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155 W Hermosa Place #3Palm Springs, CA 92262

Condo/Townhouse · 1 Bed · 1 Full Bath · 756 Sq. ft. | 0.01 Acres
$405,000 Active

155 W Hermosa Place #3 Overview

Time on Site:
90 days
Visits:
0

Major Price Reduction! Palm Springs Unique 1 bed / 1 bath (756 sq. ft) condo located in the mid-century modern complex Villa Hermosa. This historically significant condominium designed by legendary architect Albert Frey, is in the Old Las Palmas neighborhood right in the heart of downtown Palm Springs. Originally built in 1947 as an iconic hotel. In 2003, it was converted into a collection of modern condominiums, preserving its architectural legacy. Bottom level unit and one of the best locations, offering wonderful natural light and lovely views. Open floor plan with large living room and cute patio. Villa Hermosa is a unique investment opportunity with the HOA allowing short-term rentals. Whether seeking a weekend getaway, full-time residence, or rental income. One is walking distance to world-class shopping, art galleries, dining, and entertainment. This property offers a piece of mid-century architectural brilliance and at the same time the opportunity to put your own signature on it. The AC unit is a just a few years old.

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155 W Hermosa Place #3 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 756
  • Price/Sq.ft. $536
  • Lot 0.01 Acres

Details

General

Association/HOA

  • Association Amenities: Gas,Other,Trash
  • Association Fee: 541.0
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Earthquake Insurance
  • Association: Yes

Building Information

  • New Construction: No
  • Year Built: 2003

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 332 - Central Palm Springs
  • Postal City: PALM SPRINGS
  • Walk Score: 0

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Disclosures: Covenants/Restrictions Disclosure
  • Listing Terms: Cash,Cash to Existing Loan,Cash to New Loan
  • Parcel Number: 505266003
  • Property Condition: Fixer,Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

General Information

  • Cooling: Yes
  • Entry Level: 1
  • Fireplace: No
  • Flooring: Laminate
  • Living Area: 756.0
  • Living Area Source: Assessor
  • Spa: No
  • Stories Total: 1

Unit Information

  • Unit Number: 3

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 2.0

Lot Information

  • Lot Features: Drip Irrigation/Bubblers
  • Lot Size Area: 436.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 436.0
  • Lot Size Units: Square Feet

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Modern
    • Attached Garage: No
    • Property Attached: Yes

    General Information

    • Carport Spaces: 1.0
    • Carport: Yes
    • Number Of Units Total: 21
    • Pool Private: No

    155 W Hermosa Place #3 Neighborhood

    Community

    92262 (PALM SPRINGS) Demographics

    53
    Median Age
    775
    Population Density (per sq. mile)
    48%
    College Educated
    $55,757
    Estimated Median Income
    8,518
    Estimated Total Home Owners
    5,359
    Estimated Total Renters
    61% / 39%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    155 W Hermosa Place #3 Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    155 W Hermosa Place #3 Market Data

    Based on the last 30 days in this zip code

    $1,097,455
    Average List Price
    $616
    Average Price per Square Foot
    70
    Properties Sold
    97
    Average Days on Market
    1,179
    Properties for Sale
    Calculations provided by Reliance Network

    155 W Hermosa Place #3 History

    Date Event Value Agent
    6/26/2026Source: CRMLS Price Reduction
    $405,000 -3.6%
    5/21/2026Source: CRMLS Price Reduction
    $420,000 -3.4%
    5/21/2026Source: CRMLS Status Change
    Active
    5/13/2026Source: CRMLS Status Change
    Active Under Contract
    4/14/2026Source: CRMLS Price Reduction
    $435,000 -3.1%
    3/31/2026Source: CRMLS Added to Database
    March 31, 2026
    Listing provided courtesy of Equity UnionMark Pariser- MLS# 219145601DAMLS ProviderContact Information: [email protected] - (760) 621-0395