2875 N Los Felices Road 217, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

2875 N Los Felices Road 217, Palm Springs, California 92262 home-pic-0
ACTIVE$135,000$589/sqft
2875 N Los Felices Road 217, Palm Springs, California 92262
1Bed
1Bath
589Sqft
436Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location & Walkability: The unit boasts incredible access, being minutes from downtown Palm Springs' vibrant dining, shopping, nightlife, and cultural attractions, as well as outdoor trails and the regional airport.
Top Cons:
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 = 624.

Compared to the nearby listings

Price:$135.0K vs avg $335.0K ($-200,000)1%
Size:589 sqft vs avg 1,083.5 sqft22%
Price/sqft:$229 vs avg $3403%

More Insights

Built in 1981 (45 years old).
Condition: Built in 1981, this property is 43 years old. The listing description explicitly states 'potential to tailor finishes to your taste' and 'potential for required updates,' strongly indicating that the interior, including the kitchen and bathroom, likely retains original or very dated finishes and appliances. While the exterior appears maintained, the overall condition suggests it requires minor updates to meet contemporary standards, aligning with the 'Fair' category.
Year Built
1981
Close
-
List price
$135K
Original List price
$145K
Price/Sqft
$229
HOA
$550
Days on market
-
Sold On
-
MLS number
219141387PS
Home ConditionFair
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

Live the Palm Springs lifestyle with efficient design and incredible access. This 1-bedroom, 1-bath, 589 sq ft corner unit at 2875 N Los Felices Rd #217 delivers abundant light, mountain backdrops, and an easy-care layout perfect for on-the-go living. Minutes from the downtown core, you'll have quick access to dining, coffee spots, nightlife, boutique shopping, fitness studios, galleries, wellness spaces, weekly markets, and outdoor trails--plus convenient connections to the regional airport and major corridors. The corner setting offers added privacy, and the 1981 construction provides a reliable framework for modern updates. Ideal as a primary base or a lock-and-leave desert pied-a-terre, this Palm Springs condo for sale blends style, location, and value with the potential to tailor finishes to your taste.

S
Shaun Waters
Listing Agent

Nearby schools

6/10
Vista Del Monte Elementary School
Public,K-50.9mi
7/10
Katherine Finchy Elementary School
Public,K-51.8mi
4/10
Cahuilla Elementary School
Public,K-53.6mi
4/10
Raymond Cree Middle School
Public,6-81.5mi
6/10
Palm Springs High School
Public,9-123.5mi
4/10
Desert Learning Academy
Public,K-123.6mi

Price History

Date
Event
Price
10/10/23
Sold
$183,000
Condition Rating
Fair

Built in 1981, this property is 43 years old. The listing description explicitly states 'potential to tailor finishes to your taste' and 'potential for required updates,' strongly indicating that the interior, including the kitchen and bathroom, likely retains original or very dated finishes and appliances. While the exterior appears maintained, the overall condition suggests it requires minor updates to meet contemporary standards, aligning with the 'Fair' category.
Pros & Cons

Pros

Exceptional Location & Walkability: The unit boasts incredible access, being minutes from downtown Palm Springs' vibrant dining, shopping, nightlife, and cultural attractions, as well as outdoor trails and the regional airport.
Scenic Mountain Views & Natural Light: Enjoyable mountain backdrops and abundant natural light enhance the living experience, contributing to the desirable Palm Springs lifestyle.
Corner Unit Privacy: As a corner unit, the property offers added privacy and potentially more windows compared to interior units.
Attractive Price Point & Value Proposition: Listed at a competitive price of $135,000 (after a recent reduction), it presents an accessible entry into the Palm Springs market with potential for personalized updates.
Flexible Lifestyle Use: Ideal as a low-maintenance primary residence or a convenient lock-and-leave desert pied-à-terre, catering to various buyer needs.

Cons

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 = 624.
Compact Living Space: At 589 sq ft, the 1-bedroom unit offers limited square footage, which may not suit all buyers seeking more expansive living areas.
High Monthly Association Fees: The $550 monthly association fee is substantial for a unit of this size, significantly impacting the overall cost of ownership.
Potential for Required Updates: Built in 1981, the property likely requires modern updates and personalization to meet contemporary tastes, representing an additional investment for the buyer.
Browse Properties by State Browse housing market trends by state