Date
Details
Price
Change
Source
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.
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1/21
$1,100,000 Just Listed
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1/21
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.
Full Property Details
Full Property Details for 3940 Calle De Ricardo
General
- Price: $1,100,000
- Status: Active
- Type: Multi-Family
- Source: Desert_Area_Palm_Springs
- MLS ID: 219146767
- Updated: 4/22/2026
- Added to Site: 2 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
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Listing agents
— 3940 Calle De Ricardo —
Kayla Toohey
Desert Sotheby's Int'l Realty
Barrett Toohey
Desert Sotheby's Int'l Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3940 Calle De Ricardo
School District:Palm Springs Unified School District
| Name | Grades | Distance |
|---|---|---|
Cahuilla Elementary School 833 East Mesquite Avenue, Palm Springs, CA 92264 | K-5 | 2.1 mi |
Raymond Cree Middle School 1011 East Vista Chino, Palm Springs, CA 92262 | 6-8 | 2.7 mi |
Palm Springs High School 2401 East Baristo Road, Palm Springs, CA 92262 | 9-12 | 1 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
Tax History
Tax History for 3940 Calle De Ricardo
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,016
-2%
$324,973
2%
2024
$5,119
-1%
$318,602
2%
2023
$5,195
—
$312,356
2%
2022
$5,200
2%
$306,232
2%
2021
$5,117
4%
$300,229
1%
2020
$4,938
1%
$297,152
2%
2019
$4,872
1%
$291,326
2%
2018
$4,801
1%
$285,615
2%
2017
$4,745
-8%
$280,015
-11%
2016
$5,131
6%
$314,337
2%
2015
$4,863
15%
$309,618
17%
2014
$4,242
2%
$265,108
—
2013
$4,172
—
$263,912
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3940 Calle De Ricardo
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 2,713Sq. Ft.
Listed by The Bianco Group (760) 808-0650
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,436Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 1,624Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,012Sq. Ft.
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- Condo
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,020Sq. Ft.
- Mobile Home
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 1,536Sq. Ft.
- Mobile Home
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 672Sq. Ft.
- Condo
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,640Sq. Ft.
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- Single Family
- Closed
- 3Beds
- 2Total Baths
- 1,536Sq. Ft.
Listed by Chase Owens and Associates
- Single Family
- Closed
- Updated 7 days ago
- 3Beds
- 3Total Baths
- 2,660Sq. Ft.
3940 Calle De Ricardo, Palm Springs, CA 92264 (MLS# 219146767) is a Multi-Family property with 5 units containing 0 bedrooms and 5 full bathrooms. 3940 Calle De Ricardo is currently listed for $1,100,000 and was received 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.