We are pleased to present the opportunity to acquire a multifamily investment property located at 3737 E Calle De Carlos in Palm Springs, California. The offering provides investors with the opportunity to acquire a five-unit income-producing asset in the Demuth Park submarket of Palm Springs, an area supported by consistent rental demand and proximity to key lifestyle and employment drivers. The property is offered at $925,000 and is currently performing at a 5.75% cap rate. Built in 1967, the property consists of approximately 3,800 square feet of rentable living area and is situated on an approximately 10,018 square foot lot. The unit mix is comprised of large studio floor plans with open layouts and private rear patios. The property features open parking and an on-site laundry room, providing convenience for tenants. Utilities including water, sewer, and trash are paid by ownership, while the property is individually metered for electricity (all-electric building). Each unit is equipped with wall-mounted air conditioning units. The property maintains classic interior finishes, offering a foundation for future operational improvements. The property benefits from a well-established residential area with close proximity Palm Springs International Airport, Palm Springs Hi
MLS #
CRCV26070291
MLS Source
California Regional MLS
Days on Site
1
Laundry
Community Facility
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | – |
3737 E Calle De Carlos is a Residential Income in Palm Springs, CA 92264. This – square foot property sits on a 10,018 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $925,000 and was built in 1967. This address can also be written as 3737 E Calle De Carlos, Palm Springs, CA 92264.
©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of April 02, 2026. For the most current information, please contact Gisele Pinedo