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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.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 11/1/2026 | Tract | Palm Sp Villas I |
|---|---|---|---|
| Year Built | 1981 | Community | 331 - North End Palm Springs |
| County | Riverside |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AMENITIES | Sewer |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Oven, Microwave, Washer |
| AREA | 331 - North End Palm Springs |
| HEAT | Central |
| HOA DUES | 550|Monthly |
| LOT | 623 sq ft |
| LOT DIMENSIONS | 624 |
| PARKING | Detached Carport, Guest |
| POOL DESCRIPTION | Community, Heated, Association |
| STORIES | 1 |
| STYLE | Contemporary |
| SUBDIVISION | Palm Sp Villas I |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s) |
Location
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Listed with Bennion Deville Homes
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