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.
Multi-familyProperty Type
1963Year Built
0.39 acresLot Size
$1,382Price/Sq.Ft.
9 spacesParking
Listed by Stephen Sullivan•DRE #01321825• Coldwell Banker Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.39 Acres
Year renovated
1964
Sq. Ft.
—
Year built
1964
Style
Multi-Family (5+ Unit)
County
Riverside County
APN
502163005
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 28, 2026.
R2
Limited Multiple-Family Residential Zone
The R-2 zone is intended to provide for the development of medium-density multiple-family residential uses.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Hotel / motel
May 18, 2026 • Final
Building simple – hvac replacement
Remove and replace a rooftop heating and air conditioning package unit.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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
Home facts updated by county records on Oct 28, 2026
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
Cahuilla Elementary School
Public K-5 • Assigned • 1.1mi
3/10
Raymond Cree Middle School
Public 6-8 • Assigned • 1.7mi
5/10
Palm Springs High School
Public 9-12 • Assigned • 0.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
9/10 Heat Factor
8 days above 112° expected this year, 23 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Palm Springs, CA • 92262
Average low and high temperatures (°F)
66
50
73
55
79
60
79
60
86
66
96
75
101
80
101
80
91
74
83
65
72
56
71
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
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.