470 S Calle Encilia B2, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
470 S Calle Encilia B2
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 470 S Calle Encilia B2, Palm Springs, California 92262 is currently available with a list price of $245,000. 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 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require minor updates to meet current aesthetic standards, aligning with a property that is aged but maintained with outdated major components.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Location
Situated just blocks from downtown Palm Springs, this condo offers unparalleled access to a vibrant array of shops, dining, and nightlife.
- Resort-Style Community Amenities
The Biarritz community provides beautiful resort-style grounds, sparkling pools, spas, tennis courts, and convenient onsite laundry facilities.
- Strong Investment Potential
With no rental restrictions, this property offers a unique and attractive opportunity for investors seeking short-term vacation rental income or long-term appreciation.
CONSRISKS & DEFICIENCIES
- Compact Interior Size
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.
- Significant Monthly HOA Dues
The $499 monthly association fee is notable for a unit of this size, impacting overall ownership costs and potential net rental income for investors.
- Building Age
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.
About 470 S Calle Encilia B2
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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $499.0 / Month
Neighborhood Insights
Palm Springs Unified Schools
Cahuilla Elementary School
Grades K-5 • 0.6 mi
Raymond Cree Middle School
Grades 6-8 • 2.0 mi
Desert Learning Academy
Grades K-12 • 1.3 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 | 568 | 1,051 | 5% |
| Lot Size | - | 500 | 45% |
| Price | $245.0K | $330.0K | 26% |
| Price per sq ft | $431 | $344 | 78% |
| Built year | 1985 | 1982 | 66% |
| HOA | $499.0 | $532 | 29% |
| Days on market | 36 | 173 | 1% |
Pricing History
Listed for Sale
Jan 30, 2026
$245,000
Initial Listing