280 S Avenida Caballeros 223, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath

280 S Avenida Caballeros 223, Palm Springs, California 92262 home-pic-0
ACTIVE$320,000
280 S Avenida Caballeros 223, Palm Springs, California 92262
2Beds
2Baths
1,082Sqft
8,712Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: The condominium is situated just a few blocks from the main downtown area of Palm Springs, offering convenient access to urban attractions.
Top Cons:
High Monthly Association Fees: The monthly association fee of $581 is substantial and could impact the overall affordability and carrying costs for potential buyers.

Compared to the nearby listings

Price:$320.0K vs avg $337.0K ($-17,000)47%
Size:1,082 sqft vs avg 1,068 sqft51%
Price/sqft:$296 vs avg $34629%

More Insights

Built in 1981 (44 years old).
Condition: Built in 1981, this property shows its age with largely original or very dated finishes. The kitchen features outdated cabinets, countertops, flooring, and lighting, though the range appears to be a more recent update. Both bathrooms are significantly dated with original-style vanities, countertops, and shower/tub surrounds. Carpets in the living areas and bedrooms appear worn. While functional and seemingly well-maintained, the property requires substantial cosmetic updates and modernization to meet contemporary standards.
Year Built
1981
Close
-
List price
$320K
Original List price
$325K
Price/Sqft
$296
HOA
$581
Days on market
-
Sold On
-
MLS number
NP25190851
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Deck
Patio
ViewMountain(s), Neighborhood

About this home

Located only a few short blocks from the main downtown area of Palm Springs, this 2 Bedroom 2 Bath Condominium in Caballeros Estates, is now available. Only minutes away, from shopping, restaurants, clubs, The Agua Caliente Casino, golf courses and local museums. The complex has 4 pools, 2 spas, a sauna and clubhouse with weekly activities. It is easy to visit the Palm Springs Aerial Tramway, Joshua Tree National Park and hike the many local trails. This is Resort Living at an affordable price with beautiful weather, scenery and so many things to see and do.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.9mi
4/10
Raymond Cree Middle School
Public,6-81.6mi
4/10
Desert Learning Academy
Public,K-120.9mi
6/10
Palm Springs High School
Public,9-121.1mi
Condition Rating
Fair

Built in 1981, this property shows its age with largely original or very dated finishes. The kitchen features outdated cabinets, countertops, flooring, and lighting, though the range appears to be a more recent update. Both bathrooms are significantly dated with original-style vanities, countertops, and shower/tub surrounds. Carpets in the living areas and bedrooms appear worn. While functional and seemingly well-maintained, the property requires substantial cosmetic updates and modernization to meet contemporary standards.
Pros & Cons

Pros

Prime Downtown Location: The condominium is situated just a few blocks from the main downtown area of Palm Springs, offering convenient access to urban attractions.
Extensive Community Amenities: The complex boasts a wealth of amenities including 4 pools, 2 spas, a sauna, and a clubhouse with weekly activities, enhancing the resort-style living experience.
Abundant Local Amenities: Minutes away from diverse shopping, restaurants, clubs, The Agua Caliente Casino, golf courses, and local museums, providing a vibrant lifestyle.
Access to Outdoor Recreation: Easy access to major attractions like the Palm Springs Aerial Tramway, Joshua Tree National Park, and numerous local hiking trails.
Scenic Mountain Views: The property offers desirable views of the surrounding mountains and neighborhood, contributing to its aesthetic appeal.

Cons

High Monthly Association Fees: The monthly association fee of $581 is substantial and could impact the overall affordability and carrying costs for potential buyers.
Recent Price Adjustment: A recent price reduction from $325,000 to $320,000 suggests potential market resistance or initial overpricing, which may indicate negotiation room or a longer time on market.
Age of Construction: Built in 1981, the property may feature original systems or finishes that could require updating or maintenance, potentially incurring additional costs for a buyer.

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