420 N Villa Court 208, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This property presents a Strong Value Opportunity with a List Price of $165,000—positioned well below the $153,878 Fair Market Value by -7%. While the unit requires cosmetic modernization given its Condition Rating of 4, it offers a functional layout with Pool and Mountain Views. Located in North Palm Springs, this asset provides access to resort-style amenities and proximity to the Aerial Tramway. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level desert retreat with significant potential for value-add improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 N Villa Court 208 Subject | $165,000* List Price | 1 | 1 | 589 | $261 | - |
A 420 N Villa Court 107 Sold | $155,000 | 1 | 1 | 589 | $263 | 0.0 mi |
B 470 N Villa Court 205 Sold | $130,000 | 1 | 1 | 589 | $221 | 0.1 mi |
C 2809 E Los Felices Circle E 207 Sold | $145,000 | 1 | 1 | 589 | $246 | 0.3 mi |
D 675 N Los Felices Circle 110 Sold | $167,000 | 1 | 1 | 589 | $284 | 0.4 mi |
E 420 N Villa Court 103 Sold | $162,000 | 1 | 1 | 589 | $275 | 0.0 mi |
F 420 N Villa 207 Sold | $170,000 | 1 | 1 | 589 | $289 | 0.0 mi |
G 470 N Villa Court 107 Sold | $158,000 | 1 | 1 | 589 | $268 | 0.1 mi |
H 510 N Villa 200 Sold | $125,000 | 1 | 1 | 589 | $212 | 0.1 mi |
I 510 N Villa Court 200 Active | $175,000 List Price | 1 | 1 | 589 | $297 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property shows signs of partial updates but remains largely dated. The kitchen features newer stone countertops and tile flooring, but the cabinetry and white appliances are older. While functional and move-in ready, the unit requires cosmetic modernization and minor repairs to meet current market expectations.
Priced at $165,000, this property offers a rare entry-level opportunity into the Palm Springs real estate market, making it highly attractive for first-time buyers or budget-conscious investors.
The condo is ideally situated near downtown Palm Springs, the Aerial Tramway, and major shopping and dining hubs, providing excellent convenience and lifestyle appeal.
Located in Palm Springs Villas I, the unit offers access to well-maintained resort amenities and features a second-floor vantage point with pleasant pool and tree-lined views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 624.
The monthly association fee of $588 is relatively high compared to the listing price, which significantly increases the monthly carrying costs for a small one-bedroom unit.
The description's emphasis on 'potential' and 'ready for vision' suggests the 1981 interior may require additional capital investment for renovations to meet modern standards.
Palm Springs condo for sale in Palm Springs Villas I--this 1-bedroom, 1-bath second-floor condo offers a comfortable interior layout with inviting living spaces and great potential. As you step inside, the home opens into a bright living room that flows into the dining area, creating an easy, functional layout for everyday living or a seasonal desert retreat. The living area has a cozy feel, with room for a sitting area, media setup, and small dining space.The kitchen is conveniently positioned off the main living area and features cabinet storage, counter space, and essential appliance areas, making the floor plan practical and easy to use. The bedroom offers a comfortable private space with natural light, while the bathroom includes a shower/tub setup. This condo offers access to resort-style amenities while still keeping the interior simple, manageable, and ready for the next owner's vision. Whether used as a primary residence, weekend getaway, or investment opportunity, this unit offers a great chance to own in North Palm Springs near dining, shopping, downtown Palm Springs, and the Palm Springs Aerial Tramway.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.6 mi
Grades K-5 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 589 | 1,199 |
| Lot Size | 436 | 1,742 |
| Price | $165.0K | $445.8K |
| Price per sq ft | $280 | $351 |
| Built year | 1981 | 1980 |
| HOA | $588.0 | $587 |
| Days on market | 21 | 67 |
Jul 1, 2026
$165,000
Initial Listing
Sep 2, 2020
$132,000
Public Record
Mar 28, 2012
$40,000
Public Record
Oct 5, 2005
$140,000
Public Record
Aug 15, 2001
$42,500
Public Record