74380 El Camino 30, Palm Desert, California 92260, Palm Desert, 92260 - 1 bed, 1 bath
ACTIVE$220,000
74380 El Camino 30, Palm Desert, California 92260
1Bed
1Bath
600Sqft
0.14Lot
Year Built
1963
Close
-
List price
$220K
Original List price
$250K
Price/Sqft
$367
HOA
$510
Days on market
-
Sold On
-
MLS number
219126923DA
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
ViewMountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $220.0K(2th), sqft - 600(2th), beds - 1(4th), baths - 1(8th).
This beautifully renovated condo is the perfect desert getaway! Ideally situated near shopping, dining, golf courses, and El Paseo, this move-in-ready home is being sold fully furnished--just bring your suitcase! Enjoy new electrical updates, a private patio, and access to amazing pools. With a new refrigerator and microwave, this condo is perfect for seasonal residents and investors alike. Plus, it's STR-friendly and currently active, offering immediate income potential. Seller is motivated--don't miss this opportunity!
Condition Rating
Good
Despite being built in 1963, the condo has undergone a significant renovation, as stated in the description ('beautifully renovated condo,' 'new electrical updates'). The kitchen features new stainless steel appliances (refrigerator, microwave) and updated cabinets, though the electric range appears older. Modern laminate flooring is present throughout the main living areas, and a contemporary mini-split AC system is visible. While the bathroom's full condition isn't clearly shown, a glimpse suggests older tile. The property is move-in ready and well-maintained, fitting the 'Good' category for its recent updates and functional systems, even if not every component is brand new or high-end.
Pros & Cons
Pros
Renovated & Turnkey: This condo is beautifully renovated, move-in-ready, and sold fully furnished, including new electrical updates and appliances, offering an immediate desert getaway.
Prime Location: Ideally situated near popular attractions such as shopping, dining, golf courses, and the upscale El Paseo, enhancing its appeal for residents and renters.
Strong Investment Opportunity: The property is Short-Term Rental (STR) friendly and currently active, providing immediate income potential for investors and seasonal residents.
Community Amenities & Views: Residents have access to amazing pools and a private patio, complemented by desirable mountain views.
Motivated Seller & Price Adjustment: A significant price reduction from the original listing indicates a motivated seller, potentially offering a favorable acquisition opportunity.
Cons
Compact Living Space: With only 600 sqft, 1 bedroom, and 1 bathroom, the unit offers limited living space, which may not suit all buyer preferences.
High Association Fees: The monthly association fee of $510 is relatively high for a unit of this size, impacting the overall cost of ownership.
Age of Building: Built in 1963, the building is over 60 years old. While the unit is renovated, the age of the overall complex could imply potential for future common area assessments or maintenance challenges.