197 W Via Lola 7, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

197 W Via Lola 7, Palm Springs, California 92262 home-pic-0
ACTIVE$700,000
197 W Via Lola 7, Palm Springs, California 92262
2Beds
2Baths
1,230Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Iconic Mid-Century Modern Design: This rare find embodies the 1960s Palm Springs lifestyle with sleek lines, open spaces, and indoor-outdoor living, situated within the iconic 'Villa de Las Palmas' community.
Top Cons:
Tax Record Discrepancy: Tax records incorrectly indicate all units in the complex as 1-bedroom, which may require clarification for financing or appraisal purposes.

Compared to the nearby listings

Price:$700.0K vs avg $338.0K (+$362,000)90%
Size:1,230 sqft vs avg 1,068 sqft68%
Price/sqft:$569 vs avg $34895%

More Insights

Built in 1962 (63 years old).
Condition: Built in 1962, this mid-century unit is clean and well-maintained, with recently renovated common areas (2023). However, the interior of the unit, particularly the kitchen and bathrooms, shows signs of being outdated. The kitchen features older white appliances, a dated mosaic tile backsplash, and light wood cabinets, suggesting an update from 15-30 years ago rather than a recent renovation. The bathrooms also appear to have older fixtures and finishes. While functional, the property requires substantial cosmetic updates to meet modern aesthetic standards, as implied by the listing's suggestion to 'Transform Unit 7 into the 'Palm Springs Getaway' of your dreams!'
Year Built
1962
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$569
HOA
$650
Days on market
-
Sold On
-
MLS number
219137238PS
Home ConditionFair
Features
Excellent View: Mountain(s)
Deck
Pool
Spa
ViewMountain(s)

About this home

Rare Mid-Century Find -- Uptown Design District Modern Living. Step into the Palm Springs lifestyle of the 1960s -- sleek lines, open spaces, and indoor-outdoor living at its best. This rare 2-bedroom, 2-bath residence is located within the iconic ''Villa de Las Palmas'', a gated, 24-unit Mid-Century Modern community built in 1962. Perfectly situated on West Via Lola, once affectionately known as ''Millionaire's Row,'' this address captures the timeless glamour of the Uptown Design District. Inside, discover an airy living and dining space wrapped in dramatic floor-to-ceiling glass -- approximately 15 feet wide by 8 feet high -- framing postcard views of Mt. San Jacinto. The home's layout flows effortlessly to a spacious 15' x 19' entertaining balcony (approx. 285 sq. ft.), where cocktail hour meets sunset in true Palm Springs style. All indoor and outdoor spaces of the condo are on the same level. Beautifully renovated greenbelt and desertscape (2023) with year-round heated Pool, Spa and Fire/Water Feature ... all facing Mt. San Jacinto. Don't forget the hard-to-find, assigned, underground garage parking space. Steps from Ernest Coffee, Tailor Shop Craft Cocktail Bar, Hyphen Wine Shop, Saffron & John's restaurants. Less than 1/4 mile to 849, Jake's, Cafe La Jefa, Workshop & Trio (which is a 3 minute walk). Stroll or bike through your exclusive Old Las Palmas neighborhood any day of the week. HOA allows 30-day or longer rentals. Pets welcome. Two renovated units recently sold for $870,000 each (2025). NOTE: Tax Records indicate every unit in this complex is only 1 Bedroom. Ask your agent for photos of the adjacent condominium that was beautifully renovated a few years ago. Transform Unit 7 into the ''Palm Springs Getaway'' of your dreams!

Condition Rating
Fair

Built in 1962, this mid-century unit is clean and well-maintained, with recently renovated common areas (2023). However, the interior of the unit, particularly the kitchen and bathrooms, shows signs of being outdated. The kitchen features older white appliances, a dated mosaic tile backsplash, and light wood cabinets, suggesting an update from 15-30 years ago rather than a recent renovation. The bathrooms also appear to have older fixtures and finishes. While functional, the property requires substantial cosmetic updates to meet modern aesthetic standards, as implied by the listing's suggestion to 'Transform Unit 7 into the 'Palm Springs Getaway' of your dreams!'
Pros & Cons

Pros

Iconic Mid-Century Modern Design: This rare find embodies the 1960s Palm Springs lifestyle with sleek lines, open spaces, and indoor-outdoor living, situated within the iconic 'Villa de Las Palmas' community.
Prime Uptown Design District Location: Located on 'Millionaire's Row' in the Uptown Design District, offering exceptional walkability to renowned restaurants, coffee shops, and boutiques.
Panoramic Mountain Views & Outdoor Living: Features dramatic floor-to-ceiling glass framing postcard views of Mt. San Jacinto and a spacious 285 sq. ft. entertaining balcony perfect for sunsets.
Investor & Pet-Friendly Policies: The HOA permits 30-day or longer rentals, providing strong investment potential, and the community is pet-friendly, broadening its appeal.
Valuable Underground Parking & Renovated Amenities: Includes a hard-to-find assigned underground garage parking space and access to recently renovated (2023) community pool, spa, and greenbelt.

Cons

Tax Record Discrepancy: Tax records incorrectly indicate all units in the complex as 1-bedroom, which may require clarification for financing or appraisal purposes.
Requires Significant Renovation: The unit is presented as a 'transformative' opportunity, implying it requires substantial renovation and investment to reach the caliber of recently sold, updated units.
High Monthly HOA Fees: The property carries a significant monthly HOA fee of $650.0, which adds to the overall cost of ownership.

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