1655 E Palm Canyon Drive 307, Palm Springs, California 92264, Palm Springs, 92264 - 1 bed, 1 bath
ACTIVE$225,000
1655 E Palm Canyon Drive 307, Palm Springs, California 92264
1Bed
1Bath
755Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime South Palm Springs Location: Situated in the prestigious South Palm Springs, offering convenient access to shops, restaurants, and Downtown Palm Springs.
Top Cons:
Requires Renovation: The description explicitly states 'With a little TLC,' indicating the property needs updates or repairs to reach its full potential.
Compared to the nearby listings
Price:$225.0K vs avg $439.4K ($-214,450)4%
Size:755 sqft vs avg 1,307 sqft9%
Price/sqft:$298 vs avg $33826%
More Insights
Built in 1974 (51 years old).
Condition: This property was built in 1974, making it 50 years old. While the description mentions 'a little TLC,' the images reveal a significantly outdated kitchen with white tiled countertops, older white appliances, and dated cabinetry that would require a full renovation, not just minor updates. The exposed electrical panel in the kitchen is also a concern. Although the common areas appear well-maintained, the interior of the unit, particularly the kitchen, necessitates substantial rehabilitation to meet current standards and appeal to modern buyers. There are no images of the bathroom, but it is reasonable to assume it is in a similar condition to the kitchen. This aligns with the 'poor' criteria of requiring substantial repairs and rehabilitation for major components like the kitchen, even if structural integrity is not explicitly questioned.
Year Built
1974
Close
-
List price
$225K
Original List price
$225K
Price/Sqft
$298
HOA
$317
Days on market
-
Sold On
-
MLS number
24462111
Home ConditionPoor
Features
Excellent View: Park/Greenbelt, Mountain(s)
Pool
Spa
Patio
ViewPark/Greenbelt, Mountain(s)
About this home
This is a fantastic opportunity to own in the highly sought after Smoketree Racquet Club in prestigious South Palm Springs. This ground floor unit has a spectacular mountain view and open concept living space. With a little TLC, this 1 bedroom, 1 bath unit provides an amazing investment opportunity for seasonal and long-term rental, or just make it your new home or weekend getaway. Smoketree Racquet Club boasts a pool, hot tub, lighted tennis and pickleball courts, dog park, and community laundry area. It is conveniently located to shops and restaurants, and minutes away from fabled Downtown Palm Springs. Owner considers seller-financing. Don't pass this one by!
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•3.1mi
4/10
Desert Learning Academy
Public,•K-12•1.2mi
6/10
Palm Springs High School
Public,•9-12•1.5mi
Condition Rating
Poor
This property was built in 1974, making it 50 years old. While the description mentions 'a little TLC,' the images reveal a significantly outdated kitchen with white tiled countertops, older white appliances, and dated cabinetry that would require a full renovation, not just minor updates. The exposed electrical panel in the kitchen is also a concern. Although the common areas appear well-maintained, the interior of the unit, particularly the kitchen, necessitates substantial rehabilitation to meet current standards and appeal to modern buyers. There are no images of the bathroom, but it is reasonable to assume it is in a similar condition to the kitchen. This aligns with the 'poor' criteria of requiring substantial repairs and rehabilitation for major components like the kitchen, even if structural integrity is not explicitly questioned.
Pros & Cons
Pros
Prime South Palm Springs Location: Situated in the prestigious South Palm Springs, offering convenient access to shops, restaurants, and Downtown Palm Springs.
Extensive Resort-Style Amenities: The Smoketree Racquet Club boasts a pool, hot tub, lighted tennis and pickleball courts, and a dog park, enhancing lifestyle appeal.
Strong Investment Opportunity: Positioned as an 'amazing investment opportunity' for both seasonal and long-term rentals, appealing to investors.
Spectacular Mountain Views: The ground floor unit features a 'spectacular mountain view,' adding significant aesthetic value.
Flexible Seller Financing: The owner's consideration of seller-financing provides a unique and attractive purchasing option for potential buyers.
Cons
Requires Renovation: The description explicitly states 'With a little TLC,' indicating the property needs updates or repairs to reach its full potential.
Older Property Age: Built in 1974, the property is 50 years old, suggesting potential for outdated systems, finishes, or a need for modernization.
Compact Size: At 755 sqft with 1 bedroom and 1 bathroom, the unit is relatively small, which might limit its appeal to buyers seeking more living space.