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155 W Hermosa Place, 5, Palm Springs, CA 92262

$449K1bd · 1ba · 663 sqft
Lot 687 sqft•HOA $541/mo•Condominium•
Active
•10d on market•MLS# 219153552

Property Description

Welcome to 155 Hermosa Place, Unit 5, a gem nestled in the iconic mid-century modern complex, Villa Hermosa, designed by the legendary architect Albert Frey. Situated in the heart of Palm Springs' Old Las Palmas neighborhood, this condo offers a unique investment opportunity with allowed short-term rentals. Step inside this 663-square-foot, 1-bedroom, 1-bathroom residence and be captivated by its modern charm. The stylish kitchen is spacious and equipped with updated appliances, countertops, and lighting, perfect for culinary enthusiasts. The living areas feature newer tile and shutters, providing a sleek and contemporary ambiance. Enjoy the luxury of two private patios, including one of the largest in the complex, offering breathtaking views of the San Jacinto Mountains. Whether you're sipping morning coffee or hosting a twilight dinner party, the outdoor space is a serene retreat. This unit boasts a range of amenities, including assigned parking, a refreshing pool, and convenient laundry facilities within the building. Offered turnkey furnished, this condo is a perfect blend of privacy and community, with cantilevered roofs and a layout that embraces the desert landscape. Experience the captivating simplicity of Frey's International Style of modernism in a location that truly has it all. Right in the heart of downtown and walking distance to all that Palm Springs has to offer.

Features & Amenities

Property Details

Subdivision
Las Palmas - Villa Hermosa
Land Type
Fee
Year Built
2003
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Heating
Central, Forced Air
Cooling
Air Conditioning, Central Air
View
Mountain(s)
Flooring
Tile
City
Palm Springs
Zip Code
92262
County
Riverside
Listed byCompass, Jesse Huskey·760-668-8933

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,270.39
Principal & Interest
Loan Amount
$359,200
Total Interest
$458,140
Total Payment Over 30 Years
$817,340
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Las Palmas - Villa Hermosa

This property is located in Las Palmas - Villa Hermosa, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.

View Las Palmas - Villa Hermosa Listings

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

155 W Hermosa Place, 5, Palm Springs, CA 92262

Las Palmas - Villa Hermosa · Palm Springs · Condominium

$449K
Affordable Tier
Beds
1
Baths
1
Sqft
663
Lot
871 sqft
Year
2003
$/Sqft
$677
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 52.7% above the median closed sale of $294,000. Price per sqft ($677) is a 72% premium to closed comps ($394).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $449K· $677/sqft
Total list price
Closed comps
vs closed median $294K
+$155K (+52.7%)
Active comps
vs active median $244K
+$205K (+84.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $460
+$217 (+47.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
675 Los Felices CirclePalm Springs198211589436$255$150,00015473
420 Villa CourtPalm Springs198111589436$255$150,0009670
1111 Palm Canyon DrivePalm Springs195711525578$824$432,5001768
1111 Palm Canyon DrivePalm Springs195711525584$524$275,0003268
2290 Palm Canyon DrivePalm Springs195811552552$442$244,0007767
Total: 5 · Average1.01.0556517.2$460$250,30075.2
Median552$244,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
155 Hermosa PlacePalm Springs200308/28/202611756436$355,000$345,000$4560.979888
1111 Palm Canyon DrivePalm Springs199509/04/202611525600$315,000$300,000$5710.956276
820 Palm CanyonPalm Springs200609/04/2026117481,482$294,000$294,000$3931.0012076
550 Villa CourtPalm Springs198109/18/202611589436$160,000$155,000$2630.974374
2800 Los FelicesPalm Springs198209/24/202611589779$176,000$169,500$2880.9610074
Total: 5 · Average1.01.0641.4746.6$252,700$252,700$394.2—84.6
Median589$294,000$294,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.