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277 E Alejo Road 124 — Palm Springs — 2 Beds • 2 Baths • 1,131 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+20 more

$412,000

0 DOM

$364/sqft2 bd2 ba1,131 sqftHOA ~1,068/mo

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277 E Alejo Rd 124 Palm Springs, CA 92262

This beautifully remodeled 2-bedroom, 2-bathroom condo offers the perfect blend of comfort, style, and convenience, ideally located within walking distance to vibrant downtown Palm Springs. Designed for effortless desert single-level living, the home comes fully furnished with tasteful, modern decor, allowing for a seamless move-in or turnkey investment opportunity. The open-concept layout features updated finishes throughout, including a sleek kitchen, upgraded bathrooms, and spacious living areas that flow naturally for both relaxing and entertaining. Large windows invite in abundant natural light while capturing the essence of indoor-outdoor living that Palm Springs is known for. Residents will appreciate the added convenience of secure subterranean parking, providing both protection and easy access. The HOA offers exceptional value by covering all utilities as well as earthquake insurance, making ownership simple and predictable. Whether you're looking for a full-time residence, vacation getaway, or income-producing property, this condo delivers on location, amenities, and lifestyle, all just steps from dining, shopping, and entertainment in the heart of Palm Springs.

MLS 26714235PS

760-350-9253 (Office) james@ps760.com

Est. payment

$3,700/mo

Principal & interestTaxesInsuranceHOA

$2,083$429$120$1,068

Down %

Rate %

Years

Down payment: $82,400 · Total cost: $832,387

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$3,700/mo

Principal & interest: $2,083
Est. property tax: $429
Est. insurance: $120
HOA (normalized / mo): $1,068
Down payment: $82,400

Est. gross rent$1,717/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)$-1,983/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	Apr 13, 2026	$412,000	—

Facts & Features

Transaction Data

HOA Fee$1,068/monthly

Structure & Property

Year Built1966

760-350-9253 (Office) james@ps760.com

Sale & Tax History

No Recent Sales History

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

Location

277 E Alejo Road 124, Palm Springs, CA 92262

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Call

277 E Alejo Rd 124 Palm Springs, CA 92262

About this home

James Gault

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

James Gault

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

277 E Alejo Road 124, Palm Springs, CA 92262

About This Property

Property Photos

277 E Alejo Rd 124 Palm Springs, CA 92262

About this home

James Gault

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

James Gault

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.