751 N Los Felices Circle W 109, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
751 N Los Felices Circle W 109
Palm Springs, California 92262
Property Price
SUMMARY
Analysis of 751 N Los Felices Circle W 109, Palm Springs, California 92262 is currently available with a list price of $197,500. 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.
The property is well-maintained and features a brand-new AC system, but the interior finishes are dated. The kitchen features older white appliances and cabinetry, and the overall aesthetic reflects the 1982 construction with no evidence of a recent comprehensive renovation. It is functional and tenant-occupied but requires cosmetic updates to meet modern 'excellent' or 'good' standards.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is currently tenant-occupied at $1,400 per month with a one-year lease in place, offering an immediate turnkey opportunity for investors seeking consistent cash flow.
- New HVAC System
A brand-new AC system has been recently installed, providing significant value and reducing the risk of high-cost maintenance issues in the demanding Palm Springs climate.
- Resort-Style Amenities
Located in a secure gated community, the property offers access to premium amenities including multiple pools, spas, and tennis courts, enhancing its desirability for tenants.
CONSRISKS & DEFICIENCIES
- High HOA Fees
The monthly association fee of $515 is relatively high compared to the unit's square footage and price point, which may compress the net cap rate for investors.
- Limited Living Space
At just 589 square feet, the compact size of this one-bedroom unit may limit its appeal to owner-occupants or long-term tenants with significant furniture or storage needs.
About 751 N Los Felices Circle W 109
Investment opportunity. Lower level 1 bedroom / 1 bath condo located in a secure gated community just minutes from the vibrant downtown strip. Enjoy resort-style amenities including sparkling community pools, relaxing spas, and tennis courts. This well-maintained unit features a brand-new AC system and comes equipped with a refrigerator, oven, stove, and microwave. Tenant is paying $1,400 monthly. 1 year lease. Seller is motivated, and would consider any reasonable offer.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 698 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $515.0 / Month
Neighborhood Insights
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 | 589 | 1,051 | 24% |
| Lot Size | 698 | 576.5 | 55% |
| Price | $197.5K | $330.0K | 18% |
| Price per sq ft | $335 | $341 | 48% |
| Built year | 1982 | 1982 | 50% |
| HOA | $515.0 | $532 | 48% |
| Days on market | 17 | 173 | 1% |
Pricing History
Listed for Sale
Feb 18, 2026
$197,500
Initial Listing