3940 E Calle De Ricardo, Palm Springs, CA 92264

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Sold Price
$930,000
List Price
$1,100,000
Closing Date
Jun 29, 2026
Status
CLOSED
MLS#
219146767PS
Year Built
1970
Lot Size
10,018
Acres
0.23
Days on Market
65
Property Type
Multifamily
Stories
One Level
Neighborhood
Demuth Park

Property Description

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.

Additional Information

Appliances
Dishwasher, Gas Cooktop, Gas Oven
Cooling
Yes
Cooling Description
Zoned
Attached Structure
Detached
Number Of Units Total
5

Listing courtesy of Listing Agent: Kayla Toohey (kayla.j.toohey@gmail.com) from Listing Office: Desert Sotheby's Int'l Realty.

Listing sold by Christina Mecklenburg from Berkshire Hathaway HomeService

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.