
Palm Springs, California 92262
This Condominium represents a High-Potential Investment Opportunity, listed at $172,500—positioned well above the $154,961 Fair Market Value by 11%. While the price reflects a premium, the property offers a Condition Rating of 4, providing a move-in ready, fully furnished asset with resort-style amenities including six pools, eight spas, and tennis-pickleball courts. Its proximity to the Palm Springs Aerial Tramway and downtown dining enhances its appeal for short-term rental demand. This is an ideal acquisition for Buy-and-Hold Investors or vacation home buyers seeking a turnkey desert getaway.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2812 N Auburn Court 202 Subject | $172,500* List Price | 1 | 1 | 589 | $263 | - |
A 685 N Ashurst Court H 215 Sold | $145,000 | 1 | 1 | 589 | $246 | 0.0 mi |
B 2809 E Los Felices Circle E 207 Sold | $145,000 | 1 | 1 | 589 | $246 | 0.1 mi |
C 470 N Villa Court 205 Sold | $130,000 | 1 | 1 | 589 | $221 | 0.3 mi |
D 675 N Los Felices Circle 110 Sold | $167,000 | 1 | 1 | 589 | $284 | 0.1 mi |
E 420 N Villa Court 107 Sold | $155,000 | 1 | 1 | 589 | $263 | 0.3 mi |
F 680 N Ashurst Court 102 Sold | $168,500 | 1 | 1 | 589 | $286 | 0.0 mi |
G 2801 N Los Felices E 104 Active | $194,500 List Price | 1 | 1 | 589 | $330 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this 44-year-old condo is functional and move-in ready but features dated elements such as older tile flooring, original-style doors, and older fixtures. Without evidence of a comprehensive renovation within the last 15 years, it falls into the fair category due to its age and dated aesthetic.
The condo is offered fully furnished and move-in ready, making it an ideal immediate vacation home or rental investment without the need for additional furniture costs.
Located in a gated community, residents have access to premium resort-style facilities including six pools, eight spas, and tennis and pickleball courts.
This upper-level unit features a desirable pool view and is situated just minutes from the Palm Springs Aerial Tramway and popular downtown dining destinations.
The association fee of $515 per month is relatively high given the property's price point, which may impact the overall affordability and monthly cash flow for investors.
At only 589 square feet, the compact living space may feel restrictive for long-term residents or those requiring significant storage and room to entertain.
Palm Springs Villa II Gated Community! Condo is move in ready located on the upper level with a pool view, only a few minutes away from the aerial tram and downtown restaurants. This condo comes fully furnished just bring your clothes and start enjoying your palm springs getaway that has 6 pools, 8 spas, tennis -pickleball court so much to enjoy in this gated community!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 33% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 589 | 1,131 | 20% |
| Lot Size | - | 436 | 45% |
| Price | $172.5K | $360.0K | 11% |
| Price per sq ft | $293 | $345 | 29% |
| Built year | 1982 | 1981 | 51% |
| HOA | $515.0 | $550 | 37% |
| Days on market | 94 | 160 | 19% |
Mar 5, 2026
$172,500
Initial Listing
Nov 25, 2020
$142,000
Public Record