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1421 N Sunrise Way 34, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

1421 N Sunrise Way 34, Palm Springs, California 92262 home-pic-0
ACTIVE$299,000
1421 N Sunrise Way 34, Palm Springs, California 92262
2Beds
2Baths
1,170Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strong Investment/Rental Income Potential: The property is explicitly marketed as an 'ideal investment' for a 'move-in-ready seasonal rental,' with the community allowing short-term rentals (14-day minimum) and the current owner reporting 'excellent success' with seasonal bookings.
Top Cons:
Age of Property: Built in 1971, the property is over 50 years old, which may lead to concerns about aging infrastructure or require more frequent maintenance compared to newer constructions, despite current updates.

Compared to the nearby listings

Price:$299.0K vs avg $337.0K ($-38,000)41%
Size:1,170 sqft vs avg 1,068 sqft62%
Price/sqft:$256 vs avg $34612%

More Insights

Built in 1971 (54 years old).
Condition: Built in 1971, the property is over 50 years old. While described as 'well maintained' and 'move-in ready,' the kitchen features white flat panel cabinetry, Corian counters, and white appliances, which, along with the basic remodeled shower in the bathroom and the mirror wall in the living area, suggest updates that are likely 15-30 years old rather than recent. The flooring (carpet and white tile) and light fixtures are functional but not modern. The property is clean and functional but shows signs of being outdated in its style and finishes, aligning with the 'fair' condition criteria.
Year Built
1971
Close
-
List price
$299K
Original List price
$309K
Price/Sqft
$256
HOA
$508
Days on market
-
Sold On
-
MLS number
25540473PS
Home ConditionFair
Features
Good View: Hills
Deck
ViewHills

About this home

Welcome to Ranch Club Estados, a gated community on fee land (land you own) in Central Palm Springs. This well located 2 bedroom, 2 bath condo has a wonderful floor plan with 2 spacious en suite bedrooms separated by the great room with vaulted ceilings.The condo is well maintained with modern white flat panel cabinetry, Corian counters and white appliances. The baths are also well maintained, one with a remodeled shower.This sought after community offers fantastic amenities that include 2 pools with BBQs, 2 spas, 2 tennis/pickleball courts, clubhouse and gym, all surrounded by lush landscaping with citrus trees. Included in the HOA dues is building insurance, building and roof maintenance, along with water, trash, basic cable, and laundry facilities. Rancho Club Estados is centrally located and is close to downtown shopping and dining. The community is about 5 minutes away from the Palm Springs International airport and steps from groceries and shops. The condo comes fully furnished and equipped, from furniture to furnishings, that make it a ready to go vacation home or an ideal investment as a move-in-ready seasonal rental. The community allows short term rentals (14 day minimum) and the current owner has had excellent success with seasonal rentals.

Nearby schools

7/10
Katherine Finchy Elementary School
Public,•K-5•0.6mi
4/10
Raymond Cree Middle School
Public,•6-8•0.5mi
6/10
Palm Springs High School
Public,•9-12•1.7mi
4/10
Desert Learning Academy
Public,•K-12•1.8mi
Condition Rating
Fair
Built in 1971, the property is over 50 years old. While described as 'well maintained' and 'move-in ready,' the kitchen features white flat panel cabinetry, Corian counters, and white appliances, which, along with the basic remodeled shower in the bathroom and the mirror wall in the living area, suggest updates that are likely 15-30 years old rather than recent. The flooring (carpet and white tile) and light fixtures are functional but not modern. The property is clean and functional but shows signs of being outdated in its style and finishes, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Strong Investment/Rental Income Potential: The property is explicitly marketed as an 'ideal investment' for a 'move-in-ready seasonal rental,' with the community allowing short-term rentals (14-day minimum) and the current owner reporting 'excellent success' with seasonal bookings.
Exceptional Central Palm Springs Location: Centrally located, the condo offers convenient access to downtown shopping and dining, is approximately 5 minutes from Palm Springs International Airport, and is steps away from groceries and other shops.
Extensive Resort-Style Community Amenities: Residents benefit from a wide array of community amenities including two pools with BBQs, two spas, two tennis/pickleball courts, a clubhouse, and a gym, all set within lush landscaping.
Fee Land Ownership & Comprehensive HOA Inclusions: The property is on 'fee land' (land you own), a significant advantage in Palm Springs, and the HOA dues cover building insurance, building and roof maintenance, water, trash, basic cable, and laundry facilities, offering substantial value.
Turnkey & Well-Maintained Interior: The condo comes fully furnished and equipped, making it move-in or rental-ready. It features modern white flat panel cabinetry, Corian counters, white appliances, and a remodeled shower in one of the well-maintained bathrooms.

Cons

Age of Property: Built in 1971, the property is over 50 years old, which may lead to concerns about aging infrastructure or require more frequent maintenance compared to newer constructions, despite current updates.
Monthly HOA Dues: The $508 monthly HOA fee, while comprehensive in its inclusions, represents a significant ongoing cost that must be factored into the total ownership expense.
Potential for Limited Personal Use (Rental Restrictions): While short-term rentals are allowed, the 14-day minimum stay requirement might limit flexibility for owners who wish to use the property for shorter personal getaways or offer more varied rental options.

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