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1777 E Arenas Road, 
Palm Springs, CA 92262

$1,800,000


14

Beds


14

Baths


6,008

Sq Ft


Multi-Family

Active

Last updated:

May 1, 2025, 05:53 PM

MLS#

219127694

Source:

CA DAMLS

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About This Home

1777 E Arenas Road

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.

Home Facts

Multi-Family

14 Baths

14 Bedrooms

Built in 1963

Price Summary

1,800,000

$299 per Sq. Ft.

MLS #:

219127694

Last Updated:

May 1, 2025, 05:53 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

14

Bathrooms

Total Bathrooms:

14

Full Bathrooms:

7

Interior

Living Area:

6,008 Sq. Ft.


Structure

Structure

Architectural Style:

Mid Century

Building Area:

6,008 Sq. Ft.

Year Built:

1963


Lot

Lot Size (Sq. Ft):

16,988


Finances & Disclosures

Finances

Price:

$1,800,000

Price per Sq. Ft:

$299 per Sq. Ft.

Source:CA DAMLS
Based on information from the California Desert Association of REALTORS® as of May 1, 2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.