470 S Calle Encilia B2, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
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Palm Springs, California 92262
This Turnkey Short-Term Rental Asset represents a strategic entry into the high-demand Biarritz community, listed at $245,000. The valuation remains competitive within the local market's premium for "no-restriction" rental zones, relative to the $221,653 Fair Market Value. Boasting a Condition Rating of 4, the unit is move-in ready and features Dual Balconies with Pool Views. Its prime location near downtown and Cahuilla Elementary drives significant rental demand. This is an optimal acquisition for Short-Term Rental Investors or Vacation Home Buyers targeting consistent desert ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 470 S Calle Encilia B2 Subject | $245,000* List Price | 1 | 1 | 568 | $390 | - |
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 500 E Amado Road 702 Sold | $289,900 | 1 | 2 | 736 | $394 | 0.8 mi |
E 500 E Amado Road 716 Sold | $295,000 | 1 | 2 | 736 | $401 | 0.8 mi |
F 500 E Amado Road 420 Sold | $292,000 | 1 | 2 | 736 | $397 | 0.8 mi |
G 470 S Calle Encilia B13 Active | $249,000 List Price | 1 | 1 | 568 | $438 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this condo is clean and well-maintained, making it move-in ready. However, the kitchen features dated flat-panel cabinets, laminate countertops, and fluorescent lighting, despite updated stainless steel appliances. The bathroom also shows its age with an older vanity, countertop, and strip lighting. While functional, these areas require minor updates to meet current aesthetic standards, aligning with a property that is aged but maintained with outdated major components.
Situated just blocks from downtown Palm Springs, this condo offers unparalleled access to a vibrant array of shops, dining, and nightlife.
The Biarritz community provides beautiful resort-style grounds, sparkling pools, spas, tennis courts, and convenient onsite laundry facilities.
With no rental restrictions, this property offers a unique and attractive opportunity for investors seeking short-term vacation rental income or long-term appreciation.
At 568 square feet, the 1-bedroom unit offers a relatively compact living space, which may be a consideration for buyers seeking more expansive accommodations.
The $499 monthly association fee is notable for a unit of this size, impacting overall ownership costs and potential net rental income for investors.
Constructed in 1985, the property is nearly 40 years old, which could imply a need for future updates or maintenance to the unit's interior systems or finishes.
Charming and clean, this 1 bedroom 1 bath condo is in a great location in the popular Palm Springs Biarritz community. One of two balconies overlooks the community pool and spas. A dedicated parking spot in the gated community garage is conveniently located near the stairs. Beautiful resort style grounds invite you to relax and enjoy the sparkling pool and tennis courts. Convenient onsite laundry facilities and only blocks from downtown with shops, dining and night life. Offered Turnkey furnished, so it's move-in ready for a full time residence or your vacation get away. No rental restrictions offers you a unique opportunity for an investment property at a very attractive price. Many possibilities...don't miss out!
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 | - | 436 | 46% |
| Price | $245.0K | $360.0K | 23% |
| Price per sq ft | $431 | $347 | 77% |
| Built year | 1985 | 1981 | 71% |
| HOA | $499.0 | $550 | 27% |
| Days on market | 83 | 182 | 14% |
Jan 30, 2026
$245,000
Initial Listing