2821 W Los Felices Circle W K215, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
2821 W Los Felices Circle W K215
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 2821 W Los Felices Circle W K215, Palm Springs, California 92262 is currently available with a list price of $179,000. 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 built in 1982, the unit has undergone an extensive recent renovation that brings it up to modern standards. The interior features new wood-look flooring, fresh paint, and updated light fixtures/ceiling fans. The kitchen is fully modernized with stainless steel appliances, stone countertops, and updated cabinetry, while the bathroom features a contemporary vanity and clean finishes. The property is in move-in ready condition with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Fee Simple Ownership
Unlike many properties in Palm Springs that are on leased land, this condo is located on land you own, offering greater long-term investment security and easier financing options.
- Extensive Community Amenities
The Palm Springs Villas II community provides a robust resort lifestyle with access to six pools, eight spas, tennis and pickleball courts, and a putting green.
- Move-In Ready with Views
This recently upgraded second-floor unit features a refreshed interior and desirable mountain views, making it an attractive, low-maintenance option for a primary residence or rental.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 774.
- High HOA-to-Price Ratio
The monthly association fee of $515 is relatively high compared to the $179,000 list price, which may impact the debt-to-income ratio for buyers and reduce net cash flow for investors.
- Limited Square Footage
At just 589 square feet, the compact living space may feel restrictive for long-term occupants and limits the property's appeal to a smaller demographic of singles or couples.
About 2821 W Los Felices Circle W K215
Welcome to your desert retreat at Palm Springs Villas II, a beautiful and serene gated community located on land you own. This recently upgraded one bedroom, one bath second floor condo offers cozy charm, mountain views, and effortless resort style living. Light and inviting, the home has been thoughtfully refreshed, creating a comfortable and stylish space perfect as a primary residence, second home, or rental investment. Privately situated, yet conveniently close to one of the community pools, it offers the perfect balance of tranquility and accessibility. Enjoy morning coffee with beautiful mountain backdrops and unwind in the peaceful surroundings that make this community so special. Palm Springs Villas II is known for its beautifully maintained, park-like grounds that stretch across the community with expansive greenbelts ideal for picnics, morning walks, or simply soaking in the desert sunshine. Residents enjoy six sparkling pools and eight spas, tennis courts, pickleball, a putting green, and open park spaces, all designed for relaxed desert living. The location is unbeatable. Just minutes to world-class hiking trails, the Palm Springs Aerial Tramway, the beginning of the recently completed CV Link, and vibrant Downtown Palm Springs with its shopping, dining, and entertainment. Easy freeway access makes getting here and enjoying the desert lifestyle seamless. Resort living, mountain views, and a prime Palm Springs location- this is desert living at its finest!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 436 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $515.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 1.1 mi
Katherine Finchy Elementary School
Grades K-5 • 2.0 mi
Cahuilla Elementary School
Grades K-5 • 3.8 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 | 589 | 1,051 | 24% |
| Lot Size | 436 | 500 | 50% |
| Price | $179.0K | $330.0K | 15% |
| Price per sq ft | $304 | $341 | 34% |
| Built year | 1982 | 1982 | 50% |
| HOA | $515.0 | $532 | 48% |
| Days on market | 11 | 173 | 1% |
Pricing History
Listed for Sale
Feb 24, 2026
$179,000
Initial Listing
Sold
Nov 14, 2016
$80,000
Public Record
Sold
Dec 16, 2011
$36,500
Public Record
Sold
May 25, 2006
$148,000
Public Record