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353 N Hermosa Drive 7c1, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

353 N Hermosa Drive 7c1, Palm Springs, California 92262 home-pic-0
ACTIVE$275,000
353 N Hermosa Drive 7c1, Palm Springs, California 92262
1Bed
1Bath
633Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in the vibrant heart of Palm Springs, just minutes from downtown, the convention center, restaurants, shops, and entertainment, offering exceptional convenience.
Top Cons:
Compact Living Space: At 633 sqft, the 1-bedroom unit offers limited living area, which may not suit all buyer preferences or needs for space.

Compared to the nearby listings

Price:$275.0K vs avg $337.0K ($-62,000)34%
Size:633 sqft vs avg 1,068 sqft23%
Price/sqft:$434 vs avg $34879%

More Insights

Built in 1984 (41 years old).
Condition: Despite being built in 1984, this unit has undergone significant upgrades, as evidenced by the 'remodeled kitchen with stainless steel appliances' and 'custom travertine shower floor & porcelain walls' in the bathroom. The images confirm these updates, showing modern stainless steel kitchen appliances, granite countertops, and well-maintained cabinetry. The bathroom features a contemporary vessel sink, updated vanity, and a clean, modern shower enclosure. Tile flooring throughout the unit is consistent and in good condition. The property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Year Built
1984
Close
-
List price
$275K
Original List price
$275K
Price/Sqft
$434
HOA
$340
Days on market
-
Sold On
-
MLS number
PW25200791
Home ConditionGood
Features
Good View: Mountain(s), Pool
Pool
Spa
Patio
ViewMountain(s), Pool

About this home

Welcome to Casa Verde, a private gated condominium community located in the vibrant heart of Palm Springs! This upgraded lower-floor unit offers comfort, style, and unbeatable convenience—just minutes from downtown, the convention center, restaurants, shops, and entertainment. Inside, you'll find tile flooring throughout, a remodeled kitchen with stainless steel appliances, a double sink, and a full-size stacked washer and dryer. The bathroom features a custom travertine shower floor & porcelain walls. The unit is being sold fully furnished, including dinnerware, bedding, and household essentials—just bring your clothes and groceries and start enjoying the Palm Springs lifestyle. Minimum rental period is 30 Days per HOA rules. The community has 2 resort style pools with their own spas, 2 tennis courts and a putting green. 1 assigned covered carport space come with the unit. Casa Verde is right near the convention center and just a few blocks to downtown, restaurants, movie theaters, and all the fun that is Palm Springs. This unit comes fully furnished including dinnerware, bedding. Just bring your clothes and groceries and begin enjoying your new life, or future vacation home. LOW HOA!!

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•1.2mi
6/10
Palm Springs High School
Public,•9-12•1.0mi
4/10
Desert Learning Academy
Public,•K-12•1.1mi
Condition Rating
Good
Despite being built in 1984, this unit has undergone significant upgrades, as evidenced by the 'remodeled kitchen with stainless steel appliances' and 'custom travertine shower floor & porcelain walls' in the bathroom. The images confirm these updates, showing modern stainless steel kitchen appliances, granite countertops, and well-maintained cabinetry. The bathroom features a contemporary vessel sink, updated vanity, and a clean, modern shower enclosure. Tile flooring throughout the unit is consistent and in good condition. The property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Prime Downtown Location: Situated in the vibrant heart of Palm Springs, just minutes from downtown, the convention center, restaurants, shops, and entertainment, offering exceptional convenience.
Turnkey & Fully Furnished: The unit is sold completely furnished, including dinnerware, bedding, and household essentials, allowing for immediate move-in or rental without additional setup costs.
Extensive Community Amenities: The private gated community offers two resort-style pools with spas, two tennis courts, and a putting green, enhancing lifestyle and appeal.
Modern Interior Upgrades: The unit features tile flooring throughout, a remodeled kitchen with stainless steel appliances, and a custom travertine/porcelain bathroom, providing a contemporary living space.
Rental Income Potential: With a 30-day minimum rental period allowed by the HOA, combined with its prime location and turnkey status, the property is well-suited for generating consistent rental income.

Cons

Compact Living Space: At 633 sqft, the 1-bedroom unit offers limited living area, which may not suit all buyer preferences or needs for space.
HOA Rental Period Restriction: The 30-day minimum rental period imposed by the HOA restricts shorter-term vacation rentals, potentially limiting income flexibility for investors seeking daily or weekly rentals.
Building Age: Constructed in 1984, the condominium building is 40 years old, which could imply older common area infrastructure or potential for future maintenance needs, despite unit upgrades.

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