2345 South Cherokee Way
Palm Springs, CA, 92264 $ 395,000
Bedrooms2 Baths2.1 Sq 1,225 Monthly Estimate*
$ 2,432
for $395,000 with 2 bedrooms and 2 full baths, 1 half bath. This 1,225 square foot condo was built in 1986.
Fully Renovated 2 Bedroom 2.5 Bath Residence at The Oasis Resort. Luxury Income-Producing Opportunity. An exceptional opportunity to own a fully upgraded 2-bedroom, 2.5-bath residence in the highly sought-after Oasis Resort. Ideal as a primary residence, seasonal retreat, or high-performing short-term rental. This property has undergone an extensive renovation with over $100,000 in upgrades, creating a modern, design-forward interior that stands out in today's competitive Palm Springs market. The remodeled kitchen features custom cabinetry, quartzite stone countertops, a cast iron sink, and high-end appliances, delivering both functionality and strong visual appeal for guests and buyers alike. Each bedroom offers ensuite-style privacy, complemented by a convenient half bath for guests. Bathrooms have been fully updated with new plumbing, contemporary fixtures, and elevated finishes, creating a clean, spa-like aesthetic throughout. No detail has been overlooked: new flooring, upgraded HVAC system, soundproofing, dual-pane windows with new coverings, updated interior doors, recessed lighting, ceiling fans, and upgraded electrical including EV charging capability. From an investment perspective, this is a true turnkey asset: STR-ready with no renovation downtime. Premium finishes that support higher nightly rates and occupancy. Reduced maintenance exposure due to major system upgrades. Highly desirable 2 bed / 2.5 bath layout for rental flexibility and guest privacy. Located within Oasis Resort, a consistently in-demand destination for Palm Springs visitors, this property is well-positioned to capture strong seasonal and year-round rental demand. Whether you're looking to generate income, offset ownership costs, or secure a low-maintenance desert retreat, this residence delivers a compelling combination of style, performance, and long-term value.
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FeaturesGeneralLiving Area 1225
Sewer Sewer Paid
Heating Central
Cooling Central Air
Roof Common Roof
HOA Fee 987.38
Patio/Porch Features Covered
Architectural Style Spanish
Pool Features Tile Association Community Heated
Security Features Smoke Detector(s) Carbon Monoxide Detector(s) Card/Code Access Gated Community
Construction Materials Stucco
Year Built 1986
View Park/Greenbelt Pool
Levels One
Property Subtype Condominium
Assoc Fee Paid Per Monthly
County Riverside
New Construction false
Property Type Residential
Association Amenities Tennis Court(s) Trash Clubhouse Controlled Access Outdoor Cooking Area Pet Rules Picnic Area Recreation Room
HOA true
Subdivision Name Oasis Resort Condos
Status Active
City Palm Springs
Entry Location Ground Level w/steps
Senior Community Y/N false
MLS Area 334 - Palm Springs South End
Lot Size Units Square Feet
Spa Features Association Community Heated
Land Lease Y/N true
Property Condition Updated/Remodeled
Standard Status Active
Year Built Source Assessor
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InteriorInterior Amenities Ceiling Fan(s) Recessed Lighting
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Double Pane Windows
Fireplace Y/N false
Laundry Features None Dryer Included Stackable Washer Included
Total Baths 3
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ExteriorLot Size Area 0
Foundation Details Slab
Spa true
Building Area Total 1225
Lot Size Acres 0
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* Excluded FeaturesList ByGerald HitzemanListing Agent
Palm Springs Real EstateBroker
jerryhitzeman@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,432
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Palm Springs, CA
Average List Price $479,731
Percent of Sale Price 21%
About Palm Springs, CA 46,525 Population
9% Since 2002
$ 49,313 Median Income
54.63 Median Age
11% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/16/2026 | $395,000 | | Listed Price |