
Palm Desert, California 92211
This Value-Add Condominium represents a low-barrier entry into the Palm Desert market with a List Price of $195,000, offering a stable entry point near its $177,354 Fair Market Value. With a Condition Rating of 4, the 1963-built structure requires modernization, offering a clear opportunity for forced appreciation through interior updates. The asset features desirable Mountain Views and proximity to the 8/10 rated Gerald R. Ford Elementary, ensuring consistent long-term demand. This acquisition is a calculated play for Buy-and-Hold Investors or first-time buyers looking to build equity in a stable subdivision.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 77912 Michigan Drive A6a Subject | $195,000* List Price | 1 | 1 | 825 | $215 | - |
A 40880 Whirling Wind Drive A Sold | $245,000 | 2 | 2 | 925 | $265 | 0.8 mi |
B 40855 Sandy Gale A Sold | $240,000 | 2 | 2 | 925 | $259 | 0.8 mi |
C 40970 Breezy Pass Road A Sold | $237,000 | 2 | 2 | 925 | $256 | 0.7 mi |
D 77805 California Drive A2 Active | $229,000 List Price | 1 | 1 | 750 | $305 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The condominium was built in 1963, making it over 60 years old. While the exterior appears to be maintained, there are no interior images provided to assess the condition of the kitchen, bathrooms, flooring, appliances, or other critical interior components. Given its age, it's highly probable that the interior systems and finishes are outdated and would require minor to moderate updates or renovations to meet current standards and preferences, as suggested by the property analysis. It is likely functional but shows clear signs of age.
Listed at $195,000, this condominium offers an attractive and accessible entry point into the desirable Palm Desert real estate market.
Strategically located near essential shopping, quality schools, and diverse dining options, enhancing daily convenience and lifestyle.
The property boasts desirable mountain views, adding aesthetic appeal and value to the living experience.
Built in 1963, the condominium is an older property, which may necessitate updates to systems or finishes to meet modern standards and preferences.
With 1 bedroom, 1 bathroom, and 825 sqft, the unit offers limited living space, potentially restricting its appeal to a narrower buyer demographic.
The monthly association fee of $214 adds to the recurring cost of ownership, which buyers must factor into their budget.
Nice Condominium located near shopping, schools, restaurants! For info please call(760)567-1882
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 3% |
| Baths | 1.0 | 2.0 | 1% |
| Square foot | 825 | 1,580.5 | 1% |
| Lot Size | 69,260 | 2,614 | 99% |
| Price | $195.0K | $470.0K | 0% |
| Price per sq ft | $236 | $318 | 5% |
| Built year | 1963 | 1987 | 0% |
| HOA | $214.0 | $845 | 1% |
| Days on market | 97 | 162 | 24% |
Jan 16, 2026
$195,000
Initial Listing
Apr 15, 2016
$90,000
Public Record
Apr 15, 2009
$65,000
Public Record
Sep 6, 2005
$170,000
Public Record
Feb 20, 2004
$92,000
Public Record