277 E Alejo Road 214, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
277 E Alejo Road 214
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 277 E Alejo Road 214, Palm Springs, California 92262 is currently available with a list price of $205,000. 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.
Although the building was constructed in 1966, this specific unit has undergone an extensive recent renovation, making it move-in ready and turnkey. The interior features modern flooring, a contemporary kitchen with stainless steel appliances and updated cabinetry, and a modernized bathroom with current fixtures. The property shows no signs of deferred maintenance and meets high quality standards for modern living.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in the heart of Palm Springs, this property offers exceptional walkability to top-tier dining, shopping, and the Agua Caliente Casino, making it a highly desirable location for residents and vacationers alike.
- Comprehensive HOA Package
The monthly HOA dues are highly inclusive, covering essential utilities such as electricity, cooling, heating, and water, which provides significant value and cost predictability in the desert climate.
- Turnkey and Furnished
The unit is move-in ready and comes complete with tasteful furnishings and décor, allowing for an immediate transition for a primary owner or a seamless start as a vacation rental.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At only 390 square feet, the compact studio layout may be restrictive for long-term residents or those requiring separate living and sleeping quarters.
- Building Age
Constructed in 1966, the mid-century complex may require ongoing attention to aging infrastructure and systems compared to more modern residential developments.
About 277 E Alejo Road 214
Step into modern living in this turnkey studio perched on the second level of the coveted Villa Alejo complex in downtown Palm Springs. Bathed in natural light, this thoughtfully updated residence blends iconic mid-century design with contemporary conveniences, making it a seamless primary residence or a high-demand vacation retreat. This unit, one of the best locations in the complex, offers stunning views of the mountains and a welcoming balcony that overlooks the lovely landscaped courtyard and the beautiful pool and spa. The HOA dues include electric, Cooling & Heating, sewer, water, trash, parking, and earthquake insurance. Residents enjoy the gated underground parking lot to include one reserved parking space, storage, and two elevators. Delight in the convenience of nearby restaurants, Starbucks, shopping, entertainment, and the Agua Caliente Casino. Move-in ready with tasteful furnishings, décor, and essentials included. Just bring your suitcase and start living!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1966
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $377.63 / 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 • 1.6 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 | 390 | 1,051 | 1% |
| Lot Size | - | 500 | 45% |
| Price | $205.0K | $330.0K | 19% |
| Price per sq ft | $526 | $344 | 93% |
| Built year | 1966 | 1982 | 7% |
| HOA | $377.63 | $532 | 8% |
| Days on market | 110 | 174 | 15% |
Pricing History
Listed for Sale
Feb 24, 2026
$205,000
$215,000
-5% Price Drop
Initial Listing
Price Change
Nov 18, 2025
$215,000
Initial Listing