$165,000
Overview
INVESTMENT OPPORTUNITY IN PALM SPRINGS! An affordable entry point into the Palm Springs market with an established tenant already in place. Located in Palm Springs Villas I, this second-floor 1-bedroom, 1-bath condo is occupied with a reliable renter and is currently generating income on a month-to-month tenancy. The residence offers a functional floor plan with living and dining areas, kitchen, private bedroom and full bath. A standout feature is the incredible Palm Springs mountain and desert views from the patio, providing a uniquely desert backdrop. The property is being offered in its current condition with a new central air conditioning unit, still under warranty, creating a care-free opportunity for an investor seeking immediate rental income with the potential to improve and reposition the property in the future. Palm Springs Villas I offers multiple pools and spas, tennis courts, BBQ areas, landscaped grounds and community laundry. The community is conveniently located near the Palm Springs Aerial Tramway, hiking, shopping, restaurants and entertainment, with downtown Palm Springs just minutes away. And an important Palm Springs benefit: FEE LAND you own the land. Whether you're looking to add a Palm Springs property to your investment portfolio or purchase at an approachable price point with future potential, this is an opportunity worth considering.
MLS #
26993115PS
Listed on
2026-11-01
Status
Active
Price
$165,000
Type
Residential
Size of home
589
Beds / Baths
1 / 1.00
Size of lot
624
Community
Location address
470 Villa Ct #209
Palm Springs 92262
Palm Springs 92262
General Information
School District
Palm Springs Unified
Original List Price
$165,000
Price Per Sq/Ft
$280
Furnished
Yes
Floor #
2
HOA Fee
$550
Land Type
Fee
Land Lease Expires
N/A
Association Amenities
Assoc Maintains Landscape, Assoc Pet Rules, Tennis Courts, Pool, Spa
Pool
Yes
Pool Description
Heated, Community
Spa
Yes
Spa Description
Community, Heated
Year Built
1981
Interior Features
Common Walls
Flooring
Carpet, Tile
Appliances
Oven-Electric, Microwave
Patio Features
Covered Porch, Porch - Front
Laundry
In Unit
Fireplace
No
Heating Type
Central
Cooling Type
Central
Parking Spaces
1
Parking Type
Carport Detached, Parking for Guests - Onsite
Disability Access
None
Management Name
Desert Management
Management Phone
7603254257|
Courtesy of:
Scott Ward /
Bennion Deville Homes
Previous Sales Data For This Property
| Sold Date | Address | List Date | List Price | List $ / Sq Ft | Beds / Baths | Days on Market | Sold Price | Sold $ / Sq Ft | |
|---|---|---|---|---|---|---|---|---|---|
| 2020-06-05 |
|
470 Villa CT #209 | 2020-01-14 | $111,000 | $188 | 1 / 1.00 | 143 | $105,000 | $178 |
| Averages: | $111,000 | $188 | 143 | $105,000 | $178 | ||||
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