
Palm Springs, California 92262
This Entry-Level Investment Asset is listed at $160,000, offering a rare entry point into the North End market relative to its $146,042 Fair Market Value. The property currently holds a Functional 1981 Condition Rating, presenting a clear opportunity for forced appreciation through cosmetic modernization of the kitchen and bath. Residents benefit from Scenic Mountain Views, a Community Pool, and a Private Patio within the Palm Springs Unified district. This Value-Add acquisition is a strategic choice for Buy-and-Hold Investors or first-time buyers seeking a desert retreat with high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 N Villa Court 107 Subject | $160,000* List Price | 1 | 1 | 589 | $248 | - |
A 420 N Villa Court 103 Sold | $162,000 | 1 | 1 | 589 | $275 | 0.0 mi |
B 685 N Ashurst Court H 215 Sold | $145,000 | 1 | 1 | 589 | $246 | 0.4 mi |
C 2875 N Los Felices Road 217 Sold | $135,000 | 1 | 1 | 589 | $229 | 0.3 mi |
D 2821 N Los Felices Circle W 114 Sold | $175,000 | 1 | 1 | 589 | $297 | 0.2 mi |
E 2809 N Los Felices Circle 205 Sold | $140,000 | 1 | 1 | 589 | $238 | 0.2 mi |
F 2820 N Arcadia Court B102 Sold | $159,000 | 1 | 1 | 589 | $270 | 0.2 mi |
G 470 N Villa Court 107 Active | $165,000 List Price | 1 | 1 | 589 | $280 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is well-maintained and move-in ready but lacks modern updates. The kitchen features dated white appliances, older cabinetry, and basic tile, while the bathroom fixtures and overall aesthetic reflect the original construction period. It shows typical signs of age without significant recent renovations, fitting the criteria for a functional but outdated home.
Priced at $160,000, 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.
Situated in the desirable North End of Palm Springs, the condo provides convenient access to the city's vibrant downtown core, renowned dining, and cultural attractions.
The property features quintessential desert views, providing a serene backdrop that enhances the aesthetic appeal and captures the true essence of Coachella Valley living.
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 association fee of $550 per month is relatively high in proportion to the purchase price and square footage, which may impact the overall return on investment and monthly affordability.
With only 589 square feet of living area, the compact footprint may be a drawback for buyers seeking more spacious accommodations or significant storage capacity.
Exceptional opportunity in Palm Springs. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.7 mi
Grades K-5 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 35% |
| Baths | 1.0 | 2.0 | 34% |
| Square foot | 589 | 1,122.5 | 17% |
| Lot Size | 436 | 436 | 50% |
| Price | $160.0K | $360.0K | 6% |
| Price per sq ft | $272 | $345 | 18% |
| Built year | 1981 | 1981 | 50% |
| HOA | $550.0 | $550 | 50% |
| Days on market | 37 | 182 | 1% |
Mar 17, 2026
$160,000
Initial Listing
May 1, 2018
$80,000
Public Record
Oct 29, 2007
$95,000
Public Record
Mar 14, 2002
$4,000
Public Record