Cash Generating Vacation Rental for the last 6 years! Perfectly priced Mid Century modern condo in the Tennis Club neighborhood. Outstanding views of Tahquitz Canyon and the San Jacinto mountains from your own deck. The "500 West" is an exclusive, gated 10 unit resort style living in the heart of the village of Palm Springs. Two spacious master bedroom suites open on to the living room. The kitchen is separate with a small eating area. This original upstairs unit is tucked away in the corner but looks out over the pool/spa with the mountains beyond. Make this sought after location yours. HOA fees cover trash, water and roof.
Sold for $585,000 on 04/22/25
$585,000
500 W Arenas Rd APT 5, Palm Springs, CA 92262
2beds
1,244sqft
Condo
Built in 1970
-- sqft lot
$658,700 Zestimate®
$470/sqft
$2,859 Estimated rent
Home value
$658,700
$573,000 - $751,000
$2,859/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- None, Forced air
Cooling
- Central
Appliances
- Included: Range / Oven
Features
- Flooring: Other
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,244 sqft
Property
Parking
- Parking features: None
Features
- Exterior features: Stucco
- Has spa: Yes
- Has view: Yes
- View description: Mountain
Lot
- Size: 1,306 sqft
Details
- Parcel number: 513501005
Construction
Type & style
- Home type: Condo
Materials
- Roof: Other
Condition
- Year built: 1970
Community & neighborhood
Location
- Region: Palm Springs
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $325 monthly
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2025 | Sold | $585,000+588.2%$470/sqft |
Source: Public Record Report a problem | ||
| 6/28/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/12/2024 | Listed for rent | $2,000-20%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2019 | Sold | $85,000-71.7%$68/sqft |
Source: Public Record Report a problem | ||
| 5/30/2017 | Sold | $300,000-13%$241/sqft |
Source:  Greater Palm Springs Realtors #15962585PS Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,293 -2.5% | $348,169 +2% |
| 2024 | $4,404 -1.8% | $341,343 +2% |
| 2023 | $4,485 -0.1% | $334,651 +2% |
Find assessor info on the county website
Neighborhood: Historic Tennis Club
Nearby schools
GreatSchools rating
- 6/10Cahuilla Elementary SchoolGrades: K-5Distance: 1.2 mi
- 5/10Raymond Cree Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Palm Springs High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: Palm Springs Unified
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$658,700
2% more+ $13,174
With Zillow Showcase(estimated)
$671,874