470 N Villa Court 205, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
470 N Villa Court 205
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 470 N Villa Court 205, Palm Springs, California 92262 is currently available with a list price of $139,000. 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.
Built in 1981, the property is described as being in livable condition but with a 'slightly dated' interior. It meets the 'fair' criteria as it is over 20 years old with no recent major renovations, featuring functional but outdated kitchen and bathroom components that are ready for a refresh.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value
Priced at $139,000—more than $60,000 below the original asking price—this property offers significant equity potential and is a rare find for value-driven investors or first-time buyers.
- Prime Palm Springs Location
Located just one block from the Visitors Center and 3.5 miles from downtown’s vibrant shopping and dining district, the condo provides excellent access to the best of the desert lifestyle.
- Streamlined Probate Process
The sale has been updated to a fast-track closing process that no longer requires a court hearing, significantly reducing the typical hurdles and timelines associated with probate transactions.
CONSRISKS & DEFICIENCIES
- Dated Interior Condition
The unit is in livable condition but features a slightly dated interior, necessitating additional capital investment for modern upgrades and cosmetic refreshments.
- High Monthly Carrying Costs
The $550 monthly association fee is relatively high for a 589-square-foot one-bedroom unit, which may impact the overall monthly affordability and net ROI for investors.
About 470 N Villa Court 205
Awesome Price.....Call us for a showing appointment or have your agent show you this great deal....No Blind Offers...The closing process on this transaction has just been updated to fast track a closing...Buyers no longer need a court hearing to approve the sale...Faster Escrow....Great opportunity....This upstairs 1 bed / 1 bath Palm Springs condo is a probate sale offered at a jaw-dropping discount compared to similar units—now more than $60K below its original asking price—making it a rare opportunity for a patient buyer not in a rush to close escrow... Located just one block from the Visitors Center and only 3.5 miles to downtown’s vibrant shopping and dining, the unit is in livable condition with a slightly dated interior, ready for a refresh. Covered parking is conveniently nearby, and the community grounds are well maintained, making this a smart buy for full-time residents, weekend getaways, or seasonal living in a prime location. Make your move before this unbeatable deal...No Blind Offers.....
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $550.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Vista Del Monte Elementary School
Grades K-5 • 0.7 mi
Katherine Finchy Elementary School
Grades K-5 • 1.7 mi
Cahuilla Elementary School
Grades K-5 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 589 | 1,051 | 24% |
| Lot Size | - | 500 | 45% |
| Price | $139.0K | $330.0K | 2% |
| Price per sq ft | $236 | $341 | 6% |
| Built year | 1981 | 1982 | 45% |
| HOA | $550.0 | $532 | 52% |
| Days on market | 513 | 173 | 0% |
Pricing History
Listed for Sale
Oct 30, 2025
$139,000
$144,000
-3% Price Drop
Initial Listing
Price Change
Sep 30, 2025
$144,000
$149,000
-3% Price Drop
Initial Listing
Price Change
Aug 6, 2025
$149,000
Initial Listing
Price Change
Oct 10, 2024
$200,000
Initial Listing