222 N Calle El Segundo 524, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

222 N Calle El Segundo 524, Palm Springs, California 92262 home-pic-0
ACTIVE$305,000$653/sqft
222 N Calle El Segundo 524, Palm Springs, California 92262
1Bed
1Bath
653Sqft
871Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Walkable Downtown Location: Situated in a highly desirable and walkable downtown Palm Springs location, offering immediate access to the Agua Caliente Casino, The Spa at Sec-he, boutique shops, art galleries, and dining.
Top Cons:
High Monthly Association Fee: The $650 monthly association fee is substantial for a one-bedroom unit, which could impact affordability and net rental income for some buyers.

Compared to the nearby listings

Price:$305.0K vs avg $335.0K ($-30,000)44%
Size:653 sqft vs avg 1,083.5 sqft25%
Price/sqft:$467 vs avg $34090%

More Insights

Built in 1983 (43 years old).
Condition: The property, built in 1983, presents a mixed condition. While the bathroom has been extensively and recently updated with modern fixtures, a new vanity, and a stylish shower, the kitchen remains significantly outdated. The kitchen features original or very old tiled countertops and backsplash, basic white cabinets, and an older electric range, which would likely require a substantial renovation for most buyers. Other updates like newer UV-tinted windows, a Nest thermostat, and a newer washer/dryer contribute positively, but the very dated kitchen prevents the overall condition from reaching 'Good' as it would likely require more than minor updates.
Year Built
1983
Close
-
List price
$305K
Original List price
$305K
Price/Sqft
$467
HOA
$650
Days on market
-
Sold On
-
MLS number
25629857PS
Home ConditionFair
Features
Good View: Peek-A-Boo
Pool
Spa
Patio
ViewPeek-A-Boo

About this home

Welcome to Plaza Villas, where downtown Palm Springs living meets effortless resort-style appeal. This one-bedroom, one-bath condo offers an exceptional opportunity for both enjoyment and income in one of the city's most walkable and desirable locations. Set within a gated community Plaza Villas feels like a private retreat while keeping you close to everything Palm Springs is known for. Two expansive pools, a spa, tennis & pickleball courts create an environment guests and owners alike appreciate -- relaxed, active, and unmistakably Palm Springs. Inside, the residence is thoughtfully updated for comfort and efficiency, featuring newer UV-tinted windows and sliders, a Nest thermostat, and a newer washer and dryer. The layout is ideal for short-term stays, seasonal use, or full-time living, offering simplicity without sacrificing function.Plaza Villas allows short-term rentals with a seven-day minimum, making this property especially attractive as an investment. Guests will love the proximity to Agua Caliente Casino, The Spa at Sec-he, and the vibrant mix of boutique shops, art galleries, and dining in downtown Palm Springs all just moments away. The HOA covers water, trash, internet, insurance, and building and grounds maintenance, providing a low-maintenance ownership experience that is well-suited for investors and second-home owners. Whether you're seeking a Palm Springs getaway that can generate income, a seasonal escape, or a smart addition to your investment portfolio, this Plaza Villas condo delivers lifestyle, location, and rental potential in one complete offering.

T
Tim Cutler
Listing Agent

Nearby schools

7/10
Katherine Finchy Elementary School
Public,K-50.8mi
4/10
Raymond Cree Middle School
Public,6-81.3mi
4/10
Desert Learning Academy
Public,K-121.3mi
6/10
Palm Springs High School
Public,9-121.4mi
Condition Rating
Fair

The property, built in 1983, presents a mixed condition. While the bathroom has been extensively and recently updated with modern fixtures, a new vanity, and a stylish shower, the kitchen remains significantly outdated. The kitchen features original or very old tiled countertops and backsplash, basic white cabinets, and an older electric range, which would likely require a substantial renovation for most buyers. Other updates like newer UV-tinted windows, a Nest thermostat, and a newer washer/dryer contribute positively, but the very dated kitchen prevents the overall condition from reaching 'Good' as it would likely require more than minor updates.
Pros & Cons

Pros

Prime Walkable Downtown Location: Situated in a highly desirable and walkable downtown Palm Springs location, offering immediate access to the Agua Caliente Casino, The Spa at Sec-he, boutique shops, art galleries, and dining.
Strong Short-Term Rental Potential: The Plaza Villas community allows short-term rentals with a seven-day minimum, making this property an excellent investment opportunity for income generation.
Extensive Resort-Style Amenities: Residents and guests benefit from a gated community featuring two expansive pools, a spa, and tennis & pickleball courts, enhancing the resort-like living experience.
Low-Maintenance Ownership: The HOA covers water, trash, internet, insurance, and building/grounds maintenance, providing a hassle-free ownership experience ideal for investors and second-home owners.
Recent Unit Updates: The residence has been thoughtfully updated with newer UV-tinted windows and sliders, a Nest thermostat, and a newer washer and dryer, contributing to comfort and efficiency.

Cons

High Monthly Association Fee: The $650 monthly association fee is substantial for a one-bedroom unit, which could impact affordability and net rental income for some buyers.
Compact Unit Size: With 653 square feet and a 1-bedroom, 1-bath layout, the unit's compact size may limit its appeal to individuals or couples and may not suit those requiring more living space.
Older Building Construction: Built in 1983, the building is over 40 years old. While the unit has updates, the age of the overall structure could lead to potential future maintenance considerations for the community.
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