155 W Hermosa Place, 5, Palm Springs, CA 92262
155 W Hermosa Place, 5, Palm Springs, CA 92262
Property Description
Welcome to 155 Hermosa Place, Unit 5, a gem nestled in the iconic mid-century modern complex, Villa Hermosa, designed by the legendary architect Albert Frey. Situated in the heart of Palm Springs' Old Las Palmas neighborhood, this condo offers a unique investment opportunity with allowed short-term rentals. Step inside this 663-square-foot, 1-bedroom, 1-bathroom residence and be captivated by its modern charm. The stylish kitchen is spacious and equipped with updated appliances, countertops, and lighting, perfect for culinary enthusiasts. The living areas feature newer tile and shutters, providing a sleek and contemporary ambiance. Enjoy the luxury of two private patios, including one of the largest in the complex, offering breathtaking views of the San Jacinto Mountains. Whether you're sipping morning coffee or hosting a twilight dinner party, the outdoor space is a serene retreat. This unit boasts a range of amenities, including assigned parking, a refreshing pool, and convenient laundry facilities within the building. Offered turnkey furnished, this condo is a perfect blend of privacy and community, with cantilevered roofs and a layout that embraces the desert landscape. Experience the captivating simplicity of Frey's International Style of modernism in a location that truly has it all. Right in the heart of downtown and walking distance to all that Palm Springs has to offer.
Features & Amenities
Property Details
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About Las Palmas - Villa Hermosa
This property is located in Las Palmas - Villa Hermosa, a community in Palm Springs. Explore more listings in this neighborhood to compare options and pricing.
View Las Palmas - Villa Hermosa ListingsComparative Market Analysis
Affordable Tier · 5 active · 5 closed
Las Palmas - Villa Hermosa · Palm Springs · Condominium
Listed 5.6% above the median closed sale of $425,000. Price per sqft ($677) is a 90% premium to closed comps ($356).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2083 Via Miraleste | Palm Springs | 1980 | 3 | 2 | 1,034 | 0 | $438 | $453,000 | 37 | 55 |
| 100 Stevens Road | Palm Springs | 2003 | 2 | 3 | 1,956 | 1,337 | $253 | $495,000 | 37 | 55 |
| 1725 Via Miraleste | Palm Springs | 1980 | 2 | 2 | 1,183 | 1,195 | $338 | $400,000 | 21 | 55 |
| 379 Mariscal Road | Palm Springs | 1980 | 3 | 2 | 1,116 | 1,058 | $358 | $399,000 | 37 | 52 |
| 1790 Via Miraleste | Palm Springs | 1961 | 2 | 2 | 1,068 | 1,742 | $365 | $389,900 | 59 | 52 |
| Total: 5 · Average | 2.4 | 2.2 | 1,271.4 | 1,333 | $350.4 | $427,380 | 38.2 | |||
| Median | 1,116 | $400,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 Via Miraleste | Palm Springs | 1980 | 10/23/2026 | 2 | 2 | 1,183 | 0 | $449,900 | $449,900 | $380 | 1.00 | 98 | 53 |
| 1810 Mira Loma Way Way | Palm Springs | 1976 | 12/12/2025 | 3 | 2 | 1,116 | 871 | $425,000 | $425,000 | $381 | 1.00 | 42 | 50 |
| 204 Camino Norte | Palm Springs | 1966 | 11/17/2025 | 2 | 2 | 1,208 | 0 | $400,000 | $400,000 | $331 | 1.00 | 48 | 47 |
| 385 Via Escuela | Palm Springs | 1980 | 12/02/2025 | 2 | 2 | 1,183 | 0 | $428,000 | $420,000 | $355 | 0.98 | 81 | 47 |
| 250 Via Escuela | Palm Springs | 1971 | 05/22/2026 | 3 | 3 | 1,344 | 0 | $459,000 | $450,000 | $335 | 0.98 | 112 | 39 |
| Total: 5 · Average | 2.4 | 2.2 | 1,206.8 | 871 | $428,980 | $428,980 | $356.4 | — | 76.2 | ||||
| Median | 1,183 | $425,000 | $425,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.