
Palm Springs, California 92262
This Turnkey Condominium is a Strong Value Opportunity, listed at $185,000—positioned well below the $197,412 Fair Market Value by 6%. This valuation gap offers $12,412 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end gloss tile and modern appliances, this unit offers a scenic Mountain View and a low-maintenance lifestyle. Located in the Palm Springs Unified district, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2857 N Los Felices 110 Subject | $185,000* List Price | 1 | 1 | 589 | $335 | - |
A 2857 N Los Felices Road 210 Sold | $225,000 | 1 | 1 | 589 | $382 | 0.0 mi |
B 2857 N Los Felices Road 203 Sold | $225,000 | 1 | 1 | 589 | $382 | 0.0 mi |
C 2857 N Los Felices Road 115 Sold | $214,500 | 1 | 1 | 589 | $364 | 0.0 mi |
D 2821 N Los Felices Circle 107 Sold | $178,750 | 1 | 1 | 589 | $303 | 0.0 mi |
E 2825 N Los Felices Road 114 Sold | $197,500 | 1 | 1 | 589 | $335 | 0.1 mi |
F 2820 N Arcadia Court 116 Sold | $180,000 | 1 | 1 | 589 | $306 | 0.2 mi |
G 2821 N Los Felices Circle W 114 Sold | $175,000 | 1 | 1 | 589 | $297 | 0.0 mi |
H 2821 N Los Felices Circle 104 Sold | $205,000 | 1 | 1 | 589 | $348 | 0.0 mi |
I 2825 N Los Felices #205 205 Active | $169,900 List Price | 1 | 1 | 589 | $288 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1981, the property was completely remodeled within the last few years, meeting the criteria for a recent renovation (<5 years). The update included a new AC system, upgraded appliances, new countertops, and high-end imported gloss white tile flooring throughout, resulting in a mint-condition, move-in-ready unit.
The unit features a comprehensive remodel including imported gloss white tile floors, upgraded appliances, and custom fixtures, offering a move-in-ready experience for buyers.
As a bottom-floor unit with mountain views, this property offers both ease of access and a scenic backdrop, which are highly sought-after features in the Palm Springs market.
Listed at $185,000, this property represents an affordable entry point into the Palm Springs real estate market, especially given its updated condition and location.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =700, other record lot size in square feet = 623.
The $550 monthly HOA fee is relatively high compared to the listing price and square footage, which may impact the overall affordability and ROI for investors.
With only 589 square feet of living area, the unit's small footprint may limit its appeal to buyers seeking more storage or room for entertaining.
Great Bottom Floor Unit in Palm Springs Villas 1. It has been completely remodeled with upgraded appliances and AC etc. just a few years ago. New counters. Amazing imported gloss white tile floors throughout. Custom fixtures and new paint and window and updates throughout. This one is a great buy and a must see for Villas 1. Good bottom floor location.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 589 | 1,199 |
| Lot Size | 700 | 1,742 |
| Price | $185.0K | $445.8K |
| Price per sq ft | $314 | $351 |
| Built year | 1981 | 1980 |
| HOA | $550.0 | $587 |
| Days on market | 26 | 67 |
Jun 26, 2026
$185,000
Initial Listing
Sep 23, 2021
$159,500
Public Record
Dec 17, 2019
$94,000
Public Record
Apr 18, 2012
$41,500
Public Record
Jul 14, 1998
$28,500
Public Record