815 E Arenas Road, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

815 E Arenas Road, Palm Springs, California 92262 home-pic-0
ACTIVE$470,000
815 E Arenas Road, Palm Springs, California 92262
2Beds
2Baths
1,176Sqft
1,034Lot
Year Built
1979
Close
-
List price
$470K
Original List price
$525K
Price/Sqft
$400
HOA
$486
Days on market
-
Sold On
-
MLS number
219122055PS
Home ConditionFair
Features
Good View: Pool
Patio
ViewPool

About this home

We found 3 Cons,5 Pros. Rank: price - $470.0K(69th), sqft - 1176(63th), beds - 2(50th), baths - 2(50th).

Location, Location, Location. Casitas Arenas is a lovely community of 42 units on 4.2 acres on FEE land in Palm Springs, where seldom is a unit for sale. This magical little oasis is the perfect community for your new home, winter get away or an investment rental property. The condo is only 2.5 blocks to downtown with its restaurants, shopping & entertainment. Wonderful mountain views, grass lawns, fruit trees and bougainvillea can be found throughout the community. The condo is ideally located within the community adjacent to the pool and spa. This 2 Br 2 BA high ceilings condo is just waiting for your personal decorative touches. The master on-suite bedroom has direct access to the private walled patio. There is a dedicated evaporative cooler in the master bedroom providing an economical alternative to air-conditioning. The guest bedroom has been remodeled including painting and new wall to wall carpeting. The master bathroom has been remodeled and includes a walk-in shower. The second full bath is located adjacent to the guest bedroom. The two bedrooms are on opposite sides of the condo providing maximum privacy. An in-condo laundry room adjacent to the kitchen provides a convenient place to do laundry and cabinetry for additional storage. Your dedicated covered parking stall #45 is just a short walk from your vehicle to the front door. Rentals are allowed with 30-day minimum.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.9mi
4/10
Raymond Cree Middle School
Public,6-81.6mi
4/10
Desert Learning Academy
Public,K-121.1mi
6/10
Palm Springs High School
Public,9-121.2mi
Condition Rating
Fair

Built in 1979, this property is 45 years old. While the master bathroom has been partially remodeled with a walk-in shower and the guest bedroom has new carpet, the kitchen remains significantly dated with original-style dark wood cabinets, white laminate countertops, and older white appliances. The main living areas feature dated carpeting, mirrored walls, and older light fixtures, aligning with the description that the condo 'is just waiting for your personal decorative touches.' A major functional drawback is the reliance on an evaporative cooler in the master bedroom, lacking central air conditioning for the entire unit. The property is functional and maintained but requires substantial cosmetic updates to meet current aesthetic and comfort standards.
Pros & Cons

Pros

Exceptional Downtown Proximity: Located just 2.5 blocks from downtown Palm Springs, offering convenient access to restaurants, shopping, and entertainment.
FEE Land Ownership: Situated on desirable FEE land, providing outright ownership without the complexities and costs associated with leasehold properties common in the area.
Prime Community Location & Amenities: Ideally positioned within the community adjacent to the pool and spa, and surrounded by beautiful landscaping, mountain views, and mature plantings.
Versatile Use & Rental Potential: Suitable for a primary residence, winter getaway, or investment property, with flexible 30-day minimum rental allowances.
Functional Layout & Partial Modernization: Features a private split-bedroom floor plan, in-unit laundry, covered parking, and recent remodels in the master and guest bathrooms.

Cons

Limited Cooling System: The property primarily relies on an evaporative cooler in the master bedroom, lacking central air conditioning which is crucial for Palm Springs' extreme heat.
Dated Interior Requiring Updates: The description indicates the condo 'is just waiting for your personal decorative touches,' suggesting significant cosmetic updates are needed in main living areas beyond the mentioned remodels.
High Monthly HOA Fees: A monthly association fee of $486 is a notable ongoing cost that buyers must factor into their budget.

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