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471 S Calle El Segundo #C16 Palm Springs, CA 92262
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Key Details
Sold Price $289,900
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 568 sqft
Price per Sqft $510
Subdivision Biarritz
MLS Listing ID 219097546PS
Sold Date 09/05/23
Bedrooms 1
Three Quarter Bath 1
Condo Fees $422
Construction Status Updated/Remodeled
HOA Fees $422/mo
HOA Y/N Yes
Land Lease Amount 1519.0
Year Built 1985
Lot Size 871 Sqft
Property Description
The perfect INVESTMENT OPPORTUNITY or winter getaway in the heart of Palm Springs! Unit C16 at the Biarritz is a completely renovated (2020), turn-key furnished, 1BR condominium offering the prime location in the community - overlooking the beautiful community pool with a spectacular view of Mt San Jacinto. The Biarritz is a rare investment opportunity with NO SHORT-TERM RENTAL RESTRICTIONS. Unit C16 grossed $41K in rental income in 2022. Community features a heated pool, two hot tubs, gated garage parking and two tennis courts. HOA fee covers property insurance, water, sewer, internet and cable TV! Owner has invested over $53K in upgrades and furnishings, including: new cabinets in kitchen and bath, new countertops, new appliances, new laminate flooring throughout, new double pane energy efficient sliding doors, new light fixtures and ceiling fans, new LED recessed can lights, new interior doors and hardware, new shower base, tile, sliding shower door, plumbing fixtures, commode and vanity in bathroom. Property is back on market with an improved price after sellers completed a few additional improvements. ***** LAND LEASE EXPIRES IN 2046 - HOA has not yet negotiated an extension. Financed loans would need to be 15 years or less.
Location
State CA
County Riverside
Area 332 - Central Palm Springs
Rooms
Ensuite Laundry Common Area, In Garage
Interior
Interior Features Balcony, Separate/Formal Dining Room, Furnished, Open Floorplan, Recessed Lighting, All Bedrooms Up
Laundry Location Common Area,In Garage
Heating Central, Forced Air, Natural Gas
Flooring Laminate
Fireplace No
Appliance Dishwasher, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Water To Refrigerator
Laundry Common Area, In Garage
Exterior
Garage Assigned
Garage Spaces 1.0
Garage Description 1.0
Pool Community, Gunite, Electric Heat, In Ground
Community Features Gated, Pool
Utilities Available Cable Available
Amenities Available Controlled Access, Gas, Maintenance Grounds, Hot Water, Management, Pet Restrictions, Tennis Court(s), Trash, Cable TV, Water
View Y/N Yes
View Desert, Mountain(s), Panoramic, Pool
Parking Type Assigned
Attached Garage Yes
Total Parking Spaces 2
Private Pool Yes
Building
Lot Description Sprinkler System
Story 3
Entry Level One
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Schools
School District Palm Springs Unified
Others
HOA Fee Include Sewer
Senior Community No
Tax ID 009610390
Security Features Gated Community,Key Card Entry
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Jennifer Christenot • Fathom Realty Group Inc.
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