1777 E Arenas RD, Palm Springs, CA 92262

$1,175,000

$1,295,000

9.3%
Est.Price: ?

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Est. payment /mo

0.39 Acres Lot


SOLD DATE : 03/18/2026

Key Details

Sold Price $1,175,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision Central Palm Springs

MLS Listing ID 219143913DA

Sold Date 03/18/26

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1963

Lot Size 0.390 Acres

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.

Location

State CA

County Riverside

Area 332 - Central Palm Springs

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Tile

Fireplace No

Appliance Gas Water Heater, Water Heater

Exterior

Parking Features Assigned

Pool In Ground

Community Features Gated

View Y/N Yes

View Mountain(s)

Roof Type Tar/Gravel

Total Parking Spaces 9

Private Pool Yes

Building

Story 1

Entry Level One

Foundation Slab

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 502163005

Security Features Gated Community,Key Card Entry

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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Listed by Stephen Sullivan Coldwell Banker Realty #01321825
Bought with OUT AREA OUT OF AREA

NEARBY SCHOOLS & BUSINESSES

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