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192 Mercury Street — Palm Springs — 1 Bed • 1 Bath • 480 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+10 more

$68,000

14 DOM

$142/sqft1 bd1 ba480 sqft

Call

192 Mercury St Palm Springs, CA 92264

LOCATION, LOCATION, LOCATION!!! This home is a fantastic opportunity for someone looking to snag a slice of Palm Springs living without the desert price tag. Horizon Village is tucked under the Santa Rosa Mountains near the Bob Hope Estate, your getting a "wind free" zone and easy access to the Araby Hiking trail, 5 minutes from Palm Springs International Airport. This is an all-age, pet friendly community with a pool, spa, fitness and recreation room - perfect for full-time residence or a vacation getaway. Must be owner occupied, monthly land rent is $925, utilities not included. Buyers need verifiable income of 2 times the land rent to obtain management approval.

MLS IV26069766

909-303-4500 (Office) RoseGarcia.realtypro@gmail.com

Est. payment

$435/mo

Principal & interestTaxesInsurance

$344$71$20

Down %

Rate %

Years

Down payment: $13,600 · Total cost: $137,384

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$435/mo

Principal & interest: $344
Est. property tax: $71
Est. insurance: $20
Down payment: $13,600

Est. gross rent$283/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-152/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 12, 2026	$73,000	—

Facts & Features

Transaction Data

▼Price Reduced from $73,000 (−$5,000)

Structure & Property

Year Built1973

909-303-4500 (Office) RoseGarcia.realtypro@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

192 Mercury Street, Palm Springs, CA 92264

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Call

192 Mercury St Palm Springs, CA 92264

About this home

ROSALIE GARCIA

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

ROSALIE GARCIA

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

192 Mercury Street, Palm Springs, CA 92264

About This Property

Property Photos

192 Mercury St Palm Springs, CA 92264

About this home

ROSALIE GARCIA

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

ROSALIE GARCIA

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.