228 Sandy Point Trail, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 3 bath
228 Sandy Point Trail
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 228 Sandy Point Trail, Palm Springs, California 92262 is currently available with a list price of $445,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property was built in 2007, placing it outside the 'excellent' and 'good' categories based on age. While it has received recent paint and new carpet upstairs, the description explicitly states it is in 'original condition.' The kitchen, as seen in the images, features older cabinetry, granite countertops, and black appliances that appear dated. The flooring in the kitchen and living area is a polished concrete, which is functional but not a high-end finish. The overall impression is that the property is maintained but requires updates to meet modern standards, particularly in the kitchen and bathrooms, to move it into a 'good' condition. The presence of resort-style amenities and fee simple land are positives, but the 'original condition' of the interior components prevents a higher score.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Currently tenant-occupied with market rent, making it an ideal acquisition for investors, especially for a 1031 exchange. Owner financing is also a possibility.
- Resort-Style Amenities
The 'Palermo' complex offers desirable resort-style living with two community pools, spas, a clubhouse featuring a kitchen and billiards, and a gym.
- Outdoor Living Space
Features a private walled backyard and a large upper-level patio, providing ample space for indoor/outdoor living and entertaining.
CONSRISKS & DEFICIENCIES
- Original Condition
The unit is in original condition, suggesting potential for significant updates and renovations to modernize the property.
- Association Fees
The monthly association fee of $532.00 is a recurring cost that impacts the net operating income for investors and the overall affordability for owner-occupants.
- Listing Agent is Owner
The listing agent is also the property owner, which may present potential conflicts of interest or limit negotiation leverage for buyers.
About 228 Sandy Point Trail
Two-story Townhouse in the "Palermo" complex. In original condition with recent paint and new carpet upstairs. Unit has a private walled back-yard and the upper level has a large patio for indoor / outdoor living. The complex offers resort style living with two community pools and spas, a club house with a kitchen, billiards and a gym. Fee land (No Land Lease). Currently tenant occupied with a tenant paying a market rent of $2,490 / month. Ideal for an investor looking to acquire an investment through a 1031 exchange. Listing agent is the property owner. Owner will consider carrying a 1st Trust Deed with a large down payment at a competitive rate and terms. Inside with an accepted offer. The back of the unit faces north and not into any other units in the complex.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 1,172 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $532.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 0.6 mi
Raymond Cree Middle School
Grades 6-8 • 1.4 mi
Palm Springs High School
Grades 9-12 • 3.4 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 | 3.0 | 2.0 | 83% |
| Square foot | 1,343 | 1,060 | 73% |
| Lot Size | 1,172 | 576.5 | 70% |
| Price | $445.0K | $331.0K | 65% |
| Price per sq ft | $331 | $341 | 45% |
| Built year | 2007 | 1982 | 90% |
| HOA | $532.0 | $532 | 50% |
| Days on market | 250 | 173 | 77% |
Pricing History
Listed for Sale
Feb 9, 2026
$445,000
$485,000
-8% Price Drop
Initial Listing
Price Change
Jun 30, 2025
$485,000
Initial Listing