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.
For sale
Listing Provided by: Coldwell Banker Realty
$1,295,000
1777 E Arenas Rd, Palm Springs, CA 92262
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1963
-- sqft lot
$1,232,400 Zestimate®
$--/sqft
$-- HOA
What's special
Mountain viewsCentral courtyard poolPrivate patiosJalousie windowsOff-street parkingOn-site coin-op laundry
- 1 day |
- 97 |
- 10 |
Zillow last checked: 8 hours ago
Listing updated: 22 hours ago
Listing Provided by:
Stephen Sullivan DRE #01321825 760-902-1705,
Coldwell Banker Realty
Source: CRMLS,MLS#: 219143913DA
Originating MLS: California Desert AOR & Palm Springs AOR
Tour with a local agent
Facts & features
Interior
Rooms
- Room types: Living Room
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Water Heater
Features
- Flooring: Carpet, Tile
- Has fireplace: No
Property
Parking
- Total spaces: 9
- Parking features: Assigned
- Uncovered spaces: 9
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: In Ground
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.39 Acres
Details
- Parcel number: 502163005
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Slab
- Roof: Tar/Gravel
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1963
Community & HOA
Community
- Features: Gated
- Security: Gated Community, Key Card Entry
- Subdivision: Central Palm Springs
Location
- Region: Palm Springs
Financial & listing details
- Date on market: 2/27/2026
- Listing terms: 1031 Exchange
- Tenant pays: Electricity, Gas
Estimated market value
$1,232,400
$1.17M - $1.29M
$2,769/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/27/2026 | Listed for sale | $1,295,000-28.1% |
Source: | ||
| 7/1/2025 | Listing removed | $1,800,000 |
Source: | ||
| 4/2/2025 | Listed for sale | $1,800,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$7,563/mo
Principal & interest
$6300
Property taxes
$1263
Climate risks
Neighborhood: Sunrise Park
Nearby schools
GreatSchools rating
- 2/10Cahuilla Elementary SchoolGrades: K-5Distance: 1.1 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 1.7 mi
- 5/10Palm Springs High SchoolGrades: 9-12Distance: 0.4 mi






