291 E Mel Avenue 263, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
ACTIVE$379,000
291 E Mel Avenue 263, Palm Springs, California 92262
2Beds
2Baths
902Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Strategically located minutes from downtown Palm Springs, offering easy access to shopping, dining, vibrant local culture, and immediate proximity to Desert Regional Medical Center.
Top Cons:
Property Age: Built in 1983, the property is over 40 years old, which may imply potential for older systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or upgrades beyond the updated kitchen appliances.
Compared to the nearby listings
Price:$379.0K vs avg $338.0K (+$41,000)58%
Size:902 sqft vs avg 1,068 sqft44%
Price/sqft:$420 vs avg $34873%
More Insights
Built in 1983 (42 years old).
Condition: Built in 1983, this condo has received notable updates that make it move-in ready. The kitchen features updated stainless steel appliances and a contemporary bar color. Bathrooms have updated vanities and faucets, though some elements like the medicine cabinets and basic tub/shower units show their age. Modern laminate flooring throughout provides a fresh feel. While some dated features like mirrored walls and closet doors remain, the property is well-maintained and functional, aligning with a 'Good' condition score due to recent partial renovations rather than a full overhaul.
Year Built
1983
Close
-
List price
$379K
Original List price
$379K
Price/Sqft
$420
HOA
$360
Days on market
-
Sold On
-
MLS number
219128731DA
Home ConditionGood
Features
Good View: Mountain(s)
Deck
ViewMountain(s)
About this home
Desert living made easy in Palm Springs! Step into comfort with this 2 bedroom, 2 bathroom condo. Designed for easy living and effortless entertaining, this home features updated stainless steel appliances in the kitchen and two private balconies provide the option of south and north views. This layout gives you both functionality and flow whether you're looking for a full-time home, weekend escape, or investment property. Located next to Desert Regional Medical Center and just minutes from downtown Palm Springs; shopping, dining, and vibrant local culture are all within easy reach.
Nearby schools
7/10
Katherine Finchy Elementary School
Public,•K-5•0.4mi
4/10
Raymond Cree Middle School
Public,•6-8•0.6mi
6/10
Palm Springs High School
Public,•9-12•2.1mi
4/10
Desert Learning Academy
Public,•K-12•2.2mi
Condition Rating
Good
Built in 1983, this condo has received notable updates that make it move-in ready. The kitchen features updated stainless steel appliances and a contemporary bar color. Bathrooms have updated vanities and faucets, though some elements like the medicine cabinets and basic tub/shower units show their age. Modern laminate flooring throughout provides a fresh feel. While some dated features like mirrored walls and closet doors remain, the property is well-maintained and functional, aligning with a 'Good' condition score due to recent partial renovations rather than a full overhaul.
Pros & Cons
Pros
Prime Location: Strategically located minutes from downtown Palm Springs, offering easy access to shopping, dining, vibrant local culture, and immediate proximity to Desert Regional Medical Center.
Updated Kitchen Appliances: The kitchen features updated stainless steel appliances, providing a modern and functional cooking space.
Dual Private Balconies with Views: Two private balconies offer desirable south and north exposures, providing residents with diverse views, likely including the mentioned mountain vistas.
Versatile Investment Potential: The property's layout and location make it highly suitable for various uses, including a full-time residence, a weekend getaway, or a rental investment property.
Efficient Layout for Easy Living: Designed for 'easy living and effortless entertaining,' the condo offers a functional and flowing layout optimized for comfort and convenience.
Cons
Property Age: Built in 1983, the property is over 40 years old, which may imply potential for older systems (e.g., HVAC, plumbing, electrical) that could require future maintenance or upgrades beyond the updated kitchen appliances.
Monthly Association Fee: A monthly association fee of $360.0 adds a recurring cost to ownership, which can impact affordability and overall budget for potential buyers.
Compact Living Space: With 902 square feet for a 2-bedroom, 2-bathroom unit, the living space is relatively compact, which might be a limiting factor for buyers seeking more expansive accommodations.