3737 E Calle De Carlos Palm Springs, CA 92264
Five-unit property in Demuth Park neighborhood with income potential.
Type:Multifamily
Property size:
3,800 SFLot size:
0.23 Acres- Added:
- Apr 4, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 4 at 8:02 pm
Property Features for 3737 E Calle De Carlos
General Information
- Standard status
- Active
- Size
- 3,800 SF
- Lot size
- 0.23 Acres
- Property subtype
- Multifamily
Listing agent Gisele Pinedo License #CA: 02188347 (909) 456-3477
Listing office Inland Empire Office (909) 456-3477
Listing date Apr 4, 2026
Source Marcusmillichap
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Overview
Palm Springs Multifamily Investment Opportunity
Located at 3737 E Calle De Carlos in Palm Springs, California, this multifamily investment property offers investors the opportunity to acquire a five-unit income-producing asset in the Demuth Park submarket. 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. Utilities including water, sewer, and trash are paid by ownership, while the property is individually metered for electricity. Each unit is equipped with wall-mounted air conditioning units. The property maintains classic interior finishes. Located in the Demuth Park neighborhood, the property benefits from a well-established residential setting with close proximity to Palm Springs International Airport, Palm Springs High School, and the retail and dining amenities of downtown Palm Springs. The property’s proximity to the airport provides convenient access for both residents and local employees, while the surrounding area continues to demonstrate stable rental demand driven by Palm Springs’ year-round appeal. The property presents an ideal opportunity for a first-time multifamily investor or a 1031 exchange buyer looking to grow their portfolio with long-term appreciation potential.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Palm Springs
- County
- Riverside
- State
- California
- Longitude
- -116.5055332
- Latitude
- 33.8144516
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Five-unit property in Demuth Park neighborhood with income potential.
Where is this apartment building located?
The property is located at 3737 E Calle De Carlos Palm Springs, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Income‑producing 5‑unit multifamily property in Palm Springs, CA.; Offered at a solid 5.75% cap rate.; Located in the Demuth Park submarket, an area with consistent rental demand.
