401 El Cielo Road #236, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
401 El Cielo Road #236
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 401 El Cielo Road #236, Palm Springs, California 92262 is currently available with a list price of $335,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
The property is well-maintained and move-in ready, but the interior finishes are significantly dated, reflecting its 1987 construction. The kitchen and bathrooms feature original-style white cabinetry with wood trim, tile countertops, and dated fluorescent light boxes. While the kitchen appliances have been upgraded to stainless steel and a new water heater was installed, the mauve-colored carpeting and overall aesthetic indicate the home has not undergone a comprehensive modern renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Furnished
The property is sold turnkey furnished, providing an immediate move-in option or a ready-to-go rental investment without the need for additional furniture costs.
- Resort-Style Amenities
Located in the La Palme community, residents enjoy access to six pools, six spas, and three lighted tennis courts, offering a high-end lifestyle.
- Scenic Views
The unit boasts impressive views of the mountains and city lights, which are highly sought-after features in the Palm Springs real estate market.
CONSRISKS & DEFICIENCIES
- Building Age
Constructed in 1987, the property may eventually require more intensive maintenance or modernization compared to newer developments in the area.
- Airport Proximity
While the description notes a lack of noise, the close proximity to Palm Springs International Airport may be a concern for noise-sensitive buyers or impact future resale.
- Monthly Carrying Costs
The $475 monthly association fee, while competitive for the amenities provided, represents a significant recurring expense that may affect buyer affordability.
About 401 El Cielo Road #236
Convenient. Gated. Well managed. Well-maintained. A non-smoker's paradise. Without the noise, you're still close to the airport. You cannot go wrong! La Palme has it. A gated community amid all of Palm Springs' offerings, yet far enough away to enjoy a quiet lifestyle. La Palme features six pools and spas, as well as three lighted tennis courts. And this condo comes turnkey furnished. In this lovely home, you'll enjoy the household contents and furnishings. A new water heater has also been installed. This well-maintained unit can make a wonderful second home or a lucrative investment property. Compare costs to the competition and you'll see that the HOA fees are pretty reasonable. Take the time to visit this unit by calling your agent today!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $475.0 / Month
Neighborhood Insights
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 | 1,206 | 1,060 | 63% |
| Lot Size | 1,307 | 576.5 | 71% |
| Price | $335.0K | $331.0K | 51% |
| Price per sq ft | $278 | $341 | 22% |
| Built year | 1987 | 1982 | 82% |
| HOA | $475.0 | $532 | 21% |
| Days on market | 124 | 173 | 23% |
Pricing History
Listed for Sale
Jan 16, 2026
$335,000
$359,000
-7% Price Drop
Initial Listing
Price Change
Nov 3, 2025
$359,000
Initial Listing