3155 E Ramon 601, Palm Springs, California 92264, Palm Springs, 92264 - 3 bed, 2 bath
3155 E Ramon 601
Palm Springs, California 92264
Property Price
SUMMARY
Analysis of 3155 E Ramon 601, Palm Springs, California 92264 is currently available with a list price of $339,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Built in 1979, this property is in mostly original or dated condition with some minor surface updates. While the flooring has been upgraded to a wood-look laminate, the kitchen features older white cabinetry, laminate countertops, and a mix of dated black and white appliances. The bathrooms retain older vanities and gold-trimmed shower doors typical of the era. The presence of popcorn ceilings and older light fixtures further indicates that while the home is functional and maintained, it requires cosmetic modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Pricing
Priced aggressively at $344,900 following multiple reductions, this property offers exceptional value for a three-bedroom residence in the Palm Springs market.
- Fee Simple Land
The property is located on land you own with no land lease, a significant advantage in Palm Springs that simplifies financing and enhances long-term investment security.
- Spacious Corner Layout
As a downstairs corner unit with 1,339 square feet, the home provides extra privacy, an open floor plan, and more natural light than standard interior units.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1979 and marketed with 'best price' urgency, the interior may require capital improvements or cosmetic updates to compete with fully renovated units in the area.
- Noise Proximity
The central location near the Palm Springs International Airport and Ramon Road may result in audible aircraft and traffic noise, which could impact tranquility.
- Market Stagnation
A history of six consecutive price drops since the original listing suggests the property has struggled to gain traction, potentially affecting future resale perception.
About 3155 E Ramon 601
BEST PRICE!! PRICED TO SELL!! Great location! In the area of Little Beverly Hills of Palm Springs! No Land Lease!! Downstairs corner unit with view of the pool and the mountains. Open floor plan living area, with 3 BEDROOMS! 2 full bathrooms!! Located in the desirable community of The Palms. Two private large patios, one in the front with a view of the pool, and one in the back with a view of the mountains and tennis courts. All 3 bedroom have sliding door with access to outside. The main bedroom has two closets, one is a large walk-in closet, the second closet has a sliding mirror door. Designated cover parking space. Inviting pools and spas with public bbq grills. Recently surfaced tennis courts with converted pickle ball courts. Centrally located near the Palm Springs airport and just about 5 minute drive from downtown Palm Springs. This is a perfect place to make this your permanent or part-time home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $510.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 1.5 mi
Raymond Cree Middle School
Grades 6-8 • 2.5 mi
Palm Springs High School
Grades 9-12 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 72% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,339 | 1,325 | 52% |
| Lot Size | - | 1,148 | 38% |
| Price | $339.9K | $450.0K | 19% |
| Price per sq ft | $254 | $328 | 11% |
| Built year | 1979 | 1977 | 60% |
| HOA | $510.0 | $624 | 26% |
| Days on market | 141 | 163 | 38% |
Pricing History
Listed for Sale
Feb 28, 2026
$339,900
$344,900
-1% Price Drop
Initial Listing
Price Change
Feb 6, 2026
$344,900
$349,900
-1% Price Drop
Initial Listing
Price Change
Jan 10, 2026
$349,900
$354,900
-1% Price Drop
Initial Listing
Price Change
Nov 26, 2025
$354,900
$359,900
-1% Price Drop
Initial Listing
Price Change
Nov 10, 2025
$359,900
$369,900
-3% Price Drop
Initial Listing
Price Change
Oct 26, 2025
$369,900
$399,000
-7% Price Drop
Initial Listing
Price Change
Oct 17, 2025
$399,000
Initial Listing