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+17144658357
eXp of Southern California, Inc.
1777 E Arenas Road, Palm Springs, CA 92262
- $1,175,000
- Sold Price
- $1,175,000
- List Price
- $1,295,000
- Closing Date
- Mar 18, 2026
- Status
- CLOSED
- MLS#
- 219143913DA
- Year Built
- 1963
- Lot Size
- 16,988
- Acres
- 0.39
- Days on Market
- 2
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- Central Palm Springs
Property Description
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.
Additional Information
- Appliances
- Gas Water Heater, Water Heater
- Pool
- Yes
- Pool Description
- In Ground
- Heat
- Forced Air, Natural Gas
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- Mountain(s)
- Roof
- Tar/Gravel
- Attached Structure
- Detached
- Number Of Units Total
- 7
Listing courtesy of Listing Agent: Stephen Sullivan (stephensullivanrealestate@gmail.com) from Listing Office: Coldwell Banker Realty.
Listing sold by OUT AREA from OUT OF AREA
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.