
Palm Springs, California 92262
This High-Potential Investment Opportunity is listed at a List Price of $334,900, which aligns with its $334,900 Fair Market Value, reflecting a stable, fair-market entry point. Featuring a Condition Rating of 4, the unit offers significant value-add potential through cosmetic modernization of the original cabinetry and flooring. With recent capital improvements including a 2018 HVAC and 2020 double-pane windows, the property provides immediate energy efficiency. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a resort-style lifestyle with panoramic mountain views and rental flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 325 E Via Escuela 322 Subject | $334,900* List Price | 2 | 2 | 1,034 | $324 | - |
A 453 E Via Escuela 522 Sold | $330,000 | 2 | 2 | 854 | $386 | 0.1 mi |
B 3081 Sunflower Circle W Sold | $270,000 | 2 | 2 | 1,068 | $253 | 0.9 mi |
C 2023 N Via Miraleste Unit # 1018 1018 Sold | $300,000 | 2 | 2 | 1,183 | $254 | 0.1 mi |
D 2501 N Indian Canyon Drive 631 Sold | $350,000 | 1 | 2 | 1,083 | $323 | 0.4 mi |
E 325 E Via Escuela 324 Sold | $305,000 | 1 | 1 | 854 | $357 | 0.0 mi |
F 1725 N Via Miraleste 2124 Sold | $255,000 | 1 | 1 | 854 | $299 | 0.2 mi |
G 1391 Sunflower Circle S Sold | $285,000 | 2 | 1 | 837 | $341 | 0.9 mi |
H 291 E Mel Avenue 362 Sold | $370,000 | 2 | 2 | 902 | $410 | 0.5 mi |
I 353 E Via Escuela 213 Active | $245,000 List Price | 1 | 1 | 854 | $287 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, the property is dated with a kitchen and flooring that appear to be over 20 years old. While the HVAC (2018) and windows (2020) are excellent recent upgrades, the interior aesthetics and original-style cabinetry require modernization to be considered move-in ready by modern standards.
The property features stunning, unobstructed mountain views from an expansive private balcony, providing the quintessential Palm Springs aesthetic that commands high buyer interest.
With a new HVAC system installed in 2018 and double-pane windows added in 2020, the unit offers improved energy efficiency and reduced immediate maintenance costs for the next owner.
Riviera Gardens offers a high-end lifestyle with four pools and spas set amidst lush landscaping, all located just minutes from the vibrant shopping and dining on Palm Canyon Drive.
The monthly association fee of $615 is relatively high for this price point, which may impact the overall affordability and debt-to-income ratios for prospective buyers.
Having spent 77 days on the market with two consecutive price reductions, the property is experiencing some market resistance, suggesting the initial pricing was not aligned with current demand.
STUNNING MOUNTAIN VIEWS! This spacious 2 bedroom, 2 bath, second-floor condo in Riviera Gardens has it all, and the million-dollar views are just the beginning. Formal entry, stylish kitchen w/ breakfast bar, large living room that's perfect for entertaining, expansive private balcony, spacious guest bedroom, grand primary suite, indoor laundry, covered parking... The list goes on and on. And did we mention the VIEWS? Just minutes from Palm Canyon, Riviera Gardens is central to all things Palm Springs. Luscious landscaping, winding paths, and four pools & spas complete the resort-like feel of the community. HVAC installed in 2018. Double-pane windows installed in 2020. Rentals allowed (30 day minimum). See it today!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,034 | 1,199 |
| Lot Size | - | 1,742 |
| Price | $334.9K | $445.8K |
| Price per sq ft | $324 | $351 |
| Built year | 1980 | 1980 |
| HOA | $615.0 | $587 |
| Days on market | 77 | 67 |
Jul 16, 2026
$334,900
$339,900
-1% Price Drop
Initial Listing
Jun 6, 2026
$339,900
$349,900
-3% Price Drop
Initial Listing
May 6, 2026
$349,900
Initial Listing
Mar 10, 2025
$345,000
Public Record
Feb 22, 2012
$121,000
Public Record
Jan 16, 2003
$129,000
Public Record
Jun 2, 2000
$76,000
Public Record