About 3940 E Calle De Ricardo
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.
Features of 3940 E Calle De Ricardo
| MLS® # | 219146767PS |
|---|---|
| Price | $1,100,000 |
| Sold Price | $930,000 |
| Bathrooms | 0.00 |
| Lot Sqft | 10,018 |
| Acres | 0.23 |
| Year Built | 1970 |
| Type | Residential Income |
| Status | Closed |
| # Of Units | 5 |
Community Information
| Address | 3940 E Calle De Ricardo |
|---|---|
| Area | 334 - South End Palm Springs |
| Subdivision | Demuth Park |
| City | Palm Springs |
| County | Riverside |
| Zip Code | 92264 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Shared Driveway |
| Garages | Shared Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Laminate |
|---|---|
| Appliances | Dishwasher, Gas Cooktop, Gas Oven |
| Cooling | Zoned |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Additional Information
| Date Listed | April 22nd, 2026 |
|---|---|
| Date Sold | June 29th, 2026 |
| Days on Market | 65 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Kayla Toohey |
|---|---|
| Office | Desert Sotheby's Int'l Realty |