277 E Alejo Road 101, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
277 E Alejo Road 101
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 277 E Alejo Road 101, Palm Springs, California 92262 is currently available with a list price of $389,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Despite being built in 1966, this condo has undergone a highly extensive and recent renovation. The interior features sleek polished concrete floors, modern recessed lighting, and a contemporary kitchen with flat-panel wood cabinetry, white solid-surface countertops, and modern appliances including a stainless steel refrigerator and stacked laundry. The overall aesthetic is virtually new, meeting current quality standards with no visible deferred maintenance, aligning perfectly with the 'extensively renovated recently' criteria for an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
The property boasts an exceptional downtown Palm Springs location, mere steps from shops and restaurants, offering unparalleled convenience and walkability.
- Comprehensive HOA Benefits
The HOA covers all electricity (including A/C and heat), water, sewer, trash, secure underground parking, a storage unit, grounds maintenance, and an on-site gym, significantly reducing monthly out-of-pocket expenses.
- Modern & Updated Interior
The condo features highly updated and upgraded interiors, including sleek polished concrete floors, a built-in sound system, recessed lighting, and custom closet built-ins, providing a contemporary living experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1307, other record lot size in square feet = 1761.
- High Monthly HOA Fee
Despite the extensive inclusions, the monthly association fee of $1,129.60 is substantial and represents a significant ongoing cost that could impact affordability for some buyers.
- Condominium Living Limitations
As a condominium, the property inherently involves shared walls, potential for noise from neighbors, and restrictions on exterior modifications, which may not suit buyers seeking greater privacy or autonomy.
About 277 E Alejo Road 101
LOCATION. LOCATION. LOCATION! Mere steps to shops and restaurants! This is a prime location in downtown Palm Springs! Highly updated and upgraded, with 2 en-suite bedrooms, generous living space and large private patio. Polished concrete floors are sleek and modern. And a built-in sound system lets you set the mood at any time.Enjoy mountain views from your living room, bedroom and patio. The bedrooms are separated for privacy, with the front bedroom configured with a work-from-home office nook if you need it. Closets have custom built-ins for maximum storage and efficiency. Recessed lighting throughout home, and full-size stacked laundry is in the kitchen.The kitchen is open to the living room - perfect for entertaining - and the layout flows gracefully to the spacious patio.Villa Alejo is classic Mid-Century Modern architecture with distinctive breeze block and great curb appeal! The HOA covers ALL of your electricity usage including A/C and heat, water, sewer, trash, secure underground garage parking, separate storage unit, all grounds maintenance and on-site gym/fitness center. This condo is a great desert retreat, investment property, or a full-time residence. Furniture and furnishings are available! Come see it today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1966
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1129.6 / Month
Neighborhood Insights
Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 0.6 mi
Raymond Cree Middle School
Grades 6-8 • 1.1 mi
Desert Learning Academy
Grades K-12 • 1.7 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,131 | 1,060 | 57% |
| Lot Size | 1,307 | 576.5 | 71% |
| Price | $389.0K | $331.0K | 60% |
| Price per sq ft | $344 | $343 | 50% |
| Built year | 1966 | 1982 | 7% |
| HOA | $1129.6 | $532 | 99% |
| Days on market | 105 | 173 | 15% |
Pricing History
Listed for Sale
Nov 22, 2025
$389,000
Initial Listing