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Off market
  • $647,900

    1777 E Arenas Rd, Palm Springs, CA 92262

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1963
    -- sqft lot
    $647,900 Zestimate®
    $--/sqft
    $2,500 Estimated rent

    Home value

    $647,900

    $473,000 - $920,000

    $2,500/mo

    Zestimate® history
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    What's special

    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). Owner's unit can 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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked: 8 hours ago

    Listing updated: May 31, 2025 at 01:20pm

    Source: CRMLS,MLS#: 219127694DAMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Features
    • Flooring: Carpet, Tile
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 9
    • Parking features: Assigned, Side By Side
    • Uncovered spaces: 9
    Features
    • Levels: One
    • Stories: 1
    • Has private pool: Yes
    • Pool features: Community, 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 & neighborhood

    Security
    • Security features: Gated Community
    Community
    • Community features: Gated, Pool
    Location
    • Region: Palm Springs
    • Subdivision: Central Palm Springs

    HOA & financial

    HOA
    • Amenities included: Pet Restrictions

    Other

    Other facts
    • Listing terms: 1031 Exchange

    Price history

    DateEventPrice
    7/1/2025Listing removed$1,800,000
    Source: Greater Palm Springs Realtors #219127694 Report a problem
    4/2/2025Listed for sale$1,800,000
    Source: Greater Palm Springs Realtors #219127694 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Sunrise Park

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $647,900
    2% more+ $12,958
    With Zillow Showcase(estimated)
    $660,858