2825 N Los Felices Road 107, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This Ground-Level Condominium functions as a low-entry Asset with a List Price of $159,000, positioned near the $149,600 Fair Market Value. Currently holding a Fair Condition Rating, the unit provides a Value-Add opportunity for those looking to modernize the 1981 finishes for increased ROI. The property features Fee Land Ownership, a private covered patio, and access to resort-style amenities including pools and tennis courts. Proximity to Vista Del Monte Elementary and Palm Springs High School ensures consistent demand. This acquisition is best suited for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2825 N Los Felices Road 107 Subject | $159,000* List Price | 1 | 1 | 589 | $254 | - |
A 2857 N Los Felices Road 210 Sold | $135,000 | 1 | 1 | 589 | $229 | 0.0 mi |
B 510 N Villa 200 Sold | $125,000 | 1 | 1 | 589 | $212 | 0.2 mi |
C 470 N Villa Court 205 Sold | $130,000 | 1 | 1 | 589 | $221 | 0.2 mi |
D 675 N Los Felices Circle 110 Sold | $167,000 | 1 | 1 | 589 | $284 | 0.3 mi |
E 685 N Ashurst Court H 215 Sold | $145,000 | 1 | 1 | 589 | $246 | 0.2 mi |
F 2820 N Arcadia Court B102 Sold | $159,000 | 1 | 1 | 589 | $270 | 0.3 mi |
G 2820 N Arcadia Court 101 Active | $179,000 List Price | 1 | 1 | 589 | $304 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, this 43-year-old property is well-maintained and move-in ready but remains dated. The kitchen features a cosmetic refresh with painted cabinets, yet retains older white coil-top appliances and basic tile flooring. It lacks a full modern renovation within the last 15 years, placing it in the fair category due to its age and dated functional elements.
Unlike many properties in Palm Springs that are subject to land leases, this condo is on Fee land, meaning you own the land outright, which simplifies financing and provides better long-term value security.
The unit is a ground-level residence with no stairs, offering easy access and a private covered patio that enhances the living space for a convenient indoor-outdoor desert lifestyle.
Residents have access to extensive community amenities including multiple pools, spas, tennis courts, and BBQ areas, providing a high-quality resort experience at an affordable price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1, other record lot size in square feet = 624.
The monthly association fee of $550 is relatively high compared to the $159,000 list price, which may impact the debt-to-income ratio for some buyers and overall monthly affordability.
At 589 square feet, the living space is quite compact, and the reliance on community laundry facilities rather than in-unit hookups may be a drawback for those seeking modern convenience.
Welcome to Fabulous Palm Springs Villas I -- a charming ground-level with no stairs, condo offering comfort, convenience, and classical Palm Springs resort living. This 1-bedroom, 1-bath residence at 2825 N Los Felices Rd #107 features a bright, efficient layout with a spacious living area, sliding glass doors, a private covered patio, tile flooring in the kitchen and dining areas, neutral interior finishes, and a clean move-in-ready feel. The kitchen includes generous cabinet storage, white appliances, and an easy connection to the dining space. The bedroom offers good natural light, and the bathroom features a dark vanity, white countertop, and clean neutral finishes.Located in the desirable Palm Springs Villas I community, residents enjoy resort-style amenities including pools, spas, tennis courts, landscaped grounds, BBQ areas, and community laundry. The location is close to North Palm Canyon, downtown Palm Springs, restaurants, shopping, hiking, casinos, and the Palm Springs Aerial Tramway. Whether you are looking for a primary home, weekend desert getaway, or investment opportunity, this condo delivers an affordable entry point into the Palm Springs lifestyle. Fee land -- you own the land. Do not miss this opportunity to own in one of Palm Springs' most convenient communities.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.7 mi
Grades K-5 • 3.5 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 | 1 | 436 | 46% |
| Price | $159.0K | $360.0K | 8% |
| Price per sq ft | $270 | $345 | 20% |
| Built year | 1981 | 1981 | 50% |
| HOA | $550.0 | $550 | 50% |
| Days on market | 33 | 160 | 2% |
May 5, 2026
$159,000
Initial Listing
Apr 11, 2006
$128,000
Public Record
Jan 31, 2005
$70,000
Public Record