Excellent opportunity to acquire a single-story condominium within the desirable Palm Lakes gated community in Palm Desert, California.
This 2-bedroom, 1-bathroom residence offers approximately 888 square feet of living space, a functional great-room layout, and a private fenced yard with patio.
The property features tile flooring, granite countertops in the kitchen and bathroom, central heating and air conditioning, and an interior laundry closet, according to prior listing information. Its single-story configuration offers the additional benefit of having no residential units directly above or below.
PROPERTY HIGHLIGHTS
Property Type: Condominium
Bedrooms: 2
Bathrooms: 1
Living Area: 888 Sq. Ft.
Year Built: 1987
Single-Story Layout
Private Fenced Yard and Patio
Central Heating and Air Conditioning
Interior Laundry Closet
Assigned Parking
Gated Community
Community Pools and Spas
Fitness Center and Clubhouse
Tennis and Recreational Facilities
HOA $414/mo (Buyer to verify)
INVESTMENT HIGHLIGHTS
Established Palm Desert Community: Situated within the Palm Lakes development, offering landscaped grounds, water features, recreational amenities, and controlled-access entry.
Desirable Floor Plan: Single-story residence with two bedrooms, an open living area, and private outdoor space.
Potential Value-Add Opportunity: Investors can evaluate opportunities to refresh interior finishes, modernize the property, and maximize resale or rental appeal.
Comparable Sales: An identical-sized 2-bedroom, 1-bathroom unit within the same development sold for $270,000 in June 2026. A larger 2-bedroom, 2-bathroom unit sold for $270,000 in September 2026.
Rental Potential: Comparable two-bedroom residences within the community are currently advertised around $2,000 per month, depending on condition and features.
POTENTIAL INVESTMENT STRATEGIES
Renovation and Retail Resale
Long-Term Rental
Seasonal Rental, Subject to HOA and Local Restrictions
Buy and Hold
Conveniently situated in Palm Desert with access to shopping, dining, golf courses, and the surrounding Coachella Valley.
CONTACT/TEXT
Matt Garabedian – 559-978-2241
EMAIL: mgarabedian@investorliftdealdesk.com
All property details, HOA fees, rental restrictions, condition, comparable sales, and financial projections should be independently verified by the buyer.
More About This Property
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ARV $270,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $286,000.