467 S Calle El Segundo D24, Palm Springs, California 92262, Palm Springs, 92262 - 1 bed, 1 bath

467 S Calle El Segundo D24, Palm Springs, California 92262 home-pic-0
ACTIVE UNDER CONTRACT$280,000
467 S Calle El Segundo D24, Palm Springs, California 92262
1Bed
1Bath
568Sqft
Lot
Year Built
1985
Close
-
List price
$280K
Original List price
$280K
Price/Sqft
$493
HOA
$500
Days on market
-
Sold On
-
MLS number
25618919PS
Home ConditionGood
Features
Good View: City Lights, Canyon, Desert, Mountain(s), Panoramic
Deck
Pool
Spa
ViewCity Lights,Canyon,Desert,Mountain(s),Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $280.0K(34th), sqft - 568(3th), beds - 1(38th), baths - 1(37th).

Turnkey Palm Springs 1-Bedroom Condo Short-Term Rental Approved & Income Producing Property. This fully furnished 1-bedroom, 1-bath condo in Palm Springs offers a strong blend of investment potential, vacation rental performance, and turnkey convenience. Positioned on the top floor with mountain views, this unit features a private balcony, mid-century modern design elements, and access to resort-style amenities including a heated pool, multiple hot tubs, and tennis/pickleball courts. This condo is already a proven short-term rental (STR) performer, boasting a 4.96/5 guest rating across 230+ Airbnb stays. The property includes smart lock entry, a fully equipped kitchen, and everything needed for immediate rental or owner use. The gated community offers covered parking, laundry with smart pay, and well-maintained grounds ideal for low-maintenance ownership. Located just a 10-minute walk to downtown Palm Springs, the condo provides quick access to restaurants, shopping, nightlife, and entertainment. It appeals to both vacation renters and long-term tenants, making it an excellent option for buyers seeking a turnkey investment property, a vacation home, or a hybrid live-and-rent model. With its strong occupancy history, flexible use options, and prime location, this condo offers a reliable entry point into the Palm Springs income-property market -buyer to verify all income figures, HOA rules, city rental regulations, and land lease details. Please confirm rental permit requirements directly with the City of Palm Springs.

Nearby schools

4/10
Cahuilla Elementary School
Public,K-50.6mi
4/10
Raymond Cree Middle School
Public,6-82.0mi
4/10
Desert Learning Academy
Public,K-121.2mi
6/10
Palm Springs High School
Public,9-121.4mi

Price History

Date
Event
Price
11/13/25
Listing
$280,000
Condition Rating
Good

Built in 1985, this condo has clearly undergone significant cosmetic updates, making it move-in ready. The kitchen features updated stainless steel appliances (microwave, electric range) and refreshed cabinets, though the countertops appear to be a more basic laminate or solid surface. Flooring in the living areas and bedroom looks like modern wood-look laminate. The overall aesthetic, described as 'mid-century modern design elements,' suggests intentional and recent styling. While no bathroom images are provided, the 'turnkey' description and the property's exceptional 4.96/5 guest rating across 230+ Airbnb stays strongly indicate a well-maintained and appealing condition, with no immediate renovations required. It meets the criteria for 'Good' as systems are well-maintained, and key components have been updated, even if not a full, high-end renovation within the last 5 years.
Pros & Cons

Pros

Proven Short-Term Rental Performance: The property boasts a 4.96/5 guest rating across 230+ Airbnb stays, indicating strong income-producing potential and a reliable track record as a short-term rental.
Prime Walkable Location: Located just a 10-minute walk to downtown Palm Springs, offering convenient access to restaurants, shopping, nightlife, and entertainment.
Turnkey & Fully Furnished: This condo is fully furnished, includes smart lock entry, and a fully equipped kitchen, making it ready for immediate rental or owner use without additional setup costs.
Resort-Style Amenities: Residents and guests have access to a heated pool, multiple hot tubs, tennis/pickleball courts, covered parking, and a gated community, enhancing its appeal and rental value.
Desirable Views & Top Floor: Positioned on the top floor, the unit offers mountain views and a private balcony, contributing to a more desirable living or vacation experience.

Cons

Land Lease Structure: The property is subject to a land lease, requiring buyers to verify details and understand the long-term financial implications and ownership structure.
High Association Fees: The association fee of $500.0 per month is relatively high for a 1-bedroom condo, which could impact net rental income and overall affordability.
Compact Living Space: With 568 square feet, the 1-bedroom unit offers a compact living space, which may limit its appeal to some buyers or for longer-term occupancy.

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