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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
Listing Office: Compass
Listing Agent: Luke Smith
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.

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Hi, I'm Darlene Harwick and I provide real estate service to buyers and sellers in the Palm Springs area.

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