1777 Arenas Road, Palm Springs, CA 92262
  • MLS#: 219127694DA ( )
  • Street Address: 1777 Arenas Road
  • Viewed: 7
  • Price: $1,800,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 24
  • Additional Information
  • County: RIVERSIDE
  • City: Palm Springs
  • Zipcode: 92262
  • Subdivision: Central Palm Springs
  • Provided by: Coldwell Banker Realty
  • Contact: Stephen Stephen
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Association Amenities
  1. Pet Rules
Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Cooling
  1. Central Air
Country
  1. US
Electric Expense
  1. 1331.00
Flooring
  1. Carpet
  2. Tile
Foundation Details
  1. Slab
Garage Spaces
  1. 0.00
Gardner Expense
  1. 1440.00
Heating
  1. Natural Gas
  2. Central
Laundry Equipment Own Lease
  1. Own
Levels
  1. One
Lockboxtype
  1. Supra
Parcel Number
  1. 502163005
Parking Features
  1. Assigned
  2. Side by Side
Pool Expense
  1. 2400.00
Pool Features
  1. Community
  2. In Ground
Postalcodeplus4
  1. 7155
Property Condition
  1. Updated/Remodeled
Roof
  1. Tar/Gravel
Security Features
  1. Gated Community
Sourcesystemkey
  1. 20250328213817618397000000:CDAR
Subdivision Name Other
  1. Central Palm Springs
Tenant Pays
  1. Electricity
  2. Gas
Trash Expense
  1. 2548.00
Uncovered Spaces
  1. 9.00
View
  1. Mountain(s)
Water Sewer Expense
  1. 975.00
Year Built
  1. 1963
Year Built Source
  1. Assessor