1777 E Arenas Road

Palm Springs, CA 92262

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

Description

Beautifully maintained mid-century 7-unit property in the heart of palm springs. each unit offers 2 bedrooms and 1.25 baths, private patios, and off-street parking. a central courtyard pool offers mountain views and a classic palm springs vibe. all units feature individual rooftop hvac package units (tenants covering their own heating and cooling costs.) 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. minutes from downtown shops, the weekend farmer's market, and the upcoming college of the desert campus (opening 2027). two units will be delivered vacant. pro forma income: approx. $14k/month or $168k annually. 7.29 cap rate. 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 05/12/2025 @ 20:24

  • 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.