3737 East Calle De Carlos

Palm Springs, CA 92264

$950,000
Price
Beds
3,800 Sq. Ft.
$250 / Sq. Ft.
3,800
Sq. Ft.
$250
per Sq. Ft.

Description

This is the building for you if you’re looking for a good return with low hassle. The building and parking area are in excellent condition with almost no common area to maintain and minimal exterior lighting. Location in DeMuth Park West which is a quiet neighborhood in central Palm Springs. Demuth Park sits on the south side of the neighborhood, giving the locals a 61-acre public green space full of sports fields, tennis courts, and playgrounds. Residents also enjoy easy access to many of Palm Springs’...This is the building for you if you’re looking for a good return with low hassle. The building and parking area are in excellent condition with almost no common area to maintain and minimal exterior lighting. Location in DeMuth Park West which is a quiet neighborhood in central Palm Springs. Demuth Park sits on the south side of the neighborhood, giving the locals a 61-acre public green space full of sports fields, tennis courts, and playgrounds. Residents also enjoy easy access to many of Palm Springs’ legendary golf courses such as Mesquite Golf Club and Tahquitz Creek Golf Resort. The community’s location just south of Palm Springs International Airport is perfect for traveling professionals and airport employees. Financial information provided is from 2023 directly from the property manager income statement. Water, trash, sewer, and insurance numbers are from 2022. Property taxes not included in CAP rate calculations.

Listing Agent

  1. Larry Cook

    Larry Cook

    Listing Agent

    Compass

    DRE #02070820

    larry.cook@compass.com

    P: 818.564.6176

Property Details for 3737 East Calle De Carlos

Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Forced Air
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3800
Assessor Parcel Number
680-045-002

Location

Listing Courtesy of Compass, Larry Cook, DRE #02070820
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LISTING UPDATED: 05/06/2024 08:25 AM

Property Details for 3737 East Calle De Carlos

StatusActive
MLS #SR24087810
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
CountyRiverside County

Location

Listing Courtesy of Compass, Larry Cook, DRE #02070820
Add your commute

Building Information for 3737 East Calle De Carlos

Building/Complex3737 E Calle De CarlosFloor-Stories1Residences-Pet Policy-Year Built1967Building Size-

Payment Calculator

$6,009 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$824

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3737 East Calle De Carlos

Income / Expense / Tax Details
Income Details
  • Gross Income: $65,347
  • Gross Scheduled Income: $65,348
  • Net Operating Income: $34,833
  • Cap Rate: 4.04
Expense Details
  • Operating Expense: $26,915
  • Expense Year: $2,023
  • Fuel Expense: $0
  • Electric Expense: $1,487
  • Insurance Expense: $2,000
  • Maintenance Expense: $12,465
  • Professional Management Expense: $5,977
  • Other Expense: $713
  • Trash Expense: $3,396
  • Water Sewer Expense: $877
  • Total Expenses: $26,915
Tax / Assessment Info
  • Tax Tract Number: 044...
  • CFD/Mello-Roos Fee: $1,485
  • Tax Lot: 22mb
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Foothills, Park, Watersports, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • Fence: No
  • Fence: None
  • Fencing: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 0-1 Unit/Acre, Park Nearby, Paved
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Demuth Park
  • Builders Tract Code: Demuth Park (33443)
  • Building Status: Existing
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,470
  • Unit Type Total Rent: $1,470
  • Unit Type Pro Forma: 1470
  • Unit Type Area: 760
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,050
  • Unit Type Total Rent: $1,050
  • Unit Type Pro Forma: 1050
  • Unit Type Area: 760
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,273
  • Unit Type Total Rent: $1,273
  • Unit Type Pro Forma: 1273
  • Unit Type Area: 760
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,399
  • Unit Type Total Rent: $1,399
  • Unit Type Pro Forma: 1399
  • Unit Type Area: 760
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $829
  • Unit Type Total Rent: $829
  • Unit Type Pro Forma: 829
  • Unit Type Area: 760
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 3737 East Calle De Carlos

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3737 East Calle De Carlos

Taxable ValueLand$132,951Additions$531,811Total$664,762
Tax Record2023$9,891 ($824 / month)
Home Facts
Total Finished SqFt3,608 SqFtAbove Grade Finished SqFt3,608 SqFtStories1Lot Size10,018 SqFtStyleMulti-Family Res (5+ Units)Year Built1967ZoningR2CountyRIVERSIDEAPN680-045-002

Schools near 3737 East Calle De Carlos

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Cahuilla Elementary School
PublicK to 5

Raymond Cree Middle School
Public6 to 8

Palm Springs High School
Public9 to 12

Cielo Vista Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3737 East Calle De Carlos is a multi-family home for sale in Palm Springs, CA 92264. This property was listed for sale on May 2, 2024 by Compass, it's currently listed at $950,000. It has been on the market for a total of 18 days and was last sold on November 14, 2018. This listing's school district is Palm Springs Unified School District. Nearby schools include Cahuilla Elementary School, Raymond Cree Middle School and Palm Springs High School. 3737 East Calle De Carlos is a 0-bed, 0-bath, 3,800 sqft multi-family home built in 1967.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Larry Cook, DRE #02070820

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.