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1777 E Arenas Rd, Palm Springs, CA 92262
About this home
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.
Redfin Estimate
Market trends in 92262, CA
Last updated August 2026
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Sale and tax history for 1777 E Arenas Rd
- Sale History
- Tax History
$1,382/sq ft
$1,524/sq ft
$2,118/sq ft
$635/sq ft
Public record
- Public record
- Zoning
R2
Limited Multiple-Family Residential Zone
The R-2 zone is intended to provide for the development of medium-density multiple-family residential uses.Include but are not limited to:
- Day care facility
- Housing-Single unit
- Housing-Multiple units
- Housing-Other
- Hotel / motel
Property details
Parking
- Parking and Garage Information
- Parking Spaces/Information: Total Uncovered/Assigned Spaces: 9.00
- Parking Spaces/Information: Total Parking Spaces: 9.00
- Parking Spaces/Information: Total Garage Spaces: 0.00
- Parking Spaces/Information: Total Covered Spaces: 0.00
- Parking Spaces/Information: Total Carport Spaces: 0.00
- Parking: Assigned
Interior
- Bathroom Information
- Bathroom Features: Shower Over Tub
- Full Baths: 7
- Half Baths: 7
- Room Information
- Rooms: Living Room
- Community, Laundry Area
- Laundry: Yes
- Interior Features
- Window Treatments: Jalousie - Louvered
- Entry Location: Ground Level - No Steps
- Fireplace Information
- No
- Flooring
- Flooring: Carpet, Ceramic Tile
- Equipment
- Water Heater Feature: Gas
- Laundry Equipment: Own
- Counts: # of Refrigerators: 7
- Counts: # of Ranges: 7
- Counts: # of Dishwashers: 2
- Heating & Cooling
- Heating Fuel: Natural Gas
- Heating: Forced Air
- Cooling Type: Central Air
- Multi-Unit General Information
- Water Heater: Yes
- Gardener, Water, Trash Collection, Pool Service, Other
- Tenant Pays: Electricity, Gas
- Multi-Unit Income Information
- Income & Expenses: Laundry Income $: 840.00
- Income & Expenses: Gross Operating Income $: 123660.00
- Income & Expenses: Annual Gross Rent $: 122820.00
- Multi-Unit Property Counts
- Total Units: 7
- # of Buildings: 1
Exterior
- Building Information
- Roofing: Tar/Gravel
- Foundation: Slab
- Exterior Construction: Stucco
- Levels: Ground Level, No Unit Above
- Building Style: Mid Century
- Building # of Stories: 1
- Year Built Source: Assessor
- Exterior Features
- Security Safety: Card/Code Access, Gated Community
- Counts: # of Patios: 7
- Pool Information
- Pool Location: Community
- Pool Description: In Ground
- Pool Construction: In Ground
- Pool Accessories: Safety Fence, Safety Gate
- Yes
- Land Information
- Land Type: Fee
- Land Type: Fee Simple
- Irrigation: Drip System, Sprinkler System
- Lot Information
- Paved: Yes
- Lot Size Source: Assessor
- Property Features
- View Type: Mountain(s), Pool
- Property Condition: Updated/Remodeled
- Sq Ft Source: Other
- View: Yes
- Property Attached/Detached: Detached
Utilities
- Utilities Information
- Water: Water District Name: Desert Water Agency
- Water: Water District
- Sewer: Connected on Bond
- Counts: # Water Meters: 1
- Counts: # Gas Meter: 7
- Counts: # Electric Meters: 7
Location
- Location Information
- Directions: Turn east onto Arenas from Sunrise.
- Cross Streets: Sunrise
- Community Information
- Unit Total in Complex: 7
- Gated Community: Yes
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: —
- Stories: 1.0
- Lot Size: 0.39 acres
- Style: Multi-Family (5+ Unit)
- Year Built: 1964
- Year Renovated: 1964
- County: Riverside County
- APN: 502163005
Other
- Documents & Disclosures
- Owner Has Real Estate License, Sewer Assessments
- Listing Information
- Sale Type: Standard
- Close Of Escrow, Subject To Tenants Rights
- 1031 Exchange
Around this home
Schools
Public K-5 • Assigned • 1.1mi
Public 6-8 • Assigned • 1.7mi
Public 9-12 • Assigned • 0.4mi
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
2% chance of being in a wildfire in next 30 years
8 days above 112° expected this year, 23 days in 30 years
Minimal risk of severe winds over next 30 years
6 unhealthy days expected this year, 8 days in 30 years
Sun exposure
In this area, properties receive around 10.3 hours in June and 7.4 hours in December, placing it above the U.S. average for solar exposure.
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