449 E Arenas Rd
Palm Springs, CA 92262

Built in 1965, Latitude 33 was meticulously renovated in 2016 to provide its residents a modern rental-living option in Palm Springs. Current ownership maintained the building’s unique features while repositioning the community, it also blended modern must-haves such as quartz countertops, stainless steel appliances and vinyl plank flooring. Over half of the units consist of loft or townhouse style floor plans. Residents enjoy a wealth of community amenities, a truly rare attribute for an asset of this size. The property features a resort-style swimming pool, furnished sundeck with barbecue and dining area, concrete fire pit, shade sails, laundry facilities, bicycle racks, and secured parking. The 121-unit community is comprised of 60 studios, 30 one-bedroom/one bath loft units, 30 two-bedroom/one bath townhouse units, and one oversized two-bedroom/one and one-half bath deluxe townhouse unit, measuring approximately 1,500 square feet. The apartment homes feature fully equipped kitchens, central heating and air conditioning (studios contain wall-units), new cabinets, modern light and plumbing fixtures, hardware, and ceramic tile flooring in the bathrooms. The property is well-positioned for select unit interior and amenity upgrades, which should further enhance the community’s marketability to current and prospective residents.