2801 N Los Felices Cir E 104, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This 1-bedroom condominium represents a High-Potential Investment Opportunity, listed at $185,000—positioned slightly above the $178,173 Fair Market Value. While the unit carries a Condition Rating of 3, it offers immediate functionality with recent cosmetic updates. Residents benefit from Resort-Style Amenities including pools, tennis courts, and Scenic Mountain Views. Despite the higher HOA fees, the property’s proximity to downtown and the airport ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance desert residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2801 N Los Felices Cir E 104 Subject | $185,000* List Price | 1 | 1 | 589 | $303 | - |
A 470 N Villa Court 107 Sold | $158,000 | 1 | 1 | 589 | $268 | 0.2 mi |
B 2820 N Arcadia Court 116 Sold | $180,000 | 1 | 1 | 589 | $306 | 0.0 mi |
C 2822 N Auburn Court 205 Sold | $170,000 | 1 | 1 | 589 | $289 | 0.0 mi |
D 420 N Villa Court 107 Sold | $155,000 | 1 | 1 | 589 | $263 | 0.3 mi |
E 2857 N Los Felices Road 203 Sold | $225,000 | 1 | 1 | 589 | $382 | 0.2 mi |
F 701 N Los Felices Circle W 208 Sold | $156,000 | 1 | 1 | 589 | $265 | 0.1 mi |
G 2857 N Los Felices Road 210 Sold | $225,000 | 1 | 1 | 589 | $382 | 0.2 mi |
H 420 N Villa 207 Sold | $170,000 | 1 | 1 | 589 | $289 | 0.3 mi |
I 2800 N Los Felices W 107 Active | $178,500 List Price | 1 | 1 | 589 | $303 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1982, this unit is well-maintained and move-in ready. It features visible cosmetic updates including newer laminate flooring and a modernized bathroom vanity with updated fixtures. While the kitchen cabinets are painted originals and the appliances are dated, the overall condition is functional and clean, fitting the 5-15 year renovation window for key surfaces.
Located within the gated Palm Springs Villas II, the property offers access to premium community features including multiple pools, tennis courts, and professionally landscaped grounds.
The condo is ideally situated minutes from Downtown Palm Springs and the Aerial Tramway, providing excellent proximity to world-class dining, shopping, and outdoor recreation.
The unit features desirable mountain and neighborhood views, significantly enhancing its appeal as a vacation getaway or a relaxing desert residence.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =589, other record lot size in square feet = 698.
The monthly HOA fee of $550 is relatively high for a 589-square-foot unit, which may impact the total monthly carrying costs and overall investment yield.
With only 589 square feet of living space, the compact interior layout may be restrictive for buyers seeking a primary residence or ample storage.
This charming 1-bedroom, 1-bathroom condo located in the desirable Palm Springs Villas II community at 2801 N. Los Felices Circle, Palm Springs. Offering 589 square feet of thoughtfully designed living space, this home is perfect as residence, vacation getaway, or investment opportunity. Residents enjoy resort-style amenities including a community pool, tennis courts, beautifully maintained grounds, and a gated community atmosphere. Conveniently located just minutes from Downtown Palm Springs, you'll have quick access to popular restaurants, shopping, entertainment, and the vibrant Palm Canyon Drive. Outdoor enthusiasts will appreciate the nearby Palm Springs Aerial Tramway, scenic hiking and biking trails, while frequent travelers will enjoy the short drive to Palm Springs International Airport. With easy access to Highway 111 and everything Palm Springs has to offer, this condo combines comfort, convenience, and the best of the desert lifestyle.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.9 mi
Grades K-5 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 589 | 1,199 |
| Lot Size | 589 | 1,742 |
| Price | $185.0K | $445.8K |
| Price per sq ft | $314 | $351 |
| Built year | 1982 | 1980 |
| HOA | $550.0 | $587 |
| Days on market | 8 | 67 |
Jul 14, 2026
$185,000
Initial Listing
Feb 10, 2025
$187,000
Public Record
Apr 29, 2016
$76,000
Public Record
Aug 18, 2008
$75,000
Public Record
Jul 1, 2004
$139,000
Public Record