
Palm Springs, California 92262
This Income-Generating Desert Asset is listed at $189,000, offering a turnkey entry into the Palm Springs market relative to its $170,850 Fair Market Value. Boasting a Condition Rating of 3, the residence features a remodeled bathroom, updated flooring, and unobstructed mountain views within the gated Palm Springs Villas II. Proximity to Katherine Finchy Elementary and resort-style amenities like community pools and tennis courts drive consistent tenant demand. Currently leased through February 2026, the property ensures immediate cash flow. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a future-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2810 N Arcadia Court 115 Subject | $189,000* List Price | 1 | 1 | 589 | $290 | - |
A 680 N Ashurst Court 102 Sold | $168,500 | 1 | 1 | 589 | $286 | 0.2 mi |
B 2812 N Auburn Court 206 Sold | $150,000 | 1 | 1 | 589 | $255 | 0.1 mi |
C 420 N Villa Court 103 Sold | $162,000 | 1 | 1 | 589 | $275 | 0.2 mi |
D 2822 N Auburn Court 205 Sold | $170,000 | 1 | 1 | 589 | $289 | 0.1 mi |
E 2857 N Los Felices Road 208 Sold | $145,000 | 1 | 1 | 589 | $246 | 0.2 mi |
F 2821 N Los Felices Circle W 114 Sold | $175,000 | 1 | 1 | 589 | $297 | 0.1 mi |
G 2810 N Arcadia Court Unit 111 Active | $149,999 List Price | 1 | 1 | 589 | $255 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1982, the property has undergone significant recent updates that elevate its condition. The bathroom has been clearly remodeled with modern features, including a glass-enclosed shower and contemporary tiling, indicating a renovation within the last 5-15 years. The flooring has also been updated, and the kitchen includes a newer range. These improvements make the unit move-in ready with minimal wear and tear in key areas, aligning with a 'Good' condition score despite the original build year.
The property is conveniently located just minutes from downtown Palm Springs, offering easy access to the city's vibrant attractions and amenities.
Situated within the secure Palm Springs Villas II, residents benefit from a gated environment and access to community pools, spas, BBQ grills, and tennis courts.
The unit features updated flooring, a remodeled bathroom, and a newer range, reducing the need for immediate renovations for a new owner.
The existing lease agreement until early 2026 restricts immediate owner occupancy or flexible personal use for a new buyer.
With only 1 bedroom, 1 bathroom, and 589 sqft, the unit offers limited living space, which may not suit individuals or couples desiring more room or families.
The $515 monthly association fee adds a significant recurring cost to ownership, and the 1982 build year suggests the potential for older infrastructure within the condominium complex.
Behind the gates of Palm Springs Villas II, this 1 bedroom, 1 bath ground level unit features updated flooring, remodeled bathroom plus a newer range. Currently rented through 2/28/26. Full time or part time living possibilities just minutes to downtown Palm Springs. Amenities include community pools/spas and BBQ grills, tennis. Unobstructed views out the windows that do not look out to other units with wide open space.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.8 mi
Grades K-5 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 35% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 589 | 1,122.5 | 17% |
| Lot Size | 0.01 | 436 | 46% |
| Price | $189.0K | $360.0K | 12% |
| Price per sq ft | $321 | $345 | 37% |
| Built year | 1982 | 1981 | 51% |
| HOA | $515.0 | $550 | 42% |
| Days on market | 172 | 182 | 47% |
Nov 1, 2025
$189,000
Initial Listing
Sep 15, 2023
$189,000
Public Record
Feb 19, 2020
$107,000
Public Record
Sep 12, 2013
$64,000
Public Record