222 N Calle El Segundo APT 504, Palm Springs, CA 92262

2 beds, 2 baths, 944 sqft
Off Market
Zestimate®: $152,296
Rent Zestimate®: $1,538/mo
 
 
 
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Plaza Villas is perfectly located within Palm Springs because it is within walking distance to the center of the village, spa casino, convention center and, of course, all the best restaurants PS has to offer. This complex is valuable as rental property, weekends from LA or SD, 2nd homers from anywhere and certainly permanent PS residents. Buy it! Use it! Rent it out when you want to be elsewhere. Weekly rentals are permitted at this complex. This year the owner rented Jan for $2,500, Feb for $3,000 and a week in March for $1,050. In 2008, this unit was rented to one renter for Jan, Feb, and Mar for $2,500 per month. These are excellent rents mainly because of the location of the unit within the complex (close to entry gate, and close to the pool), it's on the lower level and across the street from the Spa casino. The condo now contains a two-suite space. Both bedrooms can be closed off with their separate doors provided total privacy. Buy it, use it and/or rent it to pay for itself.  MoreLess
 
Facts
  • Condo
  • Built in 1983
  • Cooling: Central
  • Last sold: Feb 2011 for $136,500
Features
  • Fireplace
    Construction
    • # Stories: 2.0
    • Unit count: 1
    Other
    • Floor size: 944 sqft
    • Parcel #: 009609379
    • Zillow Home ID: 17745782
    Home Values
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    $152,296
    -$15,924 Last 30 daysd
    $143K
    $160K
    Zestimate range
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,538/mo
    -$44 Last 30 daysd
    $1.1K
    $2.3K
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    Neighborhood for 222 N Calle El Segundo APT 504

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    Zillow predicts 92262 home values will increase 14.3% next year, compared to a 13.7% rise for Palm Springs as a whole. Among 92262 homes, this home is valued 52.7% less than the midpoint (median) home, and is valued 21.8% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 92262, the number of foreclosures waiting to be sold is 43.6% higher than in Palm Springs, and 27.3% lower than the national average. This higher local number may prevent 92262 home values from rising as quickly as other regions in Palm Springs.

    Learn more about forecast calculations or 92262 home values.
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       Other Units in this Building (1)ZestimateBedsBathsSqft

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      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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