
Palm Springs, California 92262
This High-Potential Investment Opportunity is listed at $175,000, positioned above the $157,926 Fair Market Value. While priced slightly above market, the property offers a turnkey furnished status and fee simple land ownership, making it a stable Buy-and-Hold Investor asset. With a Condition Rating of 4, the unit features an end-unit layout with extra natural light and a private deck. Located near the Palm Springs Aerial Tram, this is an ideal acquisition for vacation rental operators seeking a low-maintenance, income-generating property in a prime tourist corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 510 N Villa Court 200 Subject | $175,000* List Price | 1 | 1 | 589 | $264 | - |
A 470 N Villa Court 205 Sold | $130,000 | 1 | 1 | 589 | $221 | 0.0 mi |
B 470 N Villa Court 107 Sold | $158,000 | 1 | 1 | 589 | $268 | 0.0 mi |
C 420 N Villa Court 107 Sold | $155,000 | 1 | 1 | 589 | $263 | 0.1 mi |
D 2809 E Los Felices Circle E 207 Sold | $145,000 | 1 | 1 | 589 | $246 | 0.2 mi |
E 510 N Villa 200 Sold | $125,000 | 1 | 1 | 589 | $212 | 0.0 mi |
F 675 N Los Felices Circle 110 Sold | $167,000 | 1 | 1 | 589 | $284 | 0.3 mi |
G 685 N Ashurst Court H 215 Sold | $145,000 | 1 | 1 | 589 | $246 | 0.3 mi |
H 420 N Villa Court 208 Active | $165,000 List Price | 1 | 1 | 589 | $280 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property is dated and features original-style elements like popcorn ceilings and laminate countertops. While the 'turnkey' status and freshly painted cabinets indicate good maintenance, the kitchen and bathroom lack the comprehensive renovations (15-30 year range) required to move beyond a fair rating.
Positioned at the rear of the complex away from street traffic, this end unit features an additional window in the dining area, providing superior natural light and a quieter living environment compared to interior units.
Offered turnkey furnished with fee simple land ownership and relatively low HOA fees, this property is perfectly positioned for immediate use as a vacation rental, investment, or secondary residence.
The property boasts a highly desirable location just minutes from downtown Palm Springs and the Aerial Tram, offering convenient access to Highway 111 and the I-10 freeway.
At only 589 square feet, the compact interior may feel restrictive for buyers looking for a more spacious primary residence or long-term living arrangement.
Despite the desirable Palm Springs location, the listing indicates no specific views, which may be a disadvantage for buyers seeking the iconic mountain vistas typical of the area.
This end unit one bedroom, one bathroom condo exudes the Palm Springs vibe! It is perfectly located in the rear of the complex away from street traffic and surrounded by both palm and olive trees. Freshly painted kitchen cabinets. Because this is an end unit there is an extra window providing more light to the dining area. Unwind on the private deck. This property has an ideal location just minutes from downtown Palm Springs and the iconic Palm Springs Arial Tram. Easy access to Rte. 111 and the I - 10 freeway. Perfect as a weekend getaway, a primary residence, or a lucrative investment property. With low HOA fees and fee simple land ownership, this home is perfect for either an immediate income investment or as your private residence. In these tough economic times get a bargain on a first home or vacation home. You will never see low prices like this again! Offered turnkey furnished.
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 |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 589 | 1,199 |
| Lot Size | 624 | 1,742 |
| Price | $175.0K | $445.8K |
| Price per sq ft | $297 | $351 |
| Built year | 1981 | 1980 |
| HOA | $550.0 | $587 |
| Days on market | 42 | 67 |
Jun 10, 2026
$175,000
Initial Listing
Sep 10, 2018
$98,500
Public Record
Sep 11, 2006
$53,454
Public Record