1777 E Arenas Road Palm Springs, CA 92262

This beautifully maintained mid-century 7-unit property sits in the heart of Palm Springs. Each spacious unit offers 2 bedrooms and 1.25 baths, complete with private patios and off-street parking. A central courtyard pool offers stunning mountain views and a classic Palm Springs vibe. All units feature individual rooftop HVAC package units, with tenants covering their own heating and cooling costs. There's also an 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. With stable, long-term tenants and strong rental upside, this property is a solid investment in a high-demand area. Just minutes from downtown shops, the weekend Farmer's Market, and the upcoming College of the Desert campus (opening 2027). One unit is currently owner-occupied and can be delivered vacant. Pro forma income: approx. $14,700/month or $176,400 annually. Current monthly rent with $0 for owner's unit is $7225. 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.