3940 E Calle De Ricardo, Palm Springs, CA 92264

$930,000
10
BD
5
BA
3,355
SqFt

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Sold Price
$930,000
List Price
$1,100,000
Closing Date
Jun 29, 2026
Status
CLOSED
MLS#
219146767
Year Built
1970
Bedrooms
10
Bathrooms
5
Living Sq. Ft
3,355
Lot Size
10,018
Days on Market
34
Property Type
Multifamily
Stories
1
Neighborhood
Demuth Park

Property Description

Exceptional investment opportunity in the heart of Palm Springs. This well-maintained five-unit multifamily 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.

Additional Information

Land Lease Type
Fee
Appliances
Dishwasher, Washer/Dryer Stacked, Gas Cooktop, Gas Oven
Heat
Other
Cooling
Zoned
Parking
Shared Driveway
Sewer
In, Connected and Paid

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Calculator source: Real Geeks

Listing courtesy of Desert Sotheby's Int'l Realty. Selling Office: .