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Image 1 - 1111 E Palm Canyon Dr Unit 118, Palm Springs, California, 92264 - Condo for sale

Image 2 - 1111 E Palm Canyon Dr Unit 118, Palm Springs, California, 92264 - Condo for sale

Image 3 - 1111 E Palm Canyon Dr Unit 118, Palm Springs, California, 92264 - Condo for sale

Image 4 - 1111 E Palm Canyon Dr Unit 118, Palm Springs, California, 92264 - Condo for sale

Image 5 - 1111 E Palm Canyon Dr Unit 118, Palm Springs, California, 92264 - Condo for sale

Image 6 - 1111 E Palm Canyon Dr Unit 118, Palm Springs, California, 92264 - Condo for sale

Image 7 - 1111 E Palm Canyon Dr Unit 118, Palm Springs, California, 92264 - Condo for sale

Image 8 - 1111 E Palm Canyon Dr Unit 118, Palm Springs, California, 92264 - Condo for sale

Condo For Sale In Palm Springs, California

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

Condo For Sale In Palm Springs, California

condo for sale

Listed: 05/27/24

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

1 Bed:

1 Bath:

525 Sq Ft Living Area:

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Price

$ 395,000

Price: Increased

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About This Condo

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.

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Condos for sale in Palm Springs

Original listing

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Palm Springs Housing & Living

Average sale prices for condos

1 bed

2 bed

3 bed

Show as List Show as Graph

Month	Median Price
Jun 2024	$265,423 (-6.4%)
May 2024	$283,545 (+2.8%)
Apr 2024	$275,796 (0%)
Mar 2024	$275,796 (0%)
Feb 2024	$275,796 (0%)
Jan 2024	$275,796 (+1.1%)

In June 2024, the asking price for 1 bed condos for sale in/near Palm Springs, United States averaged $265,423, a decrease of 6.4% from the previous month.

Median price trends for properties for sale in Palm Springs, United States as of June 2024.

Household Income

Median household income: $48,126

Number of households: 23,551

The average household income in Palm Springs, CA grew from $46,059 to $48,126 in the past year. This data is an estimate based upon 23,551 households in Palm Springs, CA.
The chart below presents how household income is distributed in Palm Springs, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Palm Springs, CA compared to median property taxes around the country. The prevalent amount of property taxes in Palm Springs, CA equals $3k+ , which is more than the national average.

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