2601 S Broadmoor Drive 22, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Turnkey Condominium represents a Strong Value Opportunity, listed at $350,000—positioned slightly above the $336,860 Fair Market Value. While the price reflects a premium, the property features a Condition Rating of 3, highlighted by recent mechanical upgrades including a 2-3 year old HVAC and water heater. With Granite Kitchen Countertops, vaulted ceilings, and a Pool and Mountain View, this unit offers immediate lifestyle appeal. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, move-in ready residence in South Palm Springs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2601 S Broadmoor Drive 22 Subject | $350,000* List Price | 2 | 2 | 1,130 | $298 | - |
A 2345 S Cherokee 109 Sold | $270,000 | 2 | 2 | 1,225 | $220 | 0.6 mi |
B 2601 S Broadmoor Drive 63 Sold | $352,000 | 2 | 3 | 1,178 | $299 | 0.1 mi |
C 2601 S Broadmoor Drive 74 Sold | $355,000 | 2 | 2 | 1,178 | $301 | 0.1 mi |
D 2345 S Cherokee Way 118 Sold | $275,000 | 2 | 2 | 1,252 | $220 | 0.7 mi |
E 5301 E Waverly Drive 172 Sold | $275,000 | 2 | 2 | 979 | $281 | 0.4 mi |
F 47 Portola Drive Sold | $340,000 | 2 | 2 | 1,125 | $302 | 0.8 mi |
G 2601 S Broadmoor Drive 44 Pending | $330,000 List Price | 2 | 2 | 1,178 | $280 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1985, the property is well-maintained and move-in ready. Key high-value systems (HVAC and water heater) are nearly new (2-3 years old). The interior features recent cosmetic updates including granite countertops and newer carpeting, elevating it above the 'Fair' category despite the original 1980s cabinet silhouettes.
The central AC unit, water heater, and stack washer/dryer are all only 2-3 years old, providing significant value and reducing the likelihood of immediate capital expenditures for the new owner.
As an upper-level end unit with vaulted ceilings and dual ensuite bedrooms, this condo offers superior privacy, abundant natural light, and a more spacious architectural feel than standard interior units.
Situated in the desirable South End of Palm Springs, the property boasts exceptional walkability and proximity to major retailers like Trader Joe's, Target, and Starbucks, enhancing its appeal as both a primary residence or rental.
The $450 monthly association fee adds a substantial recurring cost to the ownership budget, which may impact the purchasing power of budget-conscious buyers.
Despite granite upgrades, the 1985 construction and 'cushy neutral carpeting' may feel dated to modern buyers looking for the contemporary or mid-century modern finishes typically sought after in the Palm Springs market.
Welcome to your gated upper level end unit two bedroom condo. You'll find the living area and sleeping quarters are furnished with newer cushy neutral carpeting. Enjoy those wonderfully high ceilings and multiple windows throughout giving the condo a light filled spacious feeling. The living area is equiped with a corner gas fireplace and outdoor patio with views of the grassy common area, pool and mountains. The kitchen comes equipped with all appliances. As a bonus, cozy up to your breakfast bar with a cup of java! Btw...the kitchen and master retreat countertops are granite. Show off your spacious primary retreat...it's very spacious and enjoys a large walk-in closet and private outdoor patio. The central AC unit, stack washer/dryer located in the hall and water heater ARE ALL BETWEEN 2-3 YEARS OLD! Cha-ching!!! You'll find 1 reserved covered parking space for your convenience and additional guest parking available. Nearby you'll find Starbucks, Vons, Ralphs, Trader Joes, Target and several eateries.
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades 6-8 • 4.3 mi
Grades K-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,130 | 1,385.5 | 24% |
| Lot Size | - | 816.5 | 46% |
| Price | $350.0K | $488.5K | 25% |
| Price per sq ft | $310 | $358 | 30% |
| Built year | 1985 | 1977 | 83% |
| HOA | $450.0 | $620 | 7% |
| Days on market | 14 | 150 | 0% |
May 24, 2026
$350,000
Initial Listing
May 14, 2010
$130,000
Public Record
Sep 22, 2006
$215,000
Public Record