Skip to main content
Sold
$1,175,000
Sold On 2026-03-18

Overview

MLS # 219143913DA
Listed on 2026-02-26
Status Sold
Price $1,295,000
Type Residential Income
Size of home 850 sq ft
Beds / Baths 14 / 14.00
Size of lot 16,988 sq ft
Location address 1777 E Arenas Road
Palm Springs 92262

Description


Well-maintained 7-unit mid-century property in the heart of Palm Springs. Each unit offers 2 bedrooms and 1.5 baths, private patios, and off-street parking. A central courtyard pool offers mountain views and a classic Palm Springs vibe. All units have individual rooftop HVAC package units (tenants pay their own heating and cooling costs.) On-site coin-op laundry and a total of 9 parking spaces. Six of the seven units have been updated while preserving original period details like jalousie windows. Minutes from downtown shops, the weekend Farmer's Market, and the upcoming College of the Desert campus (opening 2027). Owner's unit to be delivered vacant. Monthly income (1 unit @pro-forma of $1700) is approximately $10,305 monthly, $123,660 annually. Seller is a licensed Realtor. Buyer to participate in seller's 1031 Exchange at no expense to buyer. Easy to show owner's unit with short notice.

General Information

Original List Price $1,295,000
Price Per Sq/Ft $1,524
Furnished No
Land Type Fee
Land Lease Expires N/A
Pool Yes
Pool Description Community, In Ground, Safety Fence
Spa Yes
Year Built 1963
Levels Ground Level
View Mountains, Pool
Flooring Carpet, Ceramic Tile
Laundry Community, Laundry Area
Fireplace No
Heating Type Forced Air, Natural Gas
Cooling Type Central
Parking Spaces 9
Parking Type Assigned

Courtesy of: Stephen Sullivan / Coldwell Banker Realty

Other homes in Central Palm Springs