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72611 Edgehill Drive 2, Palm Desert, California 92260, Palm Desert, 92260 - 2 bed, 1 bath

72611 Edgehill Drive 2, Palm Desert, California 92260 home-pic-0
ACTIVE$298,500
72611 Edgehill Drive 2, Palm Desert, California 92260
2Beds
1Bath
840Sqft
430Lot
Year Built
1971
Close
-
List price
$299K
Original List price
$299K
Price/Sqft
$355
HOA
$399
Days on market
-
Sold On
-
MLS number
219132819DA
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $298.5K(8th), sqft - 840(5th), beds - 2(50th), baths - 1(8th).

Priced to sell! Rare opportunity to own an affordable turn-key cash flowing asset. This investor special is located in South Palm Desert which is within a 2-mile radius of all the major Retail and Entertainment the Coachella Valley has to offer. This fully renovated 2-bedroom and 1-bathroom Condo is a perfect entry level rental property for a new investor or a great addition to an investor's real estate portfolio. The owner has fully renovated the unit including white oak engineered floors, new kitchen cabinets, sleek porcelain countertops, brand new stainless steel appliances, can lighting throughout, smooth ceilings, and all new plumbing fixtures and hardware. The unit has a one car garage with garage storage access. The asset will be delivered to its new owner with built in cash flow day one of ownership. The condo community - Indian Creek Villas, has a low HOA which includes community pools and well maintained common areas. This is a solid asset to park capital being in the epicenter of the Coachella Valley's attractions, giving this condo constant rental demand for years to come. Please reach out for Offering Financials. Please do not disturb tenant.

Nearby schools

7/10
Palm Desert High School
Public,•9-12•2.9mi

Price History

Date
Event
Price
07/16/25
Listing
$298,500
Condition Rating
Excellent
Despite being built in 1971, this property has undergone a full and extensive renovation, as stated in the description and confirmed by the images. The interior features new white oak engineered floors, modern white kitchen cabinets with sleek porcelain countertops, brand new stainless steel appliances, and contemporary black fixtures. The bathroom is also fully updated with a new vanity, modern lighting, and a clean tub/shower combo. Recessed can lighting and smooth ceilings throughout contribute to a fresh, modern aesthetic, making the unit virtually new and move-in ready with no deferred maintenance.
Pros & Cons

Pros

Immediate Cash Flow: This property is a turn-key, cash-flowing asset, delivered with a tenant in place, providing immediate income for investors.
Extensive Modern Renovation: The unit has undergone a full renovation with high-quality upgrades including new flooring, kitchen, appliances, lighting, and plumbing fixtures, offering a modern aesthetic.
Prime Location & High Rental Demand: Situated in South Palm Desert, within 2 miles of major retail and entertainment, ensuring strong and consistent rental demand.
Low HOA & Community Amenities: The community features a low HOA fee that includes access to well-maintained common areas and community pools, enhancing value.
Ideal Investor Opportunity: Positioned as an excellent entry-level rental property or a valuable addition to an existing investment portfolio.

Cons

Tenant Occupied: The property is tenant-occupied, which may limit showing flexibility and could impact immediate owner occupancy.
Building Age: Built in 1971, the overall building structure is older, which could lead to potential future common area maintenance or infrastructure concerns.
Compact Layout: With 840 sqft, 2 beds, and 1 bath, the unit offers a compact living space that may not suit all buyer preferences for size or bathroom count.

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