1490 S Camino Real 208, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath

1490 S Camino Real 208, Palm Springs, California 92264 home-pic-0
ACTIVE$269,000
1490 S Camino Real 208, Palm Springs, California 92264
2Beds
2Baths
906Sqft
0.03Lot
Year Built
1974
Close
-
List price
$269K
Original List price
$284K
Price/Sqft
$297
HOA
$442.55
Days on market
-
Sold On
-
MLS number
219131070DA
Home ConditionFair
Features
Good View: Mountain(s), Panoramic
Pool
Spa
ViewMountain(s), Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $269.0K(8th), sqft - 906(15th), beds - 2(50th), baths - 2(50th).

Investment/Second home opportunity- Great Value. Perfect for your rental portfolio or as owner occupant. A great central location in South Palm Springs. You're about to be delighted-You get two spacious separated bedrooms for the price of a Biltmore one bedroom unit. This unit makes an excellent rental income property. Just a 30-day minimum restriction for rentals. These units also make an excellent choice for a secure second home in the desert, a great winter home, vacation rental. Location is ideal, close to the heartbeat of downtown and all it has to offer! This second-floor unit has BEAUTIFUL DIRECT MOUNTAIN VIEWS- Welcome home to the coveted Palm Springs Biltmore-II. This charming, quiet and serene interior mountain view balcony unit features two nicely separated bedrooms, two bathrooms with a dining room-den/home office space. Unit has just been freshly painted w/ bright neutral tones. Upgraded with modern electrical plugs and switches, some new appliances and lighting, ceiling fans. Granite slab counter-tops in the galley kitchen, stainless steel gas range and new Refrigerator. Four sets of sliding glass doors allow easy access to the large outdoor balcony from the bedrooms and the open space floor plan. Tile and carpet flooring. Main Bedroom suite has a walk-in shower. Guest bedroom has a walk-in closet. Elevator access building, unit is close to the community pool and Hot Spa, Cabana BBQ area but secluded from view. Excellent location making it convenient to all Palm Springs has to offer. Just a few blocks to trendy restaurants and coffee shops. Condo is in the valued Tahquitz River Neighborhood, a very quiet area less traveled. Priced at a great value, basically two bedrooms for the price of a one. Hurry and make this nice place your own. Very easy access from covered carport and pool and party cabana area. Pool is heated in the winter. Beautiful resort like grounds. Pool is heated in the winter. Currently, the only single level two bedroom available at Biltmore, no stairs in the unit. Location-wise, this property couldn't be better situated. Palm Springs offers a plethora of amenities right at your doorstep. From world-class golf courses and hiking trails to vibrant shopping districts and gourmet dining options, there's always something to do in this lively city. Furthermore, cultural enthusiasts will appreciate the proximity to various art galleries and museums that showcase the rich history of the region. Location-Location-Location!

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.3mi
4/10
Raymond Cree Middle School
Public,6-82.8mi
4/10
Desert Learning Academy
Public,K-121.3mi
6/10
Palm Springs High School
Public,9-121.6mi
Condition Rating
Fair

The property was built in 1974. The listing mentions some updates like fresh paint, modern electrical plugs and switches, some new appliances, granite countertops in the kitchen, and stainless steel gas range and new refrigerator. However, the bathrooms and kitchen appear dated, and the carpet and tile flooring are not new. Overall, it appears to be maintained but aged, fitting the 'fair' condition.
Pros & Cons

Pros

Investment Potential: Excellent rental income property with only a 30-day minimum rental restriction, making it attractive to investors.
Mountain Views: The unit boasts beautiful, direct mountain views from the balcony, enhancing its appeal and desirability.
Prime Location: Located in South Palm Springs, close to downtown, trendy restaurants, coffee shops, and other amenities.
Two Bedrooms for the Price of One: Offering two spacious, separated bedrooms at a price point comparable to a one-bedroom unit in the Biltmore.
Upgrades: The unit features modern electrical plugs and switches, some new appliances and lighting, granite countertops, and a stainless steel gas range.

Cons

Association Fees: The monthly association fee of $442.55 could be a deterrent for some buyers.
Year Built: Built in 1974, the property may require updates to appeal to modern buyers.
Original List Price Reduction: The property has undergone a price reduction from its original list price, which may raise questions about its market value.

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