1 of 19

Want to see this property?

1777 E Arenas Road

Palm Springs, CA 92262

– beds
– baths
– sqft
~1/2 acre lot
1963 build
– on site

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.

Listed By CRMLS_CA / Stephen Sullivan / Coldwell Banker Realty

Last checked: Checking… • Last updated Apr 2, 2025 •

MLS# 219127694DA —

This property is listed in more than one place. See it here.

The Building

Year Built:

1963
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

7
# of Buildings:

1
Roof:

Tar/Gravel
Foundation:

Slab
Stories Total:

1
Number With Patio:

7
# of Separate Gas Meters:

8
# of Separate Water Meters:

1
# of Separate Electric Meters:

8

Interior

Levels:

One
Flooring:

Carpet, Tile
Room Type:

Living Room
Fireplace:

No
Laundry:

1

Financial & Terms

Disclosures:

Principal Is RE Licensed

Location

Directions:

Near Tahquitz and Sunrise, take Arenas from Sunrise.
Latitude:

33.82095400
Longitude:

-116.52696900

The Property

Property Type:

Residential Income
Property Condition:

Updated/Remodeled
Lot Size Area:

16988.0000
Lot Size Acres:

0.3900
Lot Size SqFt:

16988.00
Lot Size Source:

Assessor
View:

1
View:

Mountain(s)
Security Features:

Gated Community
Land Lease:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

502163005

Heating & Cooling

Heating:

1
Heating:

Natural Gas, Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Included:

Yes

The Community

Subdivision:

Central Palm Springs
Subdivision:

Central Palm Springs
Association Amenities:

Pet Rules
Pool:

Community, In Ground
Senior Community:

No
Private Pool:

Yes
Assessments:

No

Parking

Parking:

Yes
Parking:

Assigned, Side by Side
Parking Spaces:

9.00
Uncovered Spaces:

9.00

Extra Units

Number With Dishwasher:

2
Number With Refrigerator:

7

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/2/25 Apr 2, 2025	Listed / Active	CRMLS_CA	$1,800,000

Want a closer look?

Go see 1777 E Arenas Road

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Palm Springs, CA

Similar sold homes

This multifamily located in Sunrise Park, Palm Springs, CA 92262 is currently for sale for $1,800,000. 1777 E Arenas Road is a – square foot multifamily with – beds and – baths that has been on Estately for 2 days. 1777 E Arenas Road is in the Sunrise Park neighborhood of Palm Springs and has a WalkScore® of 77, making it very walkable. This multifamily is in the attendance area of Palm Springs High School, Raymond Cree Middle School, and Cahuilla Elementary School.

Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 06:13 on Apr 04.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.