ActiveResidential · sale

1111 E Ramon 103

Palm Springs, CA 92264

$389,900

  • 2 beds
  • 2 baths
  • 1,069 sq ft
  • Built 1980

Listed by ERA North Orange County · MLS #PW26126862

1111 E Ramon 103, Palm Springs, CA 92264 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1980.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to an exceptional opportunity in the highly desirable Ramona Villas gated community a celebrated modern development designed by renowned architect Richard Harrison and ideally located in the vibrant Warm Sands neighborhood of Palm SpringsSituated on fee simple land you own the land this desirable singlestory condo offers the perfect blend of privacy style and convenience just moments from the restaurants shopping entertainment and nightlife of downtown Palm SpringsTucked along a charming pathway this ideally positioned home welcomes you through a private gate into an expansive courtyard retreat The oversized outdoor living space features custom artificial turf a power awning for comfortable shade a spacious patio for outdoor dining and entertaining and breathtaking mountain views that create the perfect backdrop for enjoying the Palm Springs lifestyleInside the lightfilled open floor plan immediately impresses with cool tile flooring generous living and dining spaces and large sliding glass doors that seamlessly connect indoor and outdoor living A unique advantage of this location is the absence of a neighboring unit directly behind allowing for additional natural light through a large dining area windowThe kitchen showcases colorful cabinetry stainless steel appliances and upgraded countertops creating a functional and inviting spaceA standout feature of the home is the secondary bedroom equipped with a custom motorized wall system that can open directly to the living area providing exceptional flexibility as a guest room office den or creative spaceThe spacious primary suite serves as a private sanctuary featuring a wall of mirrored closets an additional closet for extra storage direct access to the courtyard patio and an ensuite bath with a large vanity and walkin shower The generously sized guest bedroom is conveniently located across from the second bathroom which offers a tubshower combination An indoor laundry closet adds everyday convenienceResidents of Ramona Villas enjoy resortstyle amenities including a saltwater pool and spa beautiful clubhouse fitness center and tennis courtall within a secure gated communityWhether youre seeking a fulltime residence seasonal getaway or investment in one of Palm Springs most soughtafter neighborhoods this exceptional home delivers the best of desert living with style comfort and locationYour Palm Springs retreat awaits
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THE NEIGHBORHOOD

Explore the location.

1111 E Ramon 103, Palm Springs, CA 92264

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1980
Full baths
2
Garage spaces
0
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,FreeStandingRange,Disposal,GasRange,Refrigerator,Dryer,Washer
Flooring
Carpet,Tile
Utilities
ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
Fencing
Block
Pool
No
Pool features
Community,Filtered,Heated,InGround,SaltWater,Association
Spa
Yes
Subdivision
Ramona Villas (33486)
Parcel
508222002
HOA
Ramona Villas
HOA amenities
Clubhouse,ControlledAccess,FitnessCenter,Pool,PetRestrictions,Sauna,SpaHotTub,TennisCourts,Trash,Water
HOA fee frequency
Monthly
HOA fee
$463.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$1,624.58
Cap rate—

Annual operating income: —

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

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Contact ERA about this property

Ask about this property.

1111 E Ramon 103, Palm Springs, CA 92264 · MLS #PW26126862

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Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Property inquiries go to help@erabrokers.com.

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Listing information

MLS #PW26126862 · California Regional MLS

Listing brokerage: ERA North Orange County
Listing agent: Mark Johnson

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.