314 E Stevens Road 1, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath
ACTIVE$272,000
314 E Stevens Road 1, Palm Springs, California 92262
1Bed
1Bath
565Sqft
565Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Land Ownership: The property includes land ownership, a significant advantage in Palm Springs where many properties are on leased land, offering greater long-term value and control.
Top Cons:
High Association Fee: The monthly association fee of $797.33 is considerably high for a one-bedroom unit of this size, impacting affordability and cash flow.
Compared to the nearby listings
Price:$272.0K vs avg $337.0K ($-65,000)31%
Size:565 sqft vs avg 1,068 sqft2%
Price/sqft:$481 vs avg $34889%
More Insights
Built in 1948 (77 years old).
Condition: Despite being built in 1948, this unit has undergone significant and stylish renovations, particularly in the kitchen and bathroom. The kitchen features modern stainless steel appliances, wood countertops, a contemporary tile backsplash, and updated cabinetry. The bathroom is described as having modern fixtures and finishes. The flooring throughout appears to be clean tile, and light fixtures are updated. The property is presented as 'turnkey' and move-in ready, indicating a well-maintained interior with recent updates that align with the 'Good' condition criteria of being extensively renovated within the last 5 to 15 years.
Year Built
1948
Close
-
List price
$272K
Original List price
$280K
Price/Sqft
$481
HOA
$797.33
Days on market
-
Sold On
-
MLS number
219129872DA
Home ConditionGood
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)
About this home
Welcome to your Investment (30 day min.), vacation home or fulltime property!You own the land NOT lease land. SOLD Turnkey (see excluded list) one-bedroom unit in a charming vintage mid-century property, just moments from the downtown shops and restaurants. Enjoy an open floor plan filled with abundant natural light. The spacious bedroom offers a comfortable retreat, while the updated bathroom features modern fixtures and finishes. The galley kitchen is both stylish and functional, with wood countertops, ample cabinetry, a tile backsplash, and stainless steel appliances. A glass slider opens to a generous private patio with breathtaking mountain views and a cozy outdoor dining area--perfect for relaxing or entertaining.This unit also includes one uncovered parking space. Residents of Lantana Lodge enjoy access to a sparkling community pool.Book your tour today!
Nearby schools
7/10
Katherine Finchy Elementary School
Public,•K-5•0.5mi
4/10
Raymond Cree Middle School
Public,•6-8•0.5mi
6/10
Palm Springs High School
Public,•9-12•2.2mi
4/10
Desert Learning Academy
Public,•K-12•2.3mi
Condition Rating
Good
Despite being built in 1948, this unit has undergone significant and stylish renovations, particularly in the kitchen and bathroom. The kitchen features modern stainless steel appliances, wood countertops, a contemporary tile backsplash, and updated cabinetry. The bathroom is described as having modern fixtures and finishes. The flooring throughout appears to be clean tile, and light fixtures are updated. The property is presented as 'turnkey' and move-in ready, indicating a well-maintained interior with recent updates that align with the 'Good' condition criteria of being extensively renovated within the last 5 to 15 years.
Pros & Cons
Pros
Land Ownership: The property includes land ownership, a significant advantage in Palm Springs where many properties are on leased land, offering greater long-term value and control.
Prime Downtown Location: Situated moments from downtown shops and restaurants in Central Palm Springs, providing convenient access to amenities and a vibrant lifestyle.
Investment & Rental Potential: Approved for a 30-day minimum rental, making it an attractive option for investors seeking vacation rental income or a flexible vacation home.
Private Patio with Mountain Views: Features a generous private patio offering breathtaking mountain views and an outdoor dining area, enhancing the living experience.
Updated & Turnkey Interior: Boasts an updated bathroom with modern fixtures and a functional galley kitchen with stainless steel appliances, sold turnkey for immediate occupancy.
Cons
High Association Fee: The monthly association fee of $797.33 is considerably high for a one-bedroom unit of this size, impacting affordability and cash flow.
Compact Living Space: With only 565 square feet, the unit offers limited living space, which may not suit all buyers or long-term residents.
Limited Uncovered Parking: The property includes only one uncovered parking space, which could be a drawback for residents with multiple vehicles or when entertaining guests.