CA > Palm Springs > Central Palm Springs
Palm Springs, CA 92262,1777 E Arenas RD
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Palm Springs, CA 92262,1777 E Arenas RD
Palm Springs, CA 92262,1777 E Arenas RD
Palm Springs, CA 92262,1777 E Arenas RD
Palm Springs, CA 92262,1777 E Arenas RD
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Kristina Kendig

Kristina Kendig

+1(951) 271-1437
$ 1,800,000
Est. payment /mo
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1777 E Arenas RD Palm Springs, CA 92262

14 Beds

7 Baths

3,322 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,322 sqft

Price per Sqft $541

Subdivision Central Palm Springs

MLS Listing ID 219127694

Style Mid Century

Bedrooms 14

Full Baths 7

HOA Y/N No

Year Built 1963

Lot Size 0.390 Acres

Property Description

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.

Location

State CA

County Riverside

Area 332 - Palm Springs Central

Interior

Heating Central, Natural Gas

Cooling Central Air

Fireplace false

Exterior

Pool Community, Safety Fence, In Ground

View Y/N true

View Mountain(s), Pool

Private Pool Yes

Building

Story 1

Entry Level Ground Level, No Unit Above,One

Sewer Connected on Bond

Architectural Style Mid Century

Level or Stories Ground Level, No Unit Above, One

Others

Senior Community No

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

Listed by Coldwell Banker Realty
agent

Kristina Kendig

License ID: 019668013

+1(951) 271-1437

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1777 E Arenas RD