222 N Calle El Segundo 574, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
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Palm Springs, California 92262
This High-Potential Investment Opportunity is listed at $389,000, positioned slightly above the $374,892 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 3, featuring a turnkey interior with new flooring, countertops, and appliances. With short-term rental eligibility and resort-style amenities like pools, spas, and tennis courts, this unit is a prime asset for Buy-and-Hold Investors or Owner-Occupants seeking a desert getaway. Its proximity to downtown Palm Springs ensures consistent demand for this well-maintained, mountain-view condominium.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 222 N Calle El Segundo 574 Subject | $389,000* List Price | 2 | 2 | 1,147 | $327 | - |
A 222 N Calle El Segundo 565 Sold | $370,000 | 2 | 2 | 1,147 | $323 | 0.0 mi |
B 222 N Calle El Segundo 560 Sold | $360,000 | 2 | 2 | 1,150 | $313 | 0.0 mi |
C 222 N Calle El Segundo 576 Sold | $375,000 | 2 | 2 | 1,139 | $329 | 0.0 mi |
D 605 E Amado Road 610 Sold | $405,000 | 2 | 2 | 1,147 | $353 | 0.1 mi |
E 280 S Avenida Caballeros 209 Sold | $315,000 | 2 | 2 | 1,128 | $279 | 0.4 mi |
F 255 S Avenida Caballeros 302 Sold | $290,000 | 2 | 2 | 1,046 | $277 | 0.4 mi |
G 280 South Avenida Caballeros 102 Sold | $353,000 | 2 | 2 | 996 | $354 | 0.5 mi |
H 255 S Avenida Caballeros 306 Sold | $302,000 | 2 | 2 | 1,046 | $289 | 0.4 mi |
I 222 N Calle El Segundo Active | $375,000 List Price | 2 | 2 | 1,139 | $329 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with recent updates including new flooring, kitchen countertops, and a full suite of stainless steel appliances. While the cabinetry in the kitchen and bathrooms appears dated, the overall condition is functional and turnkey, fitting the 5-15 year renovation profile.
Ideally situated steps from downtown Palm Springs and the Agua Caliente Casino, this property permits 7-night minimum short-term rentals, offering exceptional income-producing potential in a high-demand area.
Offered fully furnished with recent upgrades including new flooring, kitchen countertops, and a full suite of new appliances, this top-floor unit provides a move-in-ready experience with added privacy and no neighbors above.
The gated community features two pools, spas, and tennis/pickleball courts, while the HOA fee conveniently covers essential utilities including water, trash, cable, and internet.
The monthly association fee of $615 is a significant recurring expense that may impact the overall affordability and net cash flow for investment-focused buyers.
Constructed in 1983, the complex is over 40 years old, which may lead to higher long-term maintenance requirements or potential future assessments for common area infrastructure.
Offered fully furnished and truly turnkey, this beautifully updated 2-bedroom, 2-bath condominium is ready for your enjoyment as a vacation retreat, seasonal getaway, full-time residence, or investment property. With no unit above, you'll appreciate the added privacy and tranquility, along with two private patios showcasing breathtaking mountain views. Recent upgrades include new kitchen countertops, attractive new flooring throughout the main living areas, and a full suite of new appliances, including a washer, dryer, refrigerator, stove, dishwasher, and microwave, adding both style, convenience, and value to the home. Ideally located just steps from Agua Caliente Casino and downtown Palm Springs dining, shopping, and entertainment, Plaza Villas allows short-term rentals with a 7-night minimum stay, creating excellent income-producing potential. Residents and guests enjoy resort-style amenities including two sparkling pools and spas, tennis and pickleball courts, gated access, and HOA benefits that cover water, trash, cable, and internet. Whether you're seeking a primary residence, a desert getaway, or a property with strong rental potential, this furnished Palm Springs condominium offers the perfect blend of comfort, convenience, and investment opportunity.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.4 mi
Grades K-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,147 | 1,199 |
| Lot Size | 1,742 | 1,742 |
| Price | $389.0K | $445.8K |
| Price per sq ft | $339 | $351 |
| Built year | 1983 | 1980 |
| HOA | $615.0 | $587 |
| Days on market | 11 | 67 |
Jul 11, 2026
$389,000
Initial Listing