
Palm Springs, California 92262
This Casa Verde condo represents a High-Potential Investment Opportunity, listed at a List Price of $399,000—positioned well above the $380,170 Fair Market Value by -4%. Featuring a Mint Condition Rating with modern kitchen and bath renovations, this unit offers a turnkey, income-producing Asset with 30+ day rental flexibility. With Panoramic Mountain Views, a Private Balcony, and resort-style amenities, it provides a compelling lifestyle for Buy-and-Hold Investors and Owner-Occupants seeking a central, low-maintenance Palm Springs residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 353 N Hermosa Drive 9c2 Subject | $399,000* List Price | 2 | 2 | 849 | $455 | - |
A 1100 E Amado Road 13c1 Sold | $445,000 | 2 | 2 | 849 | $524 | 0.1 mi |
B 280 South Avenida Caballeros 102 Sold | $353,000 | 2 | 2 | 996 | $354 | 0.6 mi |
C 500 E Amado Road 215 Sold | $290,000 | 1 | 2 | 736 | $394 | 0.4 mi |
D 500 E Amado Road 416 Sold | $330,000 | 1 | 2 | 736 | $448 | 0.4 mi |
E 500 E Amado Road 423 Sold | $335,000 | 1 | 2 | 736 | $455 | 0.4 mi |
F 605 E Amado Road 610 Sold | $405,000 | 2 | 2 | 1,147 | $353 | 0.4 mi |
G 2244 E Tahquitz Canyon #15 Way Sold | $389,000 | 1 | 1 | 763 | $510 | 0.7 mi |
H 222 N Calle El Segundo 576 Sold | $375,000 | 2 | 2 | 1,139 | $329 | 0.5 mi |
I 1150 E Amado Road 17b2 Active | $429,000 List Price | 2 | 2 | 849 | $505 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1984, the interior has undergone a comprehensive modern renovation within the last 5 years. The kitchen features contemporary grey cabinetry, quartz countertops, and stainless steel appliances, while the bathrooms have been fully updated with modern vanities and fixtures. The unit is in mint, move-in-ready condition with no visible maintenance needs.
This is a proven income-producing property with 30+ day rentals permitted and future bookings already in place, offering immediate ROI for savvy investors.
Situated in the heart of Palm Springs, the property is just blocks from the convention center, casino, and downtown's premier dining, shopping, and nightlife.
Featuring the largest floor plan in the community, the unit boasts vaulted ceilings, dual en-suite bedrooms, and premium mountain views that enhance its desirability.
At 849 square feet for a two-bedroom, two-bathroom residence, the interior living space may feel compact for full-time residents or those accustomed to larger layouts.
Built in 1984, the unit and complex infrastructure may require more frequent maintenance or modern cosmetic updates to remain competitive with newer luxury developments.
Located in the heart of Palm Springs, this Casa Verde condo offers a rare opportunity to own a proven income-producing property with 30+ day rentals permitted. Future bookings are already in place and may be honored or canceled at the buyer's discretion, making this an ideal option for those seeking both personal enjoyment and strong rental potential. With the largest floor plan in the community and some of the best mountain views in the complex, the home combines comfort, location, and investment appeal in one attractive package.This residence blends comfort with strong rental appeal. Vaulted ceilings in the living room, dining area, and guest bedroom create an open, airy feel, while the spacious primary suite features a walk-in closet and private balcony ideal for morning coffee or evening sunsets. Both bedrooms offer en suite bathrooms, and a dedicated laundry room adds convenience for owners and guests alike.Casa Verde's gated grounds are surrounded by mature landscaping and resort-style amenities including two pools, two spas, tennis and pickle ball courts, a putting green, and covered parking. Just blocks from the convention center, casino, downtown dining, shopping, entertainment, and nightlife, this central location continues to attract seasonal visitors, long-term renters, and full-time residents alike.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 849 | 1,199 |
| Lot Size | - | 1,742 |
| Price | $399.0K | $445.8K |
| Price per sq ft | $470 | $351 |
| Built year | 1984 | 1980 |
| HOA | $375.0 | $587 |
| Days on market | 82 | 67 |
May 1, 2026
$399,000
Initial Listing