2809 E Los Felices Circle E 207, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

2809 E Los Felices Circle E 207, Palm Springs, California 92262 home-pic-0
ACTIVE$157,000
2809 E Los Felices Circle E 207, Palm Springs, California 92262
1Bed
1Bath
589Sqft
774.02Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Community Amenities: The condominium complex boasts an impressive array of amenities including six pools, eight spas, tennis courts, and a putting green, offering a resort-like lifestyle.
Top Cons:
Compact Living Space: At 589 square feet, the unit offers limited living space, which may not be suitable for all buyers or those seeking more expansive accommodations.

Compared to the nearby listings

Price:$157.0K vs avg $337.0K ($-180,000)6%
Size:589 sqft vs avg 1,068 sqft22%
Price/sqft:$267 vs avg $34615%

More Insights

Built in 1982 (43 years old).
Condition: The property was built in 1982, making it 42 years old. The visible interior (dining area) features an outdated ceiling fan and carpet, suggesting no significant modern renovations. While the kitchen and bathroom are not explicitly shown in the provided images, it is highly probable they are similarly dated given the age of the property and the visible interior. The property appears functional but shows clear signs of being outdated and would benefit from minor updates to meet current aesthetic and quality standards.
Year Built
1982
Close
-
List price
$157K
Original List price
$169K
Price/Sqft
$267
HOA
$515
Days on market
-
Sold On
-
MLS number
WS25238560
Home ConditionFair
Features
Pool
Spa
View-

About this home

Impressive offer! This sought-condominium complex includes six pools, eight spas. tennis courts, a putting green(s), and the added security of a gated community.

Nearby schools

6/10
Vista Del Monte Elementary School
Public,K-51.0mi
7/10
Katherine Finchy Elementary School
Public,K-51.8mi
4/10
Cahuilla Elementary School
Public,K-53.7mi
4/10
Raymond Cree Middle School
Public,6-81.6mi
6/10
Palm Springs High School
Public,9-123.5mi
4/10
Desert Learning Academy
Public,K-123.6mi
Condition Rating
Fair

The property was built in 1982, making it 42 years old. The visible interior (dining area) features an outdated ceiling fan and carpet, suggesting no significant modern renovations. While the kitchen and bathroom are not explicitly shown in the provided images, it is highly probable they are similarly dated given the age of the property and the visible interior. The property appears functional but shows clear signs of being outdated and would benefit from minor updates to meet current aesthetic and quality standards.
Pros & Cons

Pros

Extensive Community Amenities: The condominium complex boasts an impressive array of amenities including six pools, eight spas, tennis courts, and a putting green, offering a resort-like lifestyle.
Gated Community Security: The property is located within a gated community, providing enhanced security and privacy for residents.
Desirable Palm Springs Location: Situated in Palm Springs, a highly sought-after destination known for its vibrant lifestyle and attractions, enhancing its appeal for residents and potential renters.
Recent Price Reduction: The property has seen a significant price reduction from $169,000 to $157,000, indicating a motivated seller and potentially a more attractive investment opportunity.
Affordable Entry Point: With a list price of $157,000, this condominium offers a relatively accessible entry into the Palm Springs real estate market, especially considering the extensive amenities.

Cons

Compact Living Space: At 589 square feet, the unit offers limited living space, which may not be suitable for all buyers or those seeking more expansive accommodations.
High Monthly Association Fee: A monthly association fee of $515 is substantial, especially relative to the property's list price, and will significantly impact the overall cost of ownership.
Age of Complex: Built in 1982, the complex is over 40 years old, which could imply potential for aging infrastructure, dated common areas, or future special assessments for renovations.

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