751 N Los Felices 112, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
ACTIVE$185,000
751 N Los Felices 112, Palm Springs, California 92262
1Bed
1Bath
589Sqft
4,356Lot
Year Built
1982
Close
-
List price
$185K
Original List price
$198K
Price/Sqft
$314
HOA
$515
Days on market
-
Sold On
-
MLS number
219127796DA
Home ConditionFair
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $185.0K(15th), sqft - 589(22th), beds - 1(38th), baths - 1(37th).
Price below comps!! 1st floor unit in rear cul-de-sac farthest from the front gate. Freshly painted and partial update with newer flooring and kitchen upgrades. Near pool and tennis courts. Owner may consider financing. Priced to sell, bring offer!
Condition Rating
Fair
Built in 1982, the property has received recent cosmetic updates including fresh paint and newer flooring. The kitchen features painted white cabinets and white appliances, which, while clean and functional, appear dated rather than modern. The bathroom is also basic in style. These 'partial updates' make the property move-in ready but indicate that major components like the kitchen and bathroom styles are outdated, aligning with a 'Fair' condition score.
Pros & Cons
Pros
Competitive Pricing: The property is explicitly marketed as 'priced below comps' and 'priced to sell,' indicating strong value and a motivated seller, further supported by a recent price reduction from $197,500 to $185,000.
Recent Interior Upgrades: Features fresh paint, newer flooring, and kitchen upgrades, offering a move-in ready appeal for key areas.
Desirable Unit Placement: Positioned as a 1st-floor unit in a rear cul-de-sac, farthest from the front gate, suggesting enhanced privacy and reduced traffic noise.
Convenient Amenity Access: Located near the community pool and tennis courts, providing easy access to desirable recreational facilities within the complex.
Flexible Financing Option: The owner's willingness to consider financing can broaden the buyer pool and facilitate a smoother transaction for some purchasers.
Cons
High Monthly Association Fees: The $515.00 monthly association fee is substantial for a unit of this size (589 sqft), potentially impacting affordability and long-term ownership costs.
Compact Living Space: With only 589 square feet, the unit offers limited living space, which may not suit buyers seeking more expansive accommodations.
Building Age & Partial Renovation: Built in 1982, the building is older, and the description notes only 'partial updates,' suggesting that some original components or systems may still be present and could require future attention.