Prime Palm Springs investment opportunity just 5 minutes from Downtown. Located in the highly sought-after Palermo community, this modern-style condo sits on fee landyou own it outrightmaking it especially attractive to investors. The HOA provides excellent value and includes water, trash, roof, and maintenance of common grounds, along with access to resort-style amenities featuring two community pools with heated spas, BBQ areas, and stunning views of the San Jacinto Mountains. Enjoy easy access to the I-10 freeway and quick proximity to downtown shops, restaurants, bars, and hiking trails. Known for its clean modern design and strong rental demand, Palermo remains one of Palm Springs' most desirable communities. Whether used as a second home, seasonal rental, or full-time residence, this low-maintenance property offers lifestyle appeal, rental potential, and long-term valuetruly a hidden gem for savvy investors.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Other Rooms
Appliances
Heating and Cooling
- Cooling Features: Air Conditioning
- Heating Features: Central
- Heating: Yes
Interior Features
- Furnished Description: Furnished Or Unfurnished
- Flooring: Stained Concrete
Pool and Spa
- Pool Features: Association Pool, Heated And Filtered, In Ground, Community
- Spa Features: Association Spa, Community, Heated, In Ground
- Spa: Yes
Garage and Parking
- Covered Spaces: 1
- Parking Features: Attached, Carport
Land Info
- Lot Size Source: Assessor
Home Features
- View: Mountains
- Other Equipment: Barbeque, Cable, Ceiling Fan, Dishwasher, Dryer, Electric Dryer Hookup, Freezer, Garbage Disposal, Microwave, Washer, Range/Oven, Refrigerator, Water Filter
- Security Features: Community, Gated
Rental Info
Homeowners Association
- Association: Yes
- Association Amenities: Assoc Barbecue, Clubhouse, Billiard Room, Fitness Center, Guest Parking, Spa
- Association Fee: 590
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 590
- Pet Features: PetsPermitted
Multi-Unit Info
Other Property Info
- Source Listing Status: Active
- County: Riverside
- Directions: From the 10 freeway, exit off Indian Canyon and head South towards Downtown, Palermo is on the left hand side. From Downtown, head north up Indian Canyon, Palermo is on the right handside.
- Source Property Type: Residential
- Area: Palm Springs North End
- Property Subtype: condo
- Source Neighborhood: Palm Springs North End
- Parcel Number: 669-722-041
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 833
- Year Built: 2007
- Building Exterior Type: Stucco
- Building Name: Palermo
- Common Walls: Attached
- Levels: One Level
- Living Area Source: Vendor Enhanced
- Property Age: 19
- Roof: Rock
- Levels or Stories: 1
- Structure Type: Condominium, Attached
- House Style: Modern
- Year Built Source: Vendor Enhanced
Accessibility Features