1550 S Camino Real 319, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath

1550 S Camino Real 319, Palm Springs, California 92264 home-pic-0
ACTIVE$269,000
1550 S Camino Real 319, Palm Springs, California 92264
1Bed
1Bath
684Sqft
871Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Desirable Location & Views: Located in a highly sought-after South Palm Springs neighborhood, offering beautiful views from the private balcony and mountain vistas from the community areas, with convenient proximity to popular local attractions.
Top Cons:
Building Age: Constructed in 1974, the building is 50 years old, which may lead to concerns about aging infrastructure, potential for higher maintenance costs, or a need for future updates.

Compared to the nearby listings

Price:$269.0K vs avg $439.4K ($-170,450)8%
Size:684 sqft vs avg 1,307 sqft5%
Price/sqft:$393 vs avg $34070%

More Insights

Built in 1974 (51 years old).
Condition: The property was built in 1974, making it 50 years old. There is no mention of any significant renovations or updates to the interior, particularly the kitchen or bathrooms, in the listing description. The absence of interior images, especially of these key areas, strongly suggests they are original or very dated. The property analysis also highlights 'aging infrastructure' and a 'need for future updates' as a weakness. For a 50-year-old property without documented major renovations, the kitchen and bathrooms are highly likely to be severely outdated and require substantial rehabilitation to meet current standards and comfort.
Year Built
1974
Close
-
List price
$269K
Original List price
$269K
Price/Sqft
$393
HOA
$413.34
Days on market
-
Sold On
-
MLS number
25605253PS
Home ConditionPoor
Features
Good View:
Deck
View

About this home

Welcome to Biltmore Phase III, located in one of South Palm Springs' most desirable neighborhoods. This top-floor, single-level one-bedroom condo offers an open, airy floor plan and convenient elevator access. Inside the living area and bedroom both feature sliding doors that open to a private balcony perfect for enjoying beautiful views. The spacious bedroom includes a full wall of mirrored reach-in closets. The kitchen offers a convenient pass-through to the living room, pantry storage and an adjacent dining area ideal for entertaining. Relax in the inviting community pool and spa surrounded by lush landscaping and mountain vistas. The HOA also provides BBQ areas, a cabana with misters and ample space for outdoor dining. Additional community features include an assigned carport, high speed internet, storage locker, guest parking, laundry rooms, and secured building access with an intercom system. Conveniently close to popular Palm Springs destinations such as Del Rey at Villa Royale, Koffi, Kings Highway, The Reef Bar, Sancho's, Elmer's, El Mirasol, Mr. Lyons, and Kreem Ice Cream. This condo is ideal for full-time living, a second home, or a vacation rental (30-day minimum). One pet allowed. Palm Springs living at its Best!

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.4mi
4/10
Raymond Cree Middle School
Public,6-82.9mi
4/10
Desert Learning Academy
Public,K-121.3mi
6/10
Palm Springs High School
Public,9-121.7mi
Condition Rating
Poor

The property was built in 1974, making it 50 years old. There is no mention of any significant renovations or updates to the interior, particularly the kitchen or bathrooms, in the listing description. The absence of interior images, especially of these key areas, strongly suggests they are original or very dated. The property analysis also highlights 'aging infrastructure' and a 'need for future updates' as a weakness. For a 50-year-old property without documented major renovations, the kitchen and bathrooms are highly likely to be severely outdated and require substantial rehabilitation to meet current standards and comfort.
Pros & Cons

Pros

Desirable Location & Views: Located in a highly sought-after South Palm Springs neighborhood, offering beautiful views from the private balcony and mountain vistas from the community areas, with convenient proximity to popular local attractions.
Comprehensive Community Amenities: Features an inviting community pool, spa, BBQ areas, cabana with misters, assigned carport, high-speed internet, storage locker, guest parking, laundry rooms, and secured building access.
Top-Floor & Accessible Unit: Benefits from being a top-floor, single-level unit providing privacy and quiet, complemented by convenient elevator access for ease of living.
Versatile Investment Potential: Ideal for full-time residency, a second home, or as a vacation rental with a 30-day minimum, offering significant flexibility and income potential for owners.
Functional Layout & Private Outdoor Space: An open, airy floor plan with a convenient kitchen pass-through and an adjacent dining area, plus a private balcony accessible from both the living area and bedroom.

Cons

Building Age: Constructed in 1974, the building is 50 years old, which may lead to concerns about aging infrastructure, potential for higher maintenance costs, or a need for future updates.
Limited Space & Occupancy: With only 684 sqft, 1 bedroom, and 1 bathroom, the unit offers limited living space and is best suited for singles or couples, potentially restricting its buyer pool.
Significant Monthly HOA Dues: The association fee of $413.34 per month is a substantial recurring cost that needs to be factored into the overall affordability and budget.

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