401 S El Cielo Road 49, Palm Springs, California 92262, Palm Springs, 92262 - 2 bed, 2 bath
ACTIVE$279,000
401 S El Cielo Road 49, Palm Springs, California 92262
2Beds
2Baths
1,012Sqft
1,742Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Turnkey: Strategically located in the heart of Palm Springs, offering convenient access to downtown, and presented as turnkey furnished for immediate occupancy or rental.
Top Cons:
Significant Monthly HOA Dues: The $475 monthly association fee, while inclusive of many services, represents a notable recurring cost that potential buyers must consider.
Compared to the nearby listings
Price:$279.0K vs avg $337.0K ($-58,000)34%
Size:1,012 sqft vs avg 1,068 sqft45%
Price/sqft:$276 vs avg $34619%
More Insights
Built in 1988 (37 years old).
Condition: Built in 1988, this property is well-maintained with recent updates like new floors and shutters. However, the kitchen features dated white tile countertops with wood trim and older-style white cabinets, along with a mix of appliance finishes. The primary bathroom also shows its age with dated pink walls, an older vanity style, and fluorescent lighting. While clean and functional, the kitchen and bathrooms would require significant cosmetic updates to meet current aesthetic standards, aligning with the 'Fair' category for properties built over 20 years ago with outdated major components.
Year Built
1988
Close
-
List price
$279K
Original List price
$325K
Price/Sqft
$276
HOA
$475
Days on market
-
Sold On
-
MLS number
219136372DA
Home ConditionFair
Features
Good View: Pool
Patio
ViewPool
About this home
Welcome to this turnkey furnished ground floor retreat in the heart of Palm Springs! This well-maintained 2 bedroom, 2 bath condo is clean, spacious and offers a large primary suite with double vanities, two large closets and views of the sparkling pool and spa. The home features new floors, shutters throughout, a large enclosed patio with an additional storage closet, indoor laundry, a covered parking space and plenty of guest parking. La Palme is conveniently located near downtown Palm Springs and offers resort style amenities including 6 pools, 3 tennis courts, EV charging stations and beautiful landscaping. The HOA dues also include cable, wifi, water and trash.
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•1.6mi
4/10
Raymond Cree Middle School
Public,•6-8•2.4mi
6/10
Palm Springs High School
Public,•9-12•0.4mi
4/10
Desert Learning Academy
Public,•K-12•0.5mi
Condition Rating
Fair
Built in 1988, this property is well-maintained with recent updates like new floors and shutters. However, the kitchen features dated white tile countertops with wood trim and older-style white cabinets, along with a mix of appliance finishes. The primary bathroom also shows its age with dated pink walls, an older vanity style, and fluorescent lighting. While clean and functional, the kitchen and bathrooms would require significant cosmetic updates to meet current aesthetic standards, aligning with the 'Fair' category for properties built over 20 years ago with outdated major components.
Pros & Cons
Pros
Prime Location & Turnkey: Strategically located in the heart of Palm Springs, offering convenient access to downtown, and presented as turnkey furnished for immediate occupancy or rental.
Resort-Style Community Amenities: The La Palme community boasts extensive resort-style amenities, including 6 pools, 3 tennis courts, and EV charging stations, enhancing lifestyle and appeal.
Comprehensive HOA Inclusions: HOA dues provide exceptional value by covering cable, WiFi, water, and trash, simplifying monthly budgeting for residents.
Updated Interior & Practical Features: The condo features recent upgrades such as new floors and shutters, complemented by practical amenities like indoor laundry, a covered parking space, and an enclosed patio with extra storage.
Desirable Primary Suite & Pool Views: A spacious primary suite offers double vanities and two large closets, with direct views of the sparkling pool and spa, creating a serene living environment.
Cons
Significant Monthly HOA Dues: The $475 monthly association fee, while inclusive of many services, represents a notable recurring cost that potential buyers must consider.
Property Age: Built in 1988, the property is over 35 years old, which could imply potential future maintenance requirements for original systems or components, despite recent cosmetic updates.
Price Reduction History: Multiple price reductions from the original list price may indicate initial overpricing or a slower market interest, potentially affecting perceived market value.