new - 2 days on rocket

1111 E Palm Canyon Dr Unit 118, Palm Springs, CA, 92264

$360,000

Home List Price

$4,275*

Closing Credit

1 Bedroom
1 Full Bath
525 SqFt
$686/SqFt
Condo

Location

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1111 E Palm Canyon Dr Unit 118, Palm Springs$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingUnassigned
Year Built1995
HeatingCentral, Electric
CoolingElectric
ViewMountain(s)
Private PoolYes
MLS #219122091DA
Lot Size0.00 Acres
StatusActive

About 1111 E Palm Canyon Dr Unit 118

Welcome to Ocotillo Lodge in Palm Springs! This iconic building was built by the Alexanders in 1957 and designed by architects William Krisel and Dan Palmer. The hotel was purchased in 1963 by Gene Autry and from 1968 to the 1990's Jerry Buss (owner of LA Lakers) was the owner and operator. The Ocotillo Lodge was converted to condos in 1995. This condo is on fee land (you own) in close proximity to downtown Palm Springs. The HOA includes community landscape, all utilities (electric, water), wi-fi,internet, trash, cable, pool/spas and clubhouse including gym. The pool is shaped like a champagne cork and there are plenty of lounge chairs and umbrellas to enjoy. Short term rentals allowed with permit from Palm Springs City. The Mills Act is approved for this building so you may qualify for tax reduction.

Property Details

Property Features

Property Information:

  • Year Built: 1995
  • Stories: 2
  • Living Area: 525 SqFt

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (760) 621-0395
  • Listing Agent: Nadira Lee

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Flooring Type: Tile
  • Interior: Breakfast Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Mountain(s)

Parking Information:

  • Attached Garage: No
  • Parking: Unassigned

Lot Features

Lot Information:

  • Lot: Close to Clubhouse
  • Lot Size: 0.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Electric

Other

Directions Information:

  • Directions: On Highway 111 opposite Elmers.Please use GPS. Cross Street: Highway 111 and William Krisel Way.

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000
  • Price Per SqFt: $686/SqFt

HOA Fees:

  • Amount: $727
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,338
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Springs, CA.

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Palm Springs, CA

City

Med. Sold Price

$641.7K

Med. Price/SqFt

$422

Avg. Days On Market

55

# of Sold Homes

87

1111 E Palm Canyon Dr Unit 118 vs Palm Springs

2 DAYS ON ROCKET

-53 Days

$360,000

-$281.7K Less

$686/SqFt

+$263 More

KEY TAKEAWAY

This property is $281.7K less than the Median Sold Price and $263/SqFt more than other homes in Palm Springs, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219122091DA

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (760) 621-0395
  • Listing Agent: Nadira Lee

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/6/2025, 9:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 15, 2021Home Sold
$295,000
Jun 10, 2013Home Sold
$120,000
Feb 13, 1996Home Sold
$22,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,338$169,511
2020$2,338$167,774
2018$2,261$161,261
2017$2,168$158,100

History based on county public records data.

Payment Calculator

$2,591

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-738735
6
/10

  • Cahuilla Elementary School

  • 833 E Mesquite Ave

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-738736
5
/10

  • Katherine Finchy Elementary School

  • 777 E Tachevah Dr

  • 2.48 miles

  • Public District Grades KG-5

school-card-donut-738737
2
/10

  • Agua Caliente Elementary School

  • 30800 San Luis Rey Dr

  • 3.15 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,537. The majority of Palm Springs, CA residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1111 E Palm Canyon Dr Unit 118

What is the listing price of this property?

The listing price of 1111 E Palm Canyon Dr Unit 118 property is $360,000.

What type of property is this?

The property 1111 E Palm Canyon Dr Unit 118 is a condo located in Palm Springs, California, 92264.

Is this property for sale now?

Active Listing: 1111 E Palm Canyon Dr Unit 118 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,338 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 15, 2021 for $295,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1111 E Palm Canyon Dr Unit 118 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1111 E Palm Canyon Dr Unit 118 is 525 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1111 E Palm Canyon Dr Unit 118 is 1995.

Rocket Homes›California›Riverside County›Palm Springs›92264›1111 E Palm Canyon Dr Unit 118

This home is located at 1111 E Palm Canyon Dr Unit 118 in Palm Springs, CA and zip code 92264 in the Twin Palms neighborhood. This 525 square foot home, which was built in 1995, sits on a 0.00 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $360,000.

In December 2024 more than 4 listings in Palm Springs, CA were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 66 were sold below. Between November 2024 and December 2024, Palm Springs, CA real estate market has seen increase in the number of listings by 2.7%. In December 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $641,700.

From Rocket Homes Real Estate and based on county public records data.

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