572 S Sunrise #24 Way, Palm Springs, California 92264, Palm Springs, 92264 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$399,999
572 S Sunrise #24 Way, Palm Springs, California 92264
2Beds
2Baths
1,199Sqft
1,429Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location & Walkability: Situated in the heart of Palm Springs, this condo offers exceptional walkability to shopping and restaurants, enhancing convenience and lifestyle.
Top Cons:
High Monthly Association Fee: The $600 monthly association fee is substantial and could significantly impact the overall cost of ownership and affordability.
Compared to the nearby listings
Price:$400.0K vs avg $439.4K ($-39,451)41%
Size:1,199 sqft vs avg 1,307 sqft42%
Price/sqft:$334 vs avg $33848%
More Insights
Built in 1973 (52 years old).
Condition: The condo, built in 1973, is over 50 years old. While some updates like the kitchen backsplash, wood-look tile flooring, and one bathroom shower have been completed, the kitchen appliances are white and the cabinet/countertop styles are dated. Bathroom vanities also appear older. The living room has a popcorn ceiling. The property is well-maintained and functional but shows its age and would benefit from further cosmetic updates to align with current trends.
Year Built
1973
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
$334
HOA
$600
Days on market
-
Sold On
-
MLS number
IG25222115
Home ConditionFair
Features
Patio
ViewCourtyard
About this home
Exceptional opportunity to own this beautiful condo located in the heart of Palm Springs, walking distance to shopping and restaurants. Current owner just purchased this home and unfortunately has to sell quickly. His loss is you gain! this condo comes partially furnished with all appliances, single car garage and single carport. This is a rare opportunity to purchase a condo in this location on FEE simple land at this price.
Nearby schools
4/10
Cahuilla Elementary School
Public,•K-5•0.7mi
4/10
Raymond Cree Middle School
Public,•6-8•2.1mi
4/10
Desert Learning Academy
Public,•K-12•0.4mi
6/10
Palm Springs High School
Public,•9-12•0.7mi
Condition Rating
Fair
The condo, built in 1973, is over 50 years old. While some updates like the kitchen backsplash, wood-look tile flooring, and one bathroom shower have been completed, the kitchen appliances are white and the cabinet/countertop styles are dated. Bathroom vanities also appear older. The living room has a popcorn ceiling. The property is well-maintained and functional but shows its age and would benefit from further cosmetic updates to align with current trends.
Pros & Cons
Pros
Prime Location & Walkability: Situated in the heart of Palm Springs, this condo offers exceptional walkability to shopping and restaurants, enhancing convenience and lifestyle.
Fee Simple Ownership: A significant advantage in the Palm Springs market, this property is on fee simple land, providing full ownership rights rather than a leasehold.
Value Opportunity: The current owner's need for a quick sale after a recent purchase presents a potential gain for the buyer, indicating a motivated seller and competitive pricing.
Included Amenities & Move-in Ready: The condo comes partially furnished with all appliances, offering a convenient, move-in ready solution and added value for the new owner.
Dedicated Parking: The property includes both a single-car garage and a single carport, providing valuable and convenient dedicated parking options.
Cons
High Monthly Association Fee: The $600 monthly association fee is substantial and could significantly impact the overall cost of ownership and affordability.
Age of Property: Built in 1973, the condo is over 50 years old, which may suggest dated systems, finishes, or potential for future renovation and maintenance expenses.
Limited Courtyard View: The property offers a 'Courtyard' view, which is generally less desirable compared to mountain, pool, or city views often sought after in Palm Springs.