5265 E Waverly Drive, 72, Palm Springs, CA 92264
$325,000
Property Type:
Residential
Bedrooms:
2
Baths:
2
Square Footage:
945
Status:
Closed
Current Price:
$325,000
List Date:
4/04/2025
Last Modified:
5/14/2026
Description
Turnkey Palm Springs Investment Opportunity on FEE Land - Seller Offering to Cover Buyer's Closing Costs!
Welcome to 5265 E Waverly Dr #72—a bright, updated 2-bedroom, 2-bath upper-level condo in the highly desirable Palm Canyon Villas. The seller is motivated and will cover the buyer's closing costs when using the seller's preferred escrow company, making this an exceptional opportunity for savvy buyers or investors.
Whether you're seeking a full-time residence, weekend escape, or income-producing vacation rental, this property checks all the boxes—and it's located on fee land (you own the land, no lease fees!).
Inside, you'll find a stylish open layout with vinyl plank flooring, upgraded bathrooms, and a well-appointed kitchen. The primary suite offers generous closet space, while the second bedroom is ideal for guests or a dedicated office. In-unit laundry and a brand-new AC installed in September 2024 add year-round comfort and convenience.
Unwind on the spacious private balcony with sparkling pool views, or head down to enjoy one of the community's multiple pools, spas, or tennis courts. Ideally located near Trader Joe's, Starbucks, Target, and all the best of Palm Springs, this condo is perfectly positioned for both lifestyle and investment.
Turnkey, low-maintenance, and ready to go—don't miss out on this deal-sweetened opportunity in sunny Palm Springs!
More Information MLS# 219127656
Listing, Location and Property Info
Entry Date: 2025-04-01
Land Type: Fee
Unit #: 72
General Property Information
Fireplace: No
Building # of Stories: 2
Pool: Yes
Garage: No
Sprinklers: No
Furnished: Turnkey
Total Bedrooms: 2
Full Baths: 2
Approx SqFt: 945
Total Baths: 2
SqFt Source: Assessor
Lot Size: 871
Lot Size Source: Assessor
Year Built: 1979
Cross Streets: Waverly Drive and Golf Club Dr
Listing Info
Short Term Rentals: No
Rental Restrictions: Yes
Will Consider Lease: No
Tax Info
Tax Mello Roos: Unknown
Property Info
View: Yes
Golf Course Within Development: No
Senior Community: No
Gated Community: No
PUD Y/N: No
Total Monthly Association Fees: 485
Sale Type
Standard: 1
Listing Terms
Cash: 1
Cash to New Loan: 1
Possession
Close Of Escrow: 1
Parking Spaces/Information
Total Covered Spaces: 0
Total Uncovered/Assigned Spaces: 0
View Type
Pool: 1
Disclosures
Property As Is: 1
Levels
Top: 1
Unit Location
End Unit: 1
Top Floor: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Electric Range: 1
Refrigerator: 1
Washer: 1
Flooring
Vinyl: 1
Cooling Type
Air Conditioning: 1
Pool Location
Community: 1
Pool Construction
In Ground: 1
Pool Description
Community: 1
Spa/Hot Tub Construction
In Ground: 1
Spa/Hot Tub Description
Community: 1
Heating
Central: 1
Rooms
Dining Area: 1
Living Room: 1
Laundry
In Closet: 1
Security Safety
None: 1
Sewer
In Street Paid: 1
Parking
Other: 1
HOA Information
HOA: Yes
HOA Fee 1: 485
Association Amenities
Guest Parking: 1
Maintenance Grounds: 1
Other Courts: 1
Tennis Courts: 1
Association 1 Frequency
Monthly: 1
Association Information
Association Name: Palm Canyon Villas
Contingent Upon
Appraisal: 1
Inspection: 1
Loan Approval: 1
Land Lease Type
Fee Simple: 1
DPR
DPR Eligible: Yes
Listing Location and Property Info
APN: 681295012
Status: Closed
Listing Date: 2025-04-01
Original List Price: 325000
Sold Price: $325,000
Current Price: $325,000
Property Sub-Type: Condominium
Street #: 5265
Street Direction: E
Street Name: Waverly
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92264
Area: 334 - Palm Springs South End
Country: US
Status Change Info
Status Change Date: 2025-08-19
Pending Date: 2025-08-08
Closed Date: 2025-08-19
Closed Price: 325000
Property Features
Sale Type: Standard
Listing Terms: Cash; Cash to New Loan
Possession: Close Of Escrow
View Type: Pool
Disclosures: Property As Is
Levels: Top
Unit Location: End Unit; Top Floor
Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Refrigerator; Washer
Flooring: Vinyl
Cooling Type: Air Conditioning
Pool Location: Community
Pool Construction: In Ground
Pool Description: Community
Heating: Central
Rooms: Dining Area; Living Room
Laundry: In Closet
Security Safety: None
Sewer: In Street Paid
Parking: Other
Association 1 Frequency: Monthly
Association Amenities: Guest Parking; Maintenance Grounds; Other Courts; Tennis Courts
Contingent Upon: Appraisal; Inspection; Loan Approval
Land Lease Type: Fee Simple
Documents
Listing Office:
Compass
Listing Agent:
Luke Smith
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.
Preliminary Title Report ›