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3737 E Calle De Carlos

Palm Springs, CA 92264
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Bed 0

Bed

Bath 0

Bath

SqFt3,800

Sqft

SqFt10,018

Sqft(Lot)

We are pleased to present the opportunity to acquire a multifamily investment property located at 3737 E Calle De Carlos in Palm Springs, California. The offering provides investors with the opportunity to acquire a five-unit income-producing asset in the Demuth Park submarket of Palm Springs, an area supported by consistent rental demand and proximity to key lifestyle and employment drivers. This investment provides an opportunity for a new owner to renovate units, lease at market rents, and stabilize the property to maximize cash flow. Built in 1967, the property consists of approximately 3,800 square feet of rentable living area and is situated on an approximately 10,018 square foot lot. The unit mix is comprised of 5 large ±700 Sq Ft Studio floor plans with open layouts and private rear patios. The property features open parking and an on-site laundry room, providing convenience for tenants. Utilities including water, sewer, and trash are paid by ownership, while the property is individually metered for electricity (all-electric building). Each unit is equipped with wall-mounted air conditioning units. The property maintains classic interior finishes, offering a foundation for future operational improvements. The property benefits from a well-established residential area with close proximity Palm Springs International Airport, Palm Springs High School, and the retail and dining amenities of downtown Palm Springs.The property’s proximity to the airport provides convenient access for both residents and local employees, while the surrounding area continues to demonstrate stable rental demand driven by Palm Springs’ year-round appeal.This opportunity presents a perfect opportunity for a value-add investor seeking to reposition an asset and establish a new rent roll at market rates.

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Detail Ic Property Details

Property Type : Residential Income

Price : $870,000

AD Id : 76677788

MLS Id : CV26070291

Lot Size : 10,018 Sqft

Living Area Size : 3,800

Year Built : 1967

County : Riverside

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1967 Building Area Total: 3,800
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.23
  • Lot Size Source: Public Records Lot Size Square Feet: 10018

  • Listing Price Information

    Original List Price: 870,000 Listing Contract Date: 2026-04-01
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 680045002 Annual Tax: 10732

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 332 - Central Palm Springs Directions: Located on Calle De Carlos and El Placer Rd Source Property Type: Residential Income Area: 332 - Central Palm Springs Property SubType: Apartment
  • Building and Construction

    Property Age: 59 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: Front Property Attached: Yes Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1967 Marguerite Street, Palm Springs, CA, 92264 $749,000 4 2 1,750 1,750 SqFt
1605 Candela Court, Palm Springs, CA, 92264 $899,995 4 2 2,295 2,295 SqFt
2020 Lawrence Street, Palm Springs, CA, 92264 $650,000 2 2 1,000 1,000 SqFt
145 Calle Arriba, Palm Springs, CA, 92264 $183,000 2 1 1,392 1,392 SqFt
9 Calle Abajo, Palm Springs, CA, 92264 $135,000 2 1 1,440 1,440 SqFt
268 Encino Drive, Palm Springs, CA, 92264 $399,000 3 2 1,493 1,493 SqFt
147 Sage Drive, Palm Springs, CA, 92264 $259,000 -- -- --
2030 S Bob O Link Lane, Palm Springs, CA, 92264 $1,195,000 3 2 1,673 1,673 SqFt
4351 E Calle De Carlos, Palm Springs, CA, 92264 $649,900 3 2 1,560 1,560 SqFt
4385 E Paseo Caroleta, Palm Springs, CA, 92264 $849,000 4 2 1,592 1,592 SqFt

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ByOwner last updated this listing 06/21/2026 @ 06:30

MLS: CV26070291 LISTED BY: Gisele Pinedo, MARCUS & MILLICHAP 909-456-3400 SOURCE: CRMLS

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