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  • Sold
  • Closed
  • Multi-Family
  • Updated 12 days ago
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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.

Full Property Details for 3940 Calle De Ricardo

General

  • Status: Closed
  • Type: Multi-Family
  • Source: Desert_Area_Palm_Springs
  • MLS ID: 219146767
  • Added to Site: 81 day(s) ago

Interior

  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Stackable W/D Hookup
  • Flooring: Laminate, Other

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Other Rooms

  • Laundry: Own

Additional Information

  • Security/Safety: None

Parking

  • Total Spaces: 5

Location

  • Area: 334 - Palm Springs South End
  • County: Riverside
  • Subdivision: Demuth Park
  • Cross Streets: Ramon

Heating & Cooling

  • Cooling Type: Zoned
  • Heating Type: Other

Utilities

  • Sewer: In, Connected and Paid

Structural Information

  • Sub-Flooring: Laminate, Other
  • Year Built: 1970
  • Year Built Source: Assessor

Lot Features

  • Lot Size Source: Assessor

Financial Considerations

  • Terms: Cash, Cash to New Loan

Disclosures and Reports

  • APN: 680042009

Listed by Desert Sotheby's Int'l Realty, Kayla Toohey and Desert Sotheby's Int'l Realty, Barrett Toohey
Sold by Christina Mecklenburg

Listing agents

— 3940 Calle De Ricardo —

  • Kayla Toohey

    Desert Sotheby's Int'l Realty

  • Barrett Toohey

    Desert Sotheby's Int'l Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3940 Calle De Ricardo

School District:Palm Springs Unified School District
NameGradesDistance
Cahuilla Elementary School
833 East Mesquite Avenue, Palm Springs, CA 92264
K-52.1 mi
Raymond Cree Middle School
1011 East Vista Chino, Palm Springs, CA 92262
6-82.7 mi
Palm Springs High School
2401 East Baristo Road, Palm Springs, CA 92262
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3940 Calle De Ricardo

Date
Details
Price
Change
Source
4/22/2026
Sold
$1,100,000
—
MLS
4/22/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Desert Sotheby's Int'l Realty, Kayla Toohey and Desert Sotheby's Int'l Realty, Barrett Toohey
Sold by Christina Mecklenburg

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3940 Calle De Ricardo, Palm Springs, CA 92264 (MLS# 219146767) is a Multi-Family property that was sold on April 22, 2026. Want to learn more about 3940 Calle De Ricardo? Do you have questions about finding other Multi-Family real estate for sale in Palm Springs? You can browse all Palm Springs real estate or contact a Coldwell Banker agent to request more information.