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1651 S Cerritos Drive, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 3 bath

1651 S Cerritos Drive, Palm Springs, California 92264 home-pic-0
ACTIVE$520,000
1651 S Cerritos Drive, Palm Springs, California 92264
2Beds
3Baths
1,568Sqft
Lot
Year Built
1981
Close
-
List price
$520K
Original List price
$520K
Price/Sqft
$332
HOA
$643
Days on market
-
Sold On
-
MLS number
219129849PS
Home ConditionGood
Features
Good View: Desert, Park/Greenbelt, Pool
Patio
ViewDesert, Park/Greenbelt, Pool

About this home

We found 3 Cons,5 Pros. Rank: price - $520.0K(64th), sqft - 1568(68th), beds - 2(50th), baths - 3(82th).

RARELY AVAILABLE dual master suite condo in the highly desirable Versailles complex in South Palm Springs! YOU OWN THE LAND! This spacious 1,568 sq ft ground-floor, single-story unit features two primary bedrooms, each with its own private patio, plus 2.5 baths. Enjoy vaulted ceilings, a cozy fireplace, clerestory windows bringing in tons of natural light, and porcelain tile floors throughout. With a total of five patios, you'll have ample space for outdoor living amidst park-like grounds dotted with citrus trees. The HVAC has just been replaced this month and will transfer with warranties.The kitchen boasts stainless steel appliances, and the condo includes an in-unit washer/dryer. Updated bathrooms and new lighting add to the appeal. Complex amenities include 4 pools/spas and 2 tennis courts. Includes one covered parking space with ample guest parking available. HOA includes earthquake insurance, exterior maintenance, water, sewer, and trash. Prime location near Smoke Tree Plaza & Commons, minutes from downtown Palm Springs.Don't miss this fantastic opportunity!

Nearby schools

4/10
Cahuilla Elementary School
Public,•K-5•0.9mi
4/10
Raymond Cree Middle School
Public,•6-8•3.0mi
4/10
Desert Learning Academy
Public,•K-12•0.9mi
6/10
Palm Springs High School
Public,•9-12•1.2mi
Condition Rating
Good
Built in 1981, this property has undergone significant recent updates that elevate its condition beyond 'Fair'. The HVAC system was just replaced this month, ensuring a major system is brand new. The bathrooms have been updated with modern vanities, vessel sinks, contemporary tile, and new lighting, as evidenced by the images. The kitchen features stainless steel appliances and a modern backsplash, though the wood cabinets appear to be an older style, they are well-maintained. Porcelain tile floors run throughout the unit, providing a clean and durable finish. While not a full, top-to-bottom renovation, the critical updates to major systems and high-impact areas make this property move-in ready with no immediate renovation required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Land Ownership & Prime Location: Rare 'fee simple' land ownership for a condo in a highly desirable South Palm Springs complex, offering a prime location near amenities and downtown.
Dual Master Suites & Extensive Patios: Features a sought-after dual master suite layout, each with a private patio, plus three additional patios, providing exceptional outdoor living space.
Recent Major Upgrades: Benefits from a brand-new HVAC system with transferable warranties, updated bathrooms, new lighting, and stainless steel kitchen appliances, minimizing immediate maintenance concerns.
Robust HOA Inclusions & Amenities: HOA covers significant expenses including earthquake insurance, exterior maintenance, water, sewer, and trash, alongside access to 4 pools/spas and 2 tennis courts.
Spacious & Bright Interior: A generous 1,568 sq ft ground-floor, single-story unit with vaulted ceilings, clerestory windows for abundant natural light, and porcelain tile floors.

Cons

High Monthly HOA Dues: The $643 monthly HOA fee, while inclusive of many services, represents a significant ongoing cost that could impact affordability for some buyers.
Age of Complex: Built in 1981, the complex is over 40 years old, which may imply potential for aging infrastructure or future special assessments despite recent unit upgrades.
Condo Lifestyle Limitations: As a condominium, the property inherently offers less privacy and potential for shared wall noise compared to a single-family home, and lacks a private yard.

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