2701 E Mesquite Q69, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
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Palm Springs, California 92264
This Fee Simple Condominium represents a Strong Value Opportunity, listed at $359,000—positioned well above the $340,521 Fair Market Value by -5%. Featuring a Condition Rating of 3, this updated unit offers resort-style amenities including pools, spas, and tennis courts. With a 7-day minimum stay requirement and prime location, it serves as a high-demand rental asset. This property is an ideal acquisition for Buy-and-Hold Investors or vacation home buyers seeking a turnkey desert retreat with mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2701 E Mesquite Q69 Subject | $359,000* List Price | 2 | 2 | 1,175 | $290 | - |
A 2700 E Mesquite Avenue D17 Sold | $377,000 | 2 | 2 | 1,175 | $321 | 0.1 mi |
B 2701 E Mesquite Avenue A4 Sold | $419,000 | 2 | 2 | 1,175 | $357 | 0.0 mi |
C 2345 S Cherokee Way 118 Sold | $275,000 | 2 | 2 | 1,252 | $220 | 0.9 mi |
D 3155 E Ramon Road 710 Sold | $330,000 | 2 | 2 | 1,230 | $268 | 0.6 mi |
E 2001 E Camino Parocela G45 Sold | $435,000 | 2 | 2 | 1,175 | $370 | 0.6 mi |
F 2700 E Mesquite Avenue E29 Sold | $295,000 | 2 | 2 | 1,175 | $251 | 0.1 mi |
G 2345 S Cherokee Way 105 Sold | $409,000 | 3 | 2 | 1,374 | $298 | 0.9 mi |
H 2701 E Mesquite Avenue Q74 Active Under Contract | $358,500 List Price | 2 | 2 | 1,175 | $305 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1984 (40 years old), the listing specifies it is 'beautifully updated' and it was recently sold in 2021, suggesting a renovation within the 5-15 year range. The exterior and community amenities are well-maintained and the unit is move-in ready, though the age of the building prevents an 'Excellent' rating without proof of a total system overhaul.
A significant advantage in the Palm Springs market, this property is Fee Simple rather than on a land lease, offering the owner full land ownership and easier financing options.
With a low 7-day minimum stay requirement and a prime location near downtown, this condo is perfectly positioned for high-demand vacation rental income.
The HOA fee provides excellent value by covering water, trash, internet, and insurance, alongside access to resort-style pools, spas, and tennis courts.
The local schools are rated between 4 and 6, which may be a consideration for families prioritizing top-tier educational performance in their home search.
Built in 1984, the property and community may require more frequent maintenance or face future capital improvement assessments typical of older developments.
Experience the best of desert living in this beautifully updated 2bedroom 2 bath condo located in the heart of Palm Springs. Situated in desirable, well maintained community, this home blend comfort, style, and resort like amenities, perfect for full time living, a vacation getaway, or a high demand rental opportunity. Resident enjoy multiple sparkling pools, and spas, tennis courts, lush landscape grounds, and secure parking, located just minutes from downtown Palm springs.The Hoa include Trash, water , internet and insurance. Resident just pay for electicity. And this condo on Fee simple not land lease. Located on the 1st floor. Hoa minimum stay for short term is 1 week.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 2.8 mi
Grades K-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,175 | 1,199 |
| Lot Size | 1,307 | 1,742 |
| Price | $359.0K | $445.8K |
| Price per sq ft | $306 | $351 |
| Built year | 1984 | 1980 |
| HOA | $509.0 | $587 |
| Days on market | 8 | 67 |
Jul 14, 2026
$359,000
Initial Listing
Sep 15, 2021
$345,000
Public Record
Feb 6, 2012
$169,000
Public Record