
Palm Desert, California 92260
This Turnkey Income Property represents a stabilized South Palm Desert Asset listed at $299,000, closely tracking its $291,458 Fair Market Value. Boasting an Excellent Condition Rating, the interior features a Renovated Granite Kitchen, Stainless Steel Appliances, and Porcelain Tile Flooring. Residents enjoy Stunning Mountain Views and proximity to the 7-rated Palm Desert High School. With a tenant already in place providing immediate cash flow, this low-maintenance condominium is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready desert sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 72714 Willow Street 4 Subject | $299,000* List Price | 2 | 1 | 924 | $315 | - |
A 72644 Raven Road 2 Sold | $252,500 | 2 | 1 | 840 | $301 | 0.2 mi |
B 72666 Bursera Way 4 Sold | $275,000 | 2 | 1 | 924 | $298 | 0.1 mi |
C 72611 Edgehill Drive 2 Sold | $289,500 | 2 | 1 | 840 | $345 | 0.1 mi |
D 72670 Thrush Road 4 Sold | $245,950 | 2 | 1 | 924 | $266 | 0.3 mi |
E 46177 California 74 11 Sold | $349,900 | 2 | 2 | 1,104 | $317 | 0.2 mi |
F 46173 Highway 74 # 5 Sold | $290,000 | 2 | 2 | 1,140 | $254 | 0.2 mi |
G 72682 Thrush Road 1 Active | $315,000 List Price | 2 | 1 | 810 | $389 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation including a fully updated kitchen with granite countertops and stainless steel appliances, a modernized bathroom with custom tile work and a new vanity, brand-new carpet, porcelain tile flooring, and new UV dual-pane windows, meeting the criteria for a recently renovated home with no deferred maintenance.
This turnkey property comes with a tenant already in place, offering investors immediate cash flow and a 'set it and forget it' opportunity in a high-demand rental market.
The unit features high-quality renovations including granite countertops, stainless steel appliances, porcelain tile flooring, and energy-efficient UV dual-pane windows.
Situated in desirable South Palm Desert, the property offers stunning mountain views and is located just minutes from the world-class dining and shopping on El Paseo.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 947.
With only one bathroom for a two-bedroom configuration, the layout may be less appealing to certain tenant profiles or families compared to units with a second bath.
Built in 1971, the aging infrastructure of the complex may lead to future capital improvement assessments despite the modern interior renovations of the individual unit.
Turnkey Income Property in South Palm Desert! Seize this exciting opportunity to own a high-demand rental in the desirable Indian Creek Villas. This upgraded 2-bed, 1-bath upper-level unit comes with a tenant already in place, providing immediate cash flow from day one. The interior boasts modern porcelain tile and brand-new carpet, complemented by a fully renovated kitchen featuring granite countertops, sleek cabinetry, and updated stainless steel appliances. Energy efficiency is built-in with new UV dual-pane windows and window coverings. The bathroom is equally impressive with a custom decorative tiled shower, new vanity, and water-conserving fixtures. Enjoy stunning mountain views from your private vantage point, all while being minutes from El Paseo's world-class dining and shopping. Low-maintenance living at its finest: HOA covers water, trash, grounds, and Earthquake Insurance. This is the ultimate ''set it and forget it'' investment. Act fast--this income generator won't last!
No exterior & parking available.
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 924 | 1,548 | 5% |
| Lot Size | 871 | 2,408 | 24% |
| Price | $299.0K | $502.5K | 7% |
| Price per sq ft | $324 | $335 | 45% |
| Built year | 1971 | 1979 | 14% |
| HOA | $425.0 | $760 | 7% |
| Days on market | 54 | 162 | 4% |
Feb 27, 2026
$299,000
Initial Listing
Jan 12, 2017
$136,500
Public Record
Aug 30, 2012
$72,000
Public Record
Dec 7, 1998
$43,000
Public Record
Oct 31, 1997
$35,000
Public Record