1777 E Arenas Road, Palm Springs, CA 92262

$1,175,000
14
BD
14
BA
850
SqFt

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Sold Price
$1,175,000
List Price
$1,295,000
Closing Date
Mar 18, 2026
Status
CLOSED
MLS#
219143913
Year Built
1963
Bedrooms
14
Bathrooms
14
Living Sq. Ft
850
Lot Size
16,988
Days on Market
4
Property Type
Multifamily
Style
Mid-Century Modern
Stories
1
Neighborhood
Central Palm Springs

Property 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.

Additional Information

Land Lease Type
Fee
Pool
Yes
Pool Description
Safety Fence, Safety Gate, In Ground, Community
Heat
Natural Gas, Forced Air
Cooling
Central Air
View
Mountain(s), Pool
Parking
Assigned
Sewer
Connected on Bond
Water
Water District

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty. Selling Office: .