
Palm Springs, California 92262
This Turnkey Downtown Condo is listed at $289,000, representing a stable entry point aligned with its $276,023 Fair Market Value. Featuring a Move-in Ready Condition Rating, the interior boasts modern updates including UV-tinted windows, wood-look flooring, and smart home technology. The property offers a premium lifestyle with mountain views, two resort-style pools, and tennis courts, all situated within walking distance of the Agua Caliente Casino. With a 7-day minimum rental policy and comprehensive HOA, this asset is perfectly positioned for Short-Term Rental Investors or Second-Home Buyers seeking a low-maintenance desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 222 N Calle El Segundo 524 Subject | $289,000* List Price | 1 | 1 | 653 | $423 | - |
A 467 S Calle El Segundo D24 Sold | $275,000 | 1 | 1 | 568 | $484 | 0.7 mi |
B 467 S Calle El Segundo D5 Sold | $224,000 | 1 | 1 | 568 | $394 | 0.6 mi |
C 500 E Amado Road 423 Sold | $335,000 | 1 | 2 | 736 | $455 | 0.1 mi |
D 500 E Amado Road 420 Sold | $292,000 | 1 | 2 | 736 | $397 | 0.1 mi |
E 500 E Amado Road 416 Sold | $330,000 | 1 | 2 | 736 | $448 | 0.1 mi |
F 280 S Avenida Caballeros 271 Sold | $275,000 | 1 | 1 | 610 | $451 | 0.5 mi |
G 222 N Calle El Segundo 529 Active | $285,000 List Price | 1 | 1 | 653 | $436 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant modern updates that exceed its 1983 build year. The kitchen features updated cabinetry, stone countertops, and stainless steel appliances, while the bathroom has been modernized with a contemporary vanity and fixtures. The interior boasts consistent wood-look flooring, newer UV-tinted windows and sliders, and smart home technology like a Nest thermostat, indicating well-maintained systems and recent aesthetic improvements.
Situated in the heart of downtown Palm Springs, this property offers exceptional walkability to the Agua Caliente Casino, The Spa at Séc-he, and premium dining and shopping.
The community's policy allowing seven-day minimum rentals makes this an ideal investment opportunity for those looking to generate consistent seasonal or vacation income.
The HOA fee covers essential utilities including water, trash, and internet, alongside resort-style amenities like tennis courts, pickleball, and two expansive pools.
The $650 monthly HOA fee is relatively high for a 653-square-foot one-bedroom unit, which may impact the net ROI for budget-conscious investors.
With only 653 square feet of living space, the unit is quite compact, which may limit its appeal for full-time residents or those seeking more spacious accommodations.
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.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.3 mi
Grades K-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 35% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 653 | 1,122.5 | 21% |
| Lot Size | 871 | 500 | 59% |
| Price | $289.0K | $360.0K | 34% |
| Price per sq ft | $443 | $347 | 80% |
| Built year | 1983 | 1981 | 61% |
| HOA | $650.0 | $550 | 70% |
| Days on market | 102 | 182 | 20% |
Mar 11, 2026
$289,000
$299,000
-3% Price Drop
Initial Listing
Jan 27, 2026
$299,000
$305,000
-2% Price Drop
Initial Listing
Jan 11, 2026
$305,000
Initial Listing