353 N Hermosa Drive 9c2, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
353 N Hermosa Drive 9c2
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 353 N Hermosa Drive 9c2, Palm Springs, California 92262 is currently available with a list price of $430,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Despite being built in 1984, the property has undergone a comprehensive and recent renovation, as indicated by the 'fully updated' description and confirmed by the images. The kitchen features modern grey cabinetry, white quartz countertops, textured tile backsplash, and new stainless steel appliances. Both bathrooms are completely updated with modern vanities, vessel sinks, contemporary tiling (dark grey in primary shower, white subway in secondary), and stylish light fixtures. Flooring consists of new, clean light grey carpet in living areas and bedrooms, and modern grey tile in wet areas. All light fixtures and finishes throughout the home are contemporary and in pristine condition, showing no signs of wear or deferred maintenance. This property is truly move-in ready and meets current quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Rental Income Potential
Permitted 30+ day rentals with existing bookings provide immediate cash flow opportunities, making it an attractive investment.
- Exceptional Location
Situated just blocks from the Palm Springs Convention Center, casino, dining, shopping, and nightlife, offering high desirability and convenience.
- Comprehensive Community Amenities
The gated Casa Verde community boasts two pools, two spas, tennis courts, a putting green, and covered parking, enhancing lifestyle and value.
CONSRISKS & DEFICIENCIES
- Compact Living Space
At 849 sqft, the unit offers relatively small living areas for a two-bedroom, which might limit appeal for some buyer demographics.
- History of Price Reductions
Multiple price drops from the original list price indicate potential challenges in market valuation or buyer interest at previous price points.
- Monthly Association Fees
The $340 monthly HOA fee adds a recurring cost to ownership, which may impact overall affordability or investment returns for some buyers.
About 353 N Hermosa Drive 9c2
Casa Verde -- Stylish, Updated Retreat with Stunning Views & Rental PotentialExperience the perfect blend of comfort, convenience, and cash flow in this fully updated home--move-in ready with no work needed. The primary suite features a walk-in closet and private balcony--ideal for savoring morning coffee or evening sunsets--while both bedrooms offer en suite baths. A dedicated in-unit laundry room adds everyday ease.Enjoy Casa Verde's gated community amenities, including two pools, two spas, tennis courts, a putting green, and covered parking, all surrounded by lush landscaping. Just blocks from the convention center, casino, dining, shopping, and nightlife, the location is as desirable as it is practical.With 30+ day rentals permitted and bookings already in place for next year (honorable or cancelable at the buyer's discretion), this home isn't just a stunning personal retreat--it's a smart, income-producing investment that's truly worth the price.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $340.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Katherine Finchy Elementary School
Grades K-5 • 0.7 mi
Raymond Cree Middle School
Grades 6-8 • 1.2 mi
Palm Springs High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 849 | 1,051 | 39% |
| Lot Size | - | 500 | 45% |
| Price | $430.0K | $331.0K | 65% |
| Price per sq ft | $506 | $344 | 93% |
| Built year | 1984 | 1982 | 64% |
| HOA | $340.0 | $532 | 6% |
| Days on market | 177 | 173 | 54% |
Pricing History
Listed for Sale
Dec 16, 2025
$430,000
$432,850
-1% Price Drop
Initial Listing
Price Change
Dec 4, 2025
$432,850
$435,700
-1% Price Drop
Initial Listing
Price Change
Nov 25, 2025
$435,700
$438,550
-1% Price Drop
Initial Listing
Price Change
Nov 14, 2025
$438,550
$441,400
-1% Price Drop
Initial Listing
Price Change
Nov 5, 2025
$441,400
$444,250
-1% Price Drop
Initial Listing
Price Change
Oct 25, 2025
$444,250
$447,100
-1% Price Drop
Initial Listing
Price Change
Oct 22, 2025
$447,100
$450,000
-1% Price Drop
Initial Listing
Price Change
Sep 11, 2025
$450,000
Initial Listing