Condo for sale at 2857 N Los Felices Road 104

Overview

Investors and homeowners can have everything they want with this first story condo on fee-land within feet to the pool, laundry, and parking lot. This lovely 1 bedroom 1 bath condo has some important upgrades already in place. The white cabinets and light colored granite counter tops help bring out depth in the kitchen. The sellers continue using the light colored theme into the bathroom which helps the room feel bigger. The bathroom has important upgrades including the vanity cabinet with sink, fixtures and lighting. The best features of the living room is the light that comes in this unit in the afternoon, which is also true in the bedroom. The bedroom has great plantation shutters and is clean and carpeted. *Tenant belongings and furniture were digitally removed to protect their privacy and to better view the condo interior.Investors and second home buyers have the option of retaining the good tenants for the long-term or collecting 2-4 months rent before occupancy. The payback period is less than 12 years and does not consider rent appreciation or the TVM. There is room to add $300/month rent increase for the next tenants. Buyers have your agent call to discuss occupancy at COE; sellers are open to all options.The Palm Springs Villas are great for short-term, long-term, second home, or affordable home. Low HOA $365, tennis courts, shaded lush grounds, covered parking and the easy access to LA makes this a perfect investment.

MLS #

219054918DA

Listed on

2020-12-28

Status

Sold

Price

$148,500

Type

Residential

Size of home

589

Beds / Baths

1 / 1.00

Size of lot

623

Community

Palm Springs Villas 1

Location address

2857 Los Felices RD #104
Palm Springs 92262

General Information

Original List Price

$152,000

Price Per Sq/Ft

$252

Furnished

No

Floor #

1

HOA Fee

$365

Land Type

Fee

Land Lease Expires

N/A

Association Amenities

Assoc Maintains Landscape, Guest Parking, Onsite Property Management, Tennis Courts

Community Features

Community Mailbox

Pool

Yes

Spa

Yes

Year Built

1981

Flooring

Carpet, Linoleum, Other

Appliances

Microwave

Patio Features

Concrete Slab

Laundry

Community

Fireplace

No

Heating Type

Electric, Forced Air, Natural Gas

Cooling Type

Air Conditioning, Central

Parking Spaces

4

Parking Type

Carport Detached, Detached, Parking for Guests, Side By Side

Courtesy of: Laura Artman / Bennion Deville Homes

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1 Beds
1.00 Baths
589 sq ft.