471 S Calle El Segundo #C16 Palm Springs, CA 92262

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.