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New

$165,000

589 sqft$280/sqft5 days on market

470 N Villa Court Unit: 209

Palm Springs, CA 92262

· 8% down, 7% APR, 30yr fixed

1

Beds

1

Baths

589

Square feet

1981

Built

Listing narrative

Description

INVESTMENT OPPORTUNITY IN PALM SPRINGS! An affordable entry point into the Palm Springs market with an established tenant already in place. Located in Palm Springs Villas I, this second-floor 1-bedroom, 1-bath condo is occupied with a reliable renter and is currently generating income on a month-to-month tenancy. The residence offers a functional floor plan with living and dining areas, kitchen, private bedroom and full bath. A standout feature is the incredible Palm Springs mountain and desert views from the patio, providing a uniquely desert backdrop. The property is being offered in its current condition with a new central air conditioning unit, still under warranty, creating a care-free opportunity for an investor seeking immediate rental income with the potential to improve and reposition the property in the future. Palm Springs Villas I offers multiple pools and spas, tennis courts, BBQ areas, landscaped grounds and community laundry. The community is conveniently located near the Palm Springs Aerial Tramway, hiking, shopping, restaurants and entertainment, with downtown Palm Springs just minutes away. And an important Palm Springs benefit: FEE LAND you own the land. Whether you're looking to add a Palm Springs property to your investment portfolio or purchase at an approachable price point with future potential, this is an opportunity worth considering.

Listing agent (MLS): Scott Ward · Listing brokerage (MLS): Bennion Deville Homes

Property Details

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Price

$165,000

Beds

1 bd

Type

Condo

Home Size

589 sqft

Baths

1

Lot Size

436 sqft

Year

1981

Neighborhood

Palm Sp Villas I

Status

New

Days on Market

5

$ / Sqft

$280

· 8% down, 7% APR, 30yr fixed
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Courtesy of Bennion Deville Homes