470 S Calle Encilia B15, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
Loading property details...
Palm Springs, California 92262
This Turnkey Short-Term Rental Asset is offered at a List Price of $260,000, closely aligned with its $244,958 Fair Market Value. The valuation is supported by a Good Condition Rating, featuring a renovated primary bath and granite kitchen. As a proven income-producer in the gated Biarritz community, the property delivers immediate utility with mountain and pool views from dual balconies. Located blocks from downtown and near Cahuilla Elementary and Palm Springs High School, this move-in-ready condo is a strategic acquisition for Vacation Rental Investors or Second-Home Buyers seeking a stable desert investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 470 S Calle Encilia B15 Subject | $260,000* List Price | 1 | 1 | 568 | $431 | - |
A 471 S Calle El Segundo C3 Sold | $230,000 | 1 | 1 | 568 | $405 | 0.0 mi |
B 467 S Calle El Segundo D24 Sold | $275,000 | 1 | 1 | 568 | $484 | 0.1 mi |
C 467 S Calle El Segundo D5 Sold | $224,000 | 1 | 1 | 568 | $394 | 0.1 mi |
D 280 S Avenida Caballeros 271 Sold | $275,000 | 1 | 1 | 610 | $451 | 0.5 mi |
E 500 E Amado Road 423 Sold | $335,000 | 1 | 2 | 736 | $455 | 0.8 mi |
F 1100 E Amado Road 11a1 Sold | $211,000 | 1 | 1 | 633 | $333 | 0.9 mi |
G 470 S Calle Encilia B13 Active | $262,500 List Price | 1 | 1 | 568 | $462 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1985, this property has undergone significant and tasteful interior renovations, particularly evident in the bathroom which features modern fixtures, a vessel sink, black toilet, and a stylish tiled shower with glass enclosure. The kitchen is also updated with stainless steel appliances, white cabinets, and granite countertops. The wood-look laminate flooring throughout the living areas and bedroom is in good condition. While the building itself is older, the extensive interior updates make it move-in ready with no immediate renovations required, aligning with a 'good' condition score.
This property is a proven successful short-term vacation rental, offered turnkey furnished, making it an immediate income-producing asset with established demand.
Strategically located just blocks from downtown Palm Springs' dining, shopping, and entertainment, ensuring high desirability and consistent rental demand.
Located within the gated Biarritz community, residents and guests benefit from a large swimming pool, two spas, two tennis courts, secured bike storage, and assigned covered parking.
The property is subject to a land lease expiring in 2046, which can impact financing options, long-term appreciation, and introduces future lease renegotiation considerations.
As a 1-bedroom, 1-bath unit with 568 sqft, the property offers limited living space, potentially restricting its appeal to a smaller demographic or short-term renters.
Constructed in 1985, the building is nearly 40 years old, which may lead to increased maintenance costs or the need for future capital improvements for common areas over time.
SUCCESSFUL SHORT TERM VACATION RENTAL just blocks from downtown Palm Springs dining, shopping, and entertainment. Located within the gated Biarritz community, this top floor 1 bedroom, 1 bath residence is offered turnkey furnished and is already proven as an income producing property. Ideal as a short term rental, longer term investment, weekend retreat, or full time residence. Dual balconies deliver a mix of pool and mountain views, adding strong guest appeal and indoor outdoor living. The open living, dining, and kitchen layout with pass through design maximizes usability and rental functionality. The spacious ensuite primary bath has been tastefully updated. Biarritz amenities include a large swimming pool, two spas, two tennis courts, secured bike storage, laundry rooms, and assigned covered parking. Prime location moments from the core of downtown Palm Springs, a consistent driver of rental demand. Low HOA fee supports strong net potential. Land Lease is currently $126.63/mo and expires in 2046.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 2.0 mi
Grades K-12 • 1.3 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 | 568 | 1,122.5 | 4% |
| Lot Size | 871 | 500 | 59% |
| Price | $260.0K | $360.0K | 27% |
| Price per sq ft | $458 | $347 | 84% |
| Built year | 1985 | 1981 | 71% |
| HOA | $499.0 | $550 | 27% |
| Days on market | 101 | 182 | 20% |
Apr 2, 2026
$260,000
$270,000
-4% Price Drop
Initial Listing
Jan 12, 2026
$270,000
Initial Listing