3737 E Calle De Carlos Palm Springs, CA $ 950,000
3737 E Calle De Carlos
$ 950,000
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3737 E Calle De Carlos

Palm Springs, CA, 92264
$ 950,000
Bedrooms5 Baths5.0 Sq 3,800

Monthly Estimate*

$ 6,636

Listed by Compass
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Multi-Family Home for sale in Palm Springs, CA

for $950,000 with 5 bedrooms and 5 full baths. This 3,800 square foot home was built in 1967 on a lot size of 0.23.

This is the building for you if you’re looking for a good return with low hassle. The building and parking area are in excellent condition with almost no common area to maintain and minimal exterior lighting. Location in DeMuth Park West which is a quiet neighborhood in central Palm Springs. Demuth Park sits on the south side of the neighborhood, giving the locals a 61-acre public green space full of sports fields, tennis courts, and playgrounds. Residents also enjoy easy access to many of Palm Springs’ legendary golf courses such as Mesquite Golf Club and Tahquitz Creek Golf Resort. The community’s location just south of Palm Springs International Airport is perfect for traveling professionals and airport employees. Financial information provided is from 2023 directly from the property manager income statement. Water, trash, sewer, and insurance numbers are from 2022. Property taxes not included in CAP rate calculations.

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Multi-Family Active

Price

$ 950,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.23

Year Built

1967

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

SR24087806

Days on Market

18

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Garage Spaces 0.0
Pool Features None
Year Built 1967
Property SubType Apartment
Gross Income 65347.0
Community Features Biking Curbs Foothills StormDrains StreetLights Sidewalks WaterSports Park
County Riverside
Net Operating Income 38433.0
Operating Expense 26915.0
Insurance Expense 2000.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency Assesor shows 3608 sft. According to owner each unit is 760 sft. 5 unit X 760=3800. Agent nor owner guarantee accuracy of any info provided in listing including but not limited to lot size living
Subdivision Name Demuth Park (33443)
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Take the 10 to 111 to Ramon rd
City Palm Springs
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 5
MLS Area 334 - South End Palm Springs
Lot Size Square Feet 10019.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Calle De Carlos
Listing Terms Cash CashtoNewLoan Conventional CalVetLoan Item1031Exchange VALoan
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 1487.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 3396.0
Water Sewer Expense 877.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 3
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 22mb
Total Actual Rent 71712.0
Property Sub Type Additional Apartment
Expected Active Date 2024-05-02
Cap Rate 4.04
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Exterior
Fencing None
Lot Features Item01UnitAcre NearPark Paved
Water Source Public
Total Parking 0.0
Lot Size Area 10019.0
Number of Buildings 1
Spa N
Building Area Total 3800.0
Lot Size Acres 0.23
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 3737
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* Excluded Features
List By
Compass

Broker

(310) 230-5478

Phone

Affordability Calculator

$6,636
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,636
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$950,000 Listed Price

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3737 E Calle De Carlos, Palm Springs, CA, 92264 is a Multi-Family Home for sale at $950,000 with 3,800 sqft and a lot size of 0.23. 3737 E Calle De Carlos has 5 bedrooms, 5.0 baths, and was built in 1967. The property's zip code is 92264 which is in Palm Springs, CA