1777 E Arenas Road
Palm Springs, CA 92262
- 14 beds
- 7 baths
- 3,322 sqft
- $541 per sqft
- 1963 build
This beautifully maintained mid-century 7-unit property sits in the heart of Palm Springs. Each spacious unit offers 2 bedrooms and 1.25 baths, complete with private patios and off-street parking. A central courtyard pool offers stunning mountain views and a classic Palm Springs vibe. All units feature individual rooftop HVAC package units, with tenants covering their own heating and cooling costs. There's also an on-site, owned coin-operated laundry and a total of 9 parking spaces. Six of the seven units have been recently updated, all while preserving original period details like jalousie windows. With stable, long-term tenants and strong rental upside, this property is a solid investment in a high-demand area. Just minutes from downtown shops, the weekend Farmer's Market, and the upcoming College of the Desert campus (opening 2027). One unit is currently owner-occupied and can be delivered vacant. Pro forma income: approx. $14,700/month or $176,400 annually. Current monthly rent with $0 for owner's unit is $7225. Seller is a licensed Realtor. Buyer to participate in seller's 1031 Exchange at no expense to buyer. Interior Inspection with accepted offer only. Please drive by but do not walk on the property.
Last checked:
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Last updated Apr 2, 2025
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MLS# 219127694 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1963
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Year Established:None
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Year Built Source:None
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New Construction:false
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Builder Name:None
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Builder Model:None
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Architectural Style:Mid Century
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Construction Materials:Stucco
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Building Area Total:3322.0
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Building Area Source:None
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# of Buildings:None
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# of Units Total:None
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Unit Number:None
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Building Name:None
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Building Features:None
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Roof:Tar/Gravel
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Stories:None
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Stories Total:1
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Levels:Ground Level, No Unit Above, One
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Entry Location:["Ground Level - No Steps", true]
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Door Features:None
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Security Features:Gated Community
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Patio And Porch Features:Concrete Slab
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Basement:None
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Foundation Details:Slab
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Roofing -Tar Gravel:true
Interior
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Rooms Total:None
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Furnished:None
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Carpet:true
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Flooring:Carpet, Tile
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Fireplace:false
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Dining Area:true
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Laundry Features:Community, Individual Room
Room Dimensions
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Living Area:3322.0
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Living Area Source:None
Location
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Directions:None
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Cross Street:Sunrise
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Latitude:33.820954
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Longitude:-116.526969
The Property
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Property Type:Residential Income
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Property Condition:Updated/Remodeled
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Topography:None
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Lot Size Area:16988.0
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Lot Dimensions Source:None
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Lot Size Source:Assessor
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Current Use:None
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Possible Use:None
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View:Mountain(s), Pool
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View:true
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Other Equipment:Drip System
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Additional Parcels:No
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Property Attached:No
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Water Body Name:None
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Waterfront:No
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View:Yes
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Fencing:None
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Road Frontage Type:None
Listing Agent
- Contact info:
- Agent phone:
- (760) 902-1705
- Office phone:
- (760) 325-4500
Taxes
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Tax Legal Description:None
Beds
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Bedrooms Total:14
Baths
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Total Baths:7.0
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Total Baths:7
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Full Baths:7
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Partial Baths:None
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Quarter Baths:7
The Listing
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Disclosures:None
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Possession:Other
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Home Warranty:No
Heating & Cooling
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Heating:Central, Natural Gas
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Heating:true
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Heating -Central:true
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Heating Fuel -Natural Gas:true
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Cooling:Central Air
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Cooling:true
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Central Air:true
Utilities
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Water Source:Water District
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Sewer:Connected on Bond
Schools
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Elementary School:None
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Elementary School District:None
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Middle Or Junior School:None
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Middle Or Junior School District:None
The Community
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Subdivision Name:Central Palm Springs
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Gated Community:Yes
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Gated Community:true
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Senior Community:false
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Senior Community:No
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Spa:false
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Pool:Yes
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Pool Private:true
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Pool Features:Community, Safety Fence, In Ground
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Pets Allowed:None
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Association:None
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Association Name:None
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Association Amenities:Pet Rules
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Association Fee:None
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Association Fee Frequency:None
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Cap Rate:None
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# of Units In Community:None
Parking
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Attached Garage:None
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Covered Spaces:None
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Parking Total:9.0
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Parking Features:Assigned, Side By Side, Total Uncovered/Assigned Spaces
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Open Parking Spaces:None
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Assigned Parking:true
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Total Uncovered Assigned Spaces:9.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/2/25
Apr 2, 2025
|
Listed / Active | DAMLS | $1,800,000 |