130 W Racquet Club Road #511, Palm Springs, CA 92262
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
130 W Racquet Club Road #511,Palm Springs, CA 92262
$540,000
- 2 Beds
- 2 Baths
- - sq. ft.
- Condominium
- Sold
Listed by: tim schneider
Office: bennion deville homes
MLS#:219142106PS
Source:CRMLS
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Price summary
- Price:$540,000
- Monthly HOA dues:$665
About this home
130 W Racquet Club Road #511. a cosmetic fixer:Financial & Investment HighlightsValue Play: Listed at $575,000, which sits significantly below the recent comparable sales of $720k-$725k for the same floor plan.Rental Flexibility: Unlike many Palm Springs communities, this complex has no 30-day minimum rental requirement, making it a prime candidate for short-term rental income.Make sure to check with the city on permit availability.Ownership: You own the land (Fee Simple), meaning there are no land lease payments to worry about.HOA Coverage: The monthly dues include essential maintenance like water, trash, roof, exterior painting, and community landscaping.Property Features:Modern Bones: High 10ft ceilings with updated double-pane windows and a ''newish'' HVAC system and water heater reduce the immediate need for major mechanical capital expenditures.Private Amenities: This unit stands out with a private pool, west-facing backyard, and outdoor fireplace, plus three separate patios.Layout & Access: A 2-bedroom, 2-bath configuration. Uniquely, this is one of only two units with an entrance outside the main gates, offering easier access for guests.The ''Cosmetic Fixer'' Opportunity:Since the bathrooms, kitchen, and major systems are already somewhat updated or ''newish,'' the ''fixer'' aspect refers to flooring, paint, landscaping and a few HOA mandated corrections. With the spread between the asking price and recent comps, there is substantial room for equity growth or profit after a light renovation....
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Home facts
- Year built:1979
- Listing ID #:219142106PS
- Added:68 day(s) ago
- Updated:April 05, 2026 at 06:35 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Electric Range, Microwave, Refrigerator
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Roof:Foam
- Year built:1979
- Lot Features:Back Yard, Corner Lot, Sprinkler System
- Architectural Style:Contemporary, Modern
- Construction Materials:Stucco
- Levels:1 Story
Finances and disclosures
- Price:$540,000
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
- Laundry features:Laundry Closet
- Amenities:Controlled Access, Gated Community, High Ceilings, Maintenance Grounds
- Pool features:Community Pool, In Ground, Private Pool
Parking
- Total parking spaces:3
- Parking description:1 Carport Space(s), Assigned, Community Structure, Covered, Detached Carport, Guest
- Carport spaces:1
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