Under Contract

3940 E Calle De Ricardo

Palm Springs, CA 92264
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Bed 0

Bed

Bath 0

Bath

SqFt10,018

Sqft(Lot)

Exceptional investment opportunity in the heart of Palm Springs. This well-maintained five-unitmultifamily property features spacious 2-bedroom, 1-bath residences, each thoughtfully updated with mini-split systems and in-unit laundry. Recent improvements include a new roof, new fencing, and an upgraded brick driveway, offering both curb appeal and long-term value. Fully leased and centrally located, this property provides immediate, stable income in one of the desert's most desirable rental markets.

Detail Ic Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 77664892

MLS Id : 219146767PS

Lot Size : 10,018 Sqft

Year Built : 1970

County : Riverside

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Gas Cooktop,Gas Oven Flooring: Laminate
  • Cooling Features

    Zoned Air Conditioning

    Heating Source

    Has Heating

    Fireplace

    Has Fireplace: 0

  • Building Information

    Year Built: 1970

  • Lot Details

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

  • Listing Price Information

    Original List Price: 1,100,000 Listing Contract Date: 2026-04-22
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 680042009

  • Garage and Parking

    Garage Description: Shared Driveway

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 334 - South End Palm Springs Postal Code Plus 4: 1208 Directions: Use gps Source Property Type: Residential Income Area: 334 - South End Palm Springs
  • Building and Construction

    Property Age: 56 Year Built Source: Assessor 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
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
2178 S Brentwood Drive, Palm Springs, CA, 92264 $1,535,000 3 4 2,041 2,041 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 $875,000 4 2 1,592 1,592 SqFt

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ByOwner last updated this listing 06/11/2026 @ 22:06

MLS: 219146767PS LISTED BY: Kayla Toohey, Desert Sotheby's Int'l Realty 760-797-8000 SOURCE: CRMLS

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