3940 E Calle De Ricardo Palm Springs, CA ^$ 1,100,000

3940 E Calle De Ricardo

^$ 1,100,000

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Recently Listed

3940 E Calle De Ricardo

Palm Springs, CA, 92264

^$ 1,100,000

Studio Baths0.0

Monthly Estimate*

^$ 6,773

Listed by Desert Sotheby's Int'l Realty

3940 E Calle De Ricardo, Palm Springs, CA 92264 - Image 1

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Studio

Multi-Family Home for sale in Palm Springs, CA

for $1,100,000. This home was built in 1970 on a lot size of 0.23.

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.

Multi-Family Active

Price

^$ 1,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.23

Year Built

1970

Town/City

Palm Springs

County/Region

Riverside

MLS | Web ID

219146767PS

Days on Market

Features

General

Cooling Zoned

Appliances Dishwasher Gas Cooktop Gas Oven

HOA Fee 0

Garage Spaces 0

Year Built 1970

Stories Count 1

Levels One

County Riverside

New Construction false

Property Type Residential Income

Subdivision Name Demuth Park

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Use gps

City Palm Springs

Disclosures Pet Restrictions

Senior Community Y/N false

Open Parking Spaces 5

Number Of Units Total 5

MLS Area 334 - South End Palm Springs

Lot Size Units Square Feet

Lot Size Square Feet 10018

Carport Spaces 0

Listing Terms Cash Cash to New Loan

Property Attached Y/N false

Land Lease Y/N false

Rent Control Y/N false

Virtual Tour https://u.listvt.com/mls/242473081 https://visualize.desertsothebysrealty.com/3940ecalledericardo

Standard Status Active

Year Built Source Assessor

Total Actual Rent 8500

Interior

Flooring Laminate

Total Stories 1

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N false

Total Baths 0

Exterior

Parking Features Shared Driveway

Total Parking 5

Lot Size Area 10018

Number of Buildings 1

Spa false

Lot Size Acres 0.23

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

* Excluded Features

List By

Desert Sotheby's Int'l Realty

Broker

kayla.j.toohey@gmail.com

Affordability Calculator

$6,773

Per Month

Monthly Principal & Interest: $6,773
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Palm Springs, CA

Average List Price ^$1,380,865

Percent of Sale Price 26%

About Palm Springs, CA

46,525 Population

9% Since 2002

^$49,313 Median Income

54.63 Median Age

11% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/22/2026	$1,100,000		Listed Price

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3940 E Calle De Ricardo, Palm Springs, CA, 92264 is a Multi-Family Home for sale at $1,100,000 with a lot size of 0.23. 3940 E Calle De Ricardo is a studio with 0.0 baths and was built in 1970. The property's zip code is 92264 which is in Palm Springs, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/24/2026. 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.

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3940 E Calle De Ricardo

Multi-Family Home for sale in Palm Springs, CA

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