222 N Calle El Segundo 529, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
222 N Calle El Segundo 529
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 222 N Calle El Segundo 529, Palm Springs, California 92262 is currently available with a list price of $285,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and sold turnkey, featuring significant recent cosmetic updates including new laminate flooring throughout and a renovated bathroom with a new vanity and decorative tile tub surround. While the building was constructed in 1983, the interior has been well-maintained and updated to modern standards, though it lacks a full-scale recent renovation of all major systems and the kitchen to qualify as excellent.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in the heart of downtown Palm Springs across from the Spa Resort Casino, this property offers exceptional walkability to world-class dining, shopping, and entertainment.
- Short-Term Rental Viability
With a 7-night minimum rental policy and being sold turnkey furnished, this unit is perfectly positioned as a high-potential investment property with immediate income-generating capability.
- Modern Interior Upgrades
The unit features tasteful updates including new laminate flooring, a renovated bathroom with decorative tile, and the significant convenience of an in-unit stacked washer and dryer.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $618 per month is relatively high for a 653-square-foot one-bedroom unit, which may impact the net ROI for investors and monthly affordability for residents.
- Lack of Scenic Views
The property is listed as having no specific view, which can be a competitive disadvantage in the Palm Springs market where mountain or poolside vistas are highly coveted.
About 222 N Calle El Segundo 529
This move-in-ready unit at Plaza Villas is being sold turnkey, fully furnished and equipped, whether as a primary residence or a viable short or long-term rental investment. 7-night minimums are allowed. Located in the heart of downtown Palm Springs across from the Spa Resort Casino. The interior features tile flooring in the entry and bathroom, and new laminate flooring throughout, updated bathroom with decorative tile tub/shower surround, and new vanity, stacked washer/dryer inside, and tastefully appointed furnishings and decor. Ample storage and a generous 9' x 12' patio complete the package. The community has two pool/spa areas, a tennis court, secure gated entries, and covered parking, all in a prime downtown location. Don't miss the opportunity to inquire about the generated income for 2023, 2024, and 2025, providing insights into the investment potential of this property.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $618.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 0.8 mi
Raymond Cree Middle School
Grades 6-8 • 1.3 mi
Desert Learning Academy
Grades K-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 653 | 1,051 | 27% |
| Lot Size | 871 | 576.5 | 61% |
| Price | $285.0K | $330.0K | 39% |
| Price per sq ft | $436 | $344 | 80% |
| Built year | 1983 | 1982 | 58% |
| HOA | $618.0 | $532 | 74% |
| Days on market | 142 | 173 | 30% |
Pricing History
Listed for Sale
Feb 21, 2026
$285,000
$295,000
-3% Price Drop
Initial Listing
Price Change
Oct 16, 2025
$295,000
Initial Listing