$289,900
Sold On 2023-09-05
Overview
The perfect INVESTMENT OPPORTUNITY or winter getaway in the heart of Palm Springs! Unit C16 at the Biarritz is a completely renovated (2020), turn-key furnished, 1BR condominium offering the prime location in the community - overlooking the beautiful community pool with a spectacular view of Mt San Jacinto. The Biarritz is a rare investment opportunity with NO SHORT-TERM RENTAL RESTRICTIONS. Unit C16 grossed $41K in rental income in 2022. Community features a heated pool, two hot tubs, gated garage parking and two tennis courts. HOA fee covers property insurance, water, sewer, internet and cable TV! Owner has invested over $53K in upgrades and furnishings, including: new cabinets in kitchen and bath, new countertops, new appliances, new laminate flooring throughout, new double pane energy efficient sliding doors, new light fixtures and ceiling fans, new LED recessed can lights, new interior doors and hardware, new shower base, tile, sliding shower door, plumbing fixtures, commode and vanity in bathroom. Property is back on market with an improved price after sellers completed a few additional improvements. ***** LAND LEASE EXPIRES IN 2046 - HOA has not yet negotiated an extension. Financed loans would need to be 15 years or less.
MLS #
219097546PS
Listed on
2023-07-17
Status
Sold
Price
$289,900
Type
Residential
Size of home
568
Beds / Baths
1 / 1.00
Size of lot
871
Community
Location address
471 Calle El Segundo #C16
Palm Springs 92262
Palm Springs 92262
General Information
School District
Palm Springs Unified
Original List Price
$289,900
Price Per Sq/Ft
$510
Furnished
Yes
HOA Fee
$422
Land Type
Lease
Land Lease Expires
2046
Land Lease $/yr
$1,519
Association Amenities
Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Guest Parking, Hot Water, Onsite Property Management, Tennis Courts
Pool
Yes
Pool Description
Community, Fenced, Gunite, Heated, In Ground, Safety Fence
Spa
Yes
Spa Description
Community, Fenced, Gunite, Heated, Hot Tub, In Ground
Year Built
1985
Interior Features
Living Room Balcony, Open Floor Plan, Recessed Lighting
Flooring
Laminate
Appliances
Microwave, Oven-Electric, Range
Laundry
Community, Garage
Fireplace
No
Heating Type
Central, Forced Air, Natural Gas
Cooling Type
Air Conditioning, Ceiling Fan
Parking Spaces
2
Parking Type
Assigned, Attached, Garage Is Attached, Subterranean
Management Name
Desert Resort Management
Management Phone
760-346-1161
Courtesy of:
Chris Burbach /
Windermere Desert Properties
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