
Palm Desert, California 92260
This Income-Generating Condominium offers a stable entry into the Palm Desert market with a List Price of $330,000, matching its $330,000 Fair Market Value. The property maintains a Condition Rating of 4, featuring original 1984 finishes that present a clear path for value-add appreciation through cosmetic modernization. Located in the gated Mountain View Falls community, the home boasts a rare 3-bedroom floor plan, 2-car detached garage, and mountain views. With tenants in place and access to James Earl Carter Elementary (Rating 8) and Palm Desert High (Rating 7), this asset is ideal for Buy-and-Hold Investors or Owner-Occupants.
Property is moderate renovation needed.
Built in 1984, the property is well-maintained but significantly outdated. The kitchen features older white appliances, oak-style cabinetry, and fluorescent box lighting, while the bathrooms show original-style vanities and fixtures. While move-in ready for tenants, the home lacks recent renovations and reflects the styles of its original construction era.
With tenants already in place, this property offers a turnkey opportunity for investors to secure immediate long-term rental income in a desirable Palm Desert location.
Situated within the gated Mountain View Falls community, the property provides access to premium amenities including a pool, spa, and tennis courts, enhancing its lifestyle appeal.
The home features a rare combination of a three-bedroom floor plan, a private two-car detached garage, and a large backyard, offering more privacy and utility than typical condominiums.
The presence of existing tenants may deter buyers looking for a primary residence who require immediate possession, potentially complicating traditional move-in timelines.
Built in 1984 and currently utilized as a rental, the property may require cosmetic updates or capital improvements to compete with newer or fully renovated units in the area.
Partially Furnished 3bd/2ba home situated in the gated community of Mountain View Falls. Two larger bedrooms are located upstairs with shared Jack-and-Jill bathroom, private sinks and balcony access from one of the bedrooms. Large backyard space leading to a 2-car detached garage. Amenities including pool/spa, tennis courts, and more. Centrally located close to shopping, dining, parks, schools/ colleges and restaurants. Tenants in place- long term rental income opportunities or future primary residence.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,288 | 1,548 | 26% |
| Lot Size | 2,178 | 2,408 | 48% |
| Price | $330.0K | $502.5K | 10% |
| Price per sq ft | $256 | $335 | 8% |
| Built year | 1984 | 1979 | 86% |
| HOA | $430.0 | $760 | 8% |
| Days on market | 171 | 164 | 56% |
Dec 19, 2025
$330,000
$335,000
-1% Price Drop
Initial Listing
Nov 3, 2025
$335,000
Initial Listing