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Property profile & analytics
FOR SALE
Apartment buildings
3737 Calle De Carlos Palm Springs, CA 92264
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5161125
For Sale
1 / 14
$870,000
3737 Calle De Carlos, Palm Springs, CA 92264
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1967
Construction
WOOD
Total area
3,608 SF
Lot
0.23 ac (10,018 SF)
Zoning code
R2
APN
680-045-002
UPID
US09-5161125
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$792k
Blend (final)
Blend
$800k
Owner & transaction history
Ga Global Investment LLC · 7 yrs held
Ga Global Investment LLC
since 2019
7 recorded transactions
Zoning & alternative use
R2 · Palm Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palm Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palm Springs submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,315,000
Current use
RETAIL STORES
$1,310,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$222 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,730
Tax year 2024
Assessed value
$678,057
Assessed 2024
Previous assessed
$678,057
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$135,610
Assessed improvement
$542,447
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1967
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
5
Total area
3,608 SF
Lot
0.23 ac (10,018 SF)
Zoning code
R2
APN
680-045-002
UPID
US09-5161125
Jurisdiction
RIVERSIDE
Zoning & alternative use
R2 · Palm Springs, CA
Zoning R2 · permitted uses
R2 · Palm Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palm Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS) Current
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
5
Lot
0.23 ac
Current owner
From public records · entity-resolved
Ga Global Investment LLC
Entity
Mailing address
7067 MIDDLESBURY RDG CIR, WEST HILLS, CA 91307-1814
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2019
$620,000
Ga Global Investment LLC
Richard Paul Matgen
Grant Deed
$320,000 · Provident Savings Bank
Oct 11, 2018
—
Matgen,richard P 2002 Trust
Craig G C 2002 Trust
Quit Claim Deed
related
—
Dec 9, 2013
$420,000
Craig,george C 2002 Trust
Shipley 2008 Living Trust
Grant Deed
—
Apr 11, 2012
—
Shipley D 2008 Living Trust
Shipley 2008 Living Trust
Quit Claim Deed
related
—
Jul 14, 2008
—
Shipley D Living 2008 Trust
Shipley,david
Quit Claim Deed
related
—
Aug 1, 2007
—
Marlow David Trust
Marlow,david
Quit Claim Deed
related
—
Sep 12, 2005
—
Britton Bertha M Tr
Britton,othel C
Affidavit Of Death
related
—
Sep 9, 2005
$630,000
David Shipley
Britton O C & B M Trust
Grant Deed
$98,000 · Ruth H Shipley
—
—
George C Craig
—
Deed Of Trust
related
$900,000 · Labrosse Wynnette M Trust (pt)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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