Sold for $930,000

Listed by: Desert Sotheby's Int'l Realty • Kayla Toohey • Contact: 760-774-4990

Bought with: Berkshire Hathaway HomeService

Zestimate^®

$930,000

3940 E Calle De Ricardo, Palm Springs, CA 92264

--beds

--baths

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Multi Family

Built in 1970

-- sqft lot

$930,000 Zestimate^®

$--/sqft

$2,320 Estimated rent

Home value

$930,000

$856,000 - $1.01M

$2,320/mo

Zestimate^® history

Owner options

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$2,320/mo

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$2,320/mo

Rent Zestimate^®

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$5,996/mo

Est. payment

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$5,996/mo

Est. payment

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What's special

Curb appealNew roofUpgraded brick drivewayNew fencingIn-unit laundry

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.

Facts & features

Interior

Rooms

Room types: Living Room

Heating

Has Heating (Unspecified Type)

Cooling

Zoned

Appliances

Included: Dishwasher, Gas Cooktop, Gas Oven

Features

Flooring: Laminate
Has fireplace: No

Property

Parking

Total spaces: 5
Parking features: Shared Driveway
Uncovered spaces: 5

Features

Levels: One
Stories: 1

Lot

Size: 10,018 Square Feet

Details

Parcel number: 680042009
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1970

Community & HOA

Community

Subdivision: Demuth Park

Location

Region: Palm Springs

Financial & listing details

Date on market: 4/22/2026
Listing terms: Cash,Cash to New Loan
Total actual rent: 8500

Price history

Date	Event	Price
6/29/2026	Sold	$930,000-15.5%
Source: CRMLS #219146767PS Report a problem
6/1/2026	Contingent	$1,100,000
Source: Greater Palm Springs Realtors #219146767 Report a problem
5/26/2026	Listed for sale	$1,100,000
Source: CDAR/ Desert Area MLS #219146767 Report a problem
4/29/2026	Contingent	$1,100,000
Source: Greater Palm Springs Realtors #219146767 Report a problem
4/22/2026	Listed for sale	$1,100,000
Source: CDAR/ Desert Area MLS #219146767 Report a problem