1777 E Arenas Road

Palm Springs, CA 92262

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 16988
    Sqft(Lot)
$1,800,000

Description

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.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    49204036

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Roof : Tar/Gravel
    • Flooring: Carpet,Tile

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central,Natural Gas
    • Has Heating

    Fireplace

    • Has Fireplace: 0

  • Building Information

    • Year Built: 1963
    • Roof: Tar/Gravel

    Foundation

    • Slab

    Security Features

    • Gated Community

    Pool Features

    • Community,In Ground

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.39
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 16988

  • Listing Price Information

    • Original List Price: 1,800,000
    • Listing Contract Date: 2025-04-02

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 502163005

  • Garage and Parking

    • Garage Description: Assigned,Side By Side

    Homeowners Association

    • Association Amenities: Pet Restrictions

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 332 - Central Palm Springs
    • Postal Code Plus 4: 7155
    • Directions: Near Tahquitz and Sunrise, take Arenas from Sunrise.
    • Source Property Type: Residential Income
    • Area: 332 - Central Palm Springs

    Building and Construction

    • Property Age: 62
    • Property Condition: Updated/Remodeled
    • Year Built Source: Assessor
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 04/04/2025 @ 21:28

  • MLS: 219127694DA
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 16,988 sized lot, and 0 parking. are nearby neighborhoods.