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.
CondoProperty Type
1970Year Built
$422Est. Price/Sq.Ft.
Listed by Sandra Quinn•DRE #01391280• Berkshire Hathaway HomeServices California Properties
Bought with Sandra Quinn•DRE #01391280• Berkshire Hathaway HomeServices California Properties
Source:GPSMLS #15962585
Redfin Estimate
$524,986
$60K since sold in April 2025$13K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 19.1% higher than the average sale price ($441K) of 6 comparable homes.
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.
Public Records
May 25, 2001
Sold
$187,500
$151/sq ft
GPSMLS #2927218
Apr 1, 2001
Listing Removed
—
Jan 12, 2001
Listed
$199,900
$161/sq ft
GPSMLS #2902110
Mar 2, 1999
Listing Removed
—
Feb 25, 1999
Listed
$109,000
$88/sq ft
Public Records
Apr 11, 1995
Sold
$84,000
$68/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,293 (−2.5%)
$104,449 + $243,720
$348,169
2024
$4,404 (−1.8%)
$104,449 + $243,720
$348,169
2023
$4,485 (−0.1%)
$102,401 + $238,942
$341,343
2022
$4,490 (+2.0%)
$100,394 + $234,257
$334,651
2021
$4,402 (+4.6%)
$98,426 + $229,664
$328,090
2020
$4,210 (+1.7%)
$96,497 + $225,161
$321,658
2019
$4,140 (+1.8%)
$95,508 + $222,853
$318,361
2018
$4,065 (+18.1%)
$93,636 + $218,484
$312,120
2017
$3,443 (+2.9%)
$64,906 + $189,939
$254,845
2016
$3,347 (+4.3%)
$64,906 + $189,939
$254,845
2015
$3,208 (+4.1%)
$63,634 + $186,215
$249,849
2014
$3,083 (−1.1%)
$60,000 + $175,000
$235,000
2013
$3,118 (+20.6%)
$60,000 + $175,000
$235,000
2012
$2,584 (+11.5%)
$60,000 + $175,000
$235,000
2011
$2,318 (−21.7%)
$51,000 + $149,000
$200,000
2010
$2,961
$46,000 + $135,000
$181,000
2009
$2,959 (+7.4%)
$58,363 + $170,780
$229,143
2008
$2,755
$58,502 + $171,187
$229,689
Tax history for 500 W Arenas Rd #5
Year
Property tax
Land + Additions
Assessment*
2025
$4,293 (−2.5%)
$104,449 + $243,720
$348,169
2024
$4,404 (−1.8%)
$104,449 + $243,720
$348,169
2023
$4,485 (−0.1%)
$102,401 + $238,942
$341,343
2022
$4,490 (+2.0%)
$100,394 + $234,257
$334,651
2021
$4,402 (+4.6%)
$98,426 + $229,664
$328,090
2020
$4,210 (+1.7%)
$96,497 + $225,161
$321,658
2019
$4,140 (+1.8%)
$95,508 + $222,853
$318,361
2018
$4,065 (+18.1%)
$93,636 + $218,484
$312,120
2017
$3,443 (+2.9%)
$64,906 + $189,939
$254,845
2016
$3,347 (+4.3%)
$64,906 + $189,939
$254,845
2015
$3,208 (+4.1%)
$63,634 + $186,215
$249,849
2014
$3,083 (−1.1%)
$60,000 + $175,000
$235,000
2013
$3,118 (+20.6%)
$60,000 + $175,000
$235,000
2012
$2,584 (+11.5%)
$60,000 + $175,000
$235,000
2011
$2,318 (−21.7%)
$51,000 + $149,000
$200,000
2010
$2,961
$46,000 + $135,000
$181,000
2009
$2,959 (+7.4%)
$58,363 + $170,780
$229,143
2008
$2,755
$58,502 + $171,187
$229,689
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
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.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Other
Hotel / motel
Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Gas
Heating Type: Central
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Roof Covering Type: Slate/Tile
Roof Shape Type: Slate/Tile
Property Information
Living Sq. Ft: 1,244
Adjusted Gross Sq. Ft: 1,244
Building Sq. Ft: 1,244
# of Stories: 1
Stories Type: 1
Legal Description: POR LOT 1 MB 060/075 TR 3664 CM 001/076 AND UNIT 5 CM 001/076 INT IN COMMON TR 3664 MB 060/075
Parking & Garage Information
Parking Type: Carport
Garage/Parking Sq. Ft: 400
Garage / Carport Type: Carport
Lot Information
# of Buildings: 1
Land Sq. Ft: 1,215
Legal Lot Number: 1
Municipality Name: CITY OF PALM SPRINGS
Acres: 0.0279
Zoning Code: R3
County Use Description: CONDO OR PUD WITH PRIVATE ENTR
Utility Information
Electricity / Wiring Type: Available
Financial
Assessor Information
Assessment Year: 2025
Tax Area: CITY OF PALM SPRINGS
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,244
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1970
Year Renovated: 1970
County: Riverside County
APN: 513501005
Home facts updated by county records on Aug 7, 2026