
Palm Springs, California 92262
This Probate Condominium is a High-Potential Investment Opportunity listed at $139,000, aligning with its $139,000 Fair Market Value. The price reflects a stable valuation following a $61,000 reduction from the original ask, offering a fast-track closing process with no court hearing required. The unit holds a Fair Condition Rating and features a Mountain View, Pool, and Deck. Located near Vista Del Monte Elementary in the Palm Springs Unified district, this Value-Add Asset is a prime candidate for renovation. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 470 N Villa Court 205 Subject | $139,000* List Price | 1 | 1 | 589 | $236 | - |
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 | 0.3 mi |
C 2875 N Los Felices Road 217 Sold | $135,000 | 1 | 1 | 589 | $229 | 0.2 mi |
D 2809 N Los Felices Circle 205 Sold | $140,000 | 1 | 1 | 589 | $238 | 0.2 mi |
E 2820 N Arcadia Court B102 Sold | $159,000 | 1 | 1 | 589 | $270 | 0.2 mi |
F 2821 N Los Felices Circle W 114 Sold | $175,000 | 1 | 1 | 589 | $297 | 0.2 mi |
G 510 N Villa 200 Active | $145,000 List Price | 1 | 1 | 589 | $246 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
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 It meets the 'fair' criteria as it is over 20 years old with no recent major renovations, featuring functional but outdated kitchen and bathroom components that are ready for a refresh.
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.
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.
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.
The unit is in livable condition but features a slightly dated interior, necessitating additional capital investment for modern upgrades and cosmetic refreshments.
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.
PENDING...IN ESCROW...NO SHOWINGS...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.....
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 | 36% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 589 | 1,122.5 | 18% |
| Lot Size | - | 436 | 46% |
| Price | $139.0K | $359.8K | 2% |
| Price per sq ft | $236 | $345 | 7% |
| Built year | 1981 | 1982 | 50% |
| HOA | $550.0 | $550 | 50% |
| Days on market | 561 | 182 | 0% |
Oct 30, 2025
$139,000
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-3% Price Drop
Initial Listing
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