described as 'absolutely spectacular' and visible from the living area, primary bedroom, deck, and community amenities.
- Iconic & Exclusive Community
Located in Rimcrest, an 'iconic community' designed by Leroy Rose & Harold Carlson, it is the 'only hillside development in Palm Springs,' offering a unique and exclusive living experience.
- Extensive Interior & Structural Updates
The condo features a 'reimagined, extra-large kitchen,' 'updated electric panels and wiring,' 'structural updates below the deck,' fresh paint, and new baseboards, addressing the property's age.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The $645 monthly association fee is substantial and represents a significant ongoing cost for condo ownership.
- Absence of Mentioned Cooling System
Given the Palm Springs climate, the property description does not explicitly mention a cooling system (e.g., air conditioning), which is a critical amenity.
- Age of Building & Potential for Older Infrastructure
While the unit has been updated, the building itself was constructed in 1967, which could imply older common area infrastructure or potential for future large-scale maintenance assessments.
About 2120 Southridge Drive
Perched above the valley floor and nestled into the mountainside, sits the iconic community of Rimcrest. Built in 1967, and designed by Leroy Rose & Harold Carlson, the association sits on nearly 12 acres and houses just 51 condos. The only hillside development in Palm Springs, Rimcrest is located just under the former home of Bob Hope, and the panoramic views of the valley and mountains are just unbeatable. This 2 bedroom, 2 bath condo offers 1,600 sq ft of living space and is located on the 2nd level from the top of the development, making the views absolutely spectacular. Enjoy an open concept living area with a reimagined, extra-large kitchen featuring loads of storage and an office area. Spectacular views can be enjoyed from the living area, primary bedroom, and of course the deck. Each bedroom offers a fireplace feature and walk-in closet, and both baths feature walk-in showers. Recent updates include: fresh interior and patio paint, added baseboards, updated electric panels and wiring, travertine tiled front patio, structural updates below the deck. One of the community's three spas is just steps away and is the perfect place to unwind. Stunning views greet you at every turn in Rimcrest, including at the community's two sparkling pools. Come and see what makes this location so special!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1967
- 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
- $645.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 1.9 mi
Raymond Cree Middle School
Grades 6-8 • 3.8 mi
Desert Learning Academy
Grades K-12 • 1.6 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 | 1,600 | 1,325 | 65% |
| Lot Size | 2,178 | 1,166 | 77% |
| Price | $625.0K | $450.0K | 74% |
| Price per sq ft | $391 | $330 | 70% |
| Built year | 1967 | 1977 | 14% |
| HOA | $645.0 | $624 | 59% |
| Days on market | 162 | 163 | 49% |
Pricing History
Listed for Sale
Dec 11, 2025
$625,000
$670,000
-7% Price Drop
Initial Listing
Price Change
Nov 22, 2025
$670,000
$695,000
-4% Price Drop
Initial Listing
Price Change
Sep 26, 2025
$695,000
Initial Listing