2825 N Los Felices Road 107, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

2825 N Los Felices Road 107, Palm Springs, California 92262 home-pic-0
ACTIVE$160,000
2825 N Los Felices Road 107, Palm Springs, California 92262
1Bed
1Bath
589Sqft
624Lot
Year Built
1981
Close
-
List price
$160K
Original List price
$185K
Price/Sqft
$272
HOA
$550
Days on market
-
Sold On
-
MLS number
219119134PS
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $160.0K(8th), sqft - 589(22th), beds - 1(38th), baths - 1(37th).

Updated 09/12/2025 -- Active & ready to close. First-floor 1BR/1BA in Palm Springs Villas I on fee land (no land lease) with a convenient, shaded position that stays cooler in summer. Thoughtful single-level layout, central HVAC, and carport + ample guest parking. The community offers multiple pools & spas, tennis/pickleball courts, greenbelts, BBQ/picnic areas, and on-site laundry--all professionally maintained. HOA fee includes water, trash, grounds & earthquake insurance. Minutes to Downtown, Uptown Design District, and the Palm Springs Aerial Tramway. Rental policy: 30-day minimum (no nightly STRs)--ideal for seasonal stays or longer-term use. A smart, low-maintenance desert base near everything Palm Springs. Offers reviewed as received--quick close possible.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,K-50.9mi
7/10
Katherine Finchy Elementary School
Public,K-51.7mi
4/10
Cahuilla Elementary School
Public,K-53.5mi
4/10
Raymond Cree Middle School
Public,6-81.4mi
6/10
Palm Springs High School
Public,9-123.4mi
4/10
Desert Learning Academy
Public,K-123.5mi

Price History

Date
Event
Price
08/23/25
Price Change
$160,000
10/31/24
Listing
$185,000
Condition Rating
Fair

The property was built in 1981, making it 43 years old. While it appears to be well-maintained, the visible elements such as the older white refrigerator, dated ceramic tile flooring, and simple light fixtures indicate that the interior has not undergone a significant modern renovation. The property is functional and livable but shows clear signs of being outdated in terms of style and features, aligning with the 'Fair' condition criteria. It requires minor updates to modernize.
Pros & Cons

Pros

Fee Land Ownership: The property is situated on fee land, eliminating land lease payments and enhancing long-term asset value and financial stability for the owner.
Extensive Community Amenities: Residents benefit from a wide array of professionally maintained community amenities including multiple pools, spas, tennis/pickleball courts, greenbelts, and BBQ/picnic areas.
Prime Location & Accessibility: Conveniently located just minutes from Downtown Palm Springs, the Uptown Design District, and the Aerial Tramway, offering easy access to key attractions and services.
Comprehensive HOA Coverage: The HOA fee is inclusive of water, trash, grounds maintenance, and earthquake insurance, providing predictable and comprehensive coverage for essential services.
Seasonal Rental Potential: A 30-day minimum rental policy allows for seasonal or longer-term rental income, making it an attractive option for investors or those seeking a part-time desert residence.

Cons

Compact Living Space: At 589 sqft, the 1-bedroom unit offers limited living space, which may be a constraint for some buyers or for extended periods of occupancy.
High Association Fee: The $550 monthly HOA fee is relatively high for a 1-bedroom unit of this size, potentially impacting affordability and overall ownership costs despite its inclusions.
Recent Price Reduction: A significant price drop from $185,000 to $160,000 could indicate previous overpricing or challenges in attracting buyer interest, warranting further investigation into market comparables.

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