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470 North Villa Court, 209, Palm Springs, CA 92262

$165K1bd · 1ba · 589 sqft
Lot 624 sqft•HOA $550/mo•Condominium•
Active
•1d on market•MLS# PS-26993115

Property 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.

Features & Amenities

Property Details

Subdivision
Palm Springs Villas I
Land Type
Fee
Year Built
1981
Property Type
Residential
Property Subtype
Condominium
Heating
None, Central
Cooling
Central Air
View
Mountain(s), Pool, Water
Flooring
Carpet, Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byBennion Deville Homes, Scott Ward

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$834.33
Principal & Interest
Loan Amount
$132,000
Total Interest
$168,359
Total Payment Over 30 Years
$300,359
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Palm Springs Villas I

This property is located in Palm Springs Villas I, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

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