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3737 East Calle De Carlos, Palm Springs
$799,000
CV-26070291 MLS
We are pleased to present the opportunity to acquire 3737 E Calle De Carlos, a five-unit multifamily investment property located in the Demuth Park submarket of Palm Springs, California. Offered at $799,000, the property presents a unique value-add opportunity with four of the five units currently vacant, providing a new owner with immediate flexibility to execute their preferred investment strategy. Investors may elect to lease the available units in their current configuration, renovate and reposition the interiors, or explore converting the large studio floor plans into one-bedroom units to further enhance rental income and long-term value. Built in 1967, the property consists of approximately 3,625 square feet of rentable living area situated on an approximately 0.23-acre lot. The unit mix consists of five large studio / one-bathroom units averaging approximately 725 square feet, each featuring an open floor plan and private rear patio. Additional features include open parking and an on-site laundry room. The all-electric property is individually metered for electricity, while ownership pays water, sewer, and trash.At the current asking price, leasing the vacant units at market rents in their existing studio configuration results in a projected stabilized cap rate of approximately 6.74%, providing an attractive return without requiring substantial repositioning. For investors seeking additional upside, the combination of large floor plans, private patios, and four available units creates an opportunity to renovate and reposition the interiors or explore one-bedroom conversions, subject to buyer verification. Located in an established Palm Springs residential neighborhood, the property benefits from convenient proximity to Palm Springs International Airport, Palm Springs High School, and the retail, dining, and entertainment amenities of Downtown Palm Springs. Overall, 3737 E Calle De Carlos presents a compelling value-add opportunity with multiple paths to increased income and long-term value. With four units available for immediate repositioning, a new owner has the flexibility to lease the studios at market rents, renovate and enhance the existing units, or explore converting the large studio floor plans into one-bedroom units. The offering combines a clear path to stabilization with multiple opportunities to enhance income and create long-term value.

3737 East Calle De Carlos, Palm Springs

1900 East Baristo Road, Palm Springs
$1,275,000
CV-26045872 MLS
Baristo Apartments is a 7-unit multifamily investment property located at 1900 E Baristo Road in Palm Springs, California. Situated on a corner lot at the intersection of Baristo Road and S. Saturmino Drive, the property is located within the desirable Sunrise Park submarket of Palm Springs. Built in 1970, the property consists of approximately 5,231 square feet of rentable building area situated on a 11,761 square foot R-2 zoned lot. The unit mix includes one studio, five one-bedroom / one-bathroom units, and one three-bedroom / two-and-a-half-bathroom unit. The property offers 7 open parking spaces, a community pool and a shared laundry room. Units 1 and 6 feature individual in-unit washer and dryer hookups. The property benefits from its proximity to Palm Springs High School, the public library, downtown Palm Springs retail and Dining, and Palm Springs International Airport. The surrounding area is characterized by established residential neighborhoods, strong year-round rental demand, and Palm Springs’ continued appeal as a resort destination and short-term rental market (subject to local regulations). The corner lot positioning provides added visibility, access, and overall curb appeal. 1900 E Baristo Road presents investors with the opportunity to acquire a well-located, income-producing asset within one of Southern California’s most established resort markets. Please do not Disturb Tenants, Walk and/or Talk to Anyone at the Property. For Further Information, Please Contact the Listing Agents.

1900 East Baristo Road, Palm Springs

2183 E Paseo Gracia, Palm Springs
$760,000
4 Beds ⋅ 2 Baths ⋅ 219138799 MLS
Owned solar system, newer roof (2019), Newer water heater (2023), New A/C and heating system (2024), Direct-access garage, Driveway parking for four vehicles, RV/EV parking with 220V hookup, All of this just a few minutes from the Downtown Palm Springs shops, a short stroll to the new (in construction) College of the Desert West Valley Campus, The Palm Springs Cultural Center, The Palm Springs Public Library (currently being renovated), The Palm Springs Swim Center, Palm Springs Skatepark, Mizell Center, Boys & Girls Club of Palm Springs, Palm Springs High School, restaurants, cinema, casino, and The Palm Springs Convention Center and much more. Discover an exceptional opportunity to own a special Palm Springs retreat in a neighborhood on the rise. Surrounded by some beautifully updated homes—some now listed well above this home—this property offers incredible value and the chance to invest in one of the city's most desirable areas. Step inside this spacious four-bedroom, two-bath home and enjoy a bright, open floor plan that seamlessly connects the living, dining, and kitchen areas—ideal for gatherings, entertaining, or simply relaxing in style. The kitchen is designed for connection and convenience, featuring stainless steel appliances, a wine fridge, a full wall pantry, and generous bar seating for family and friends. The primary suite feels like a daily vacation, complete with a marble shower, jetted soaking tub, dedicated vanity area, and direct access to the pool—perfect for morning swims or sunset lounging. Your private backyard oasis awaits with mountain views, an updated deck, fire pit, lawn, and abundant space to customize to your vision. Whether you dream of outdoor dining, a garden, or expanded entertainment areas, the possibilities are endless. Don't miss your chance to secure a home with tremendous value, prime walkability, and true Palm Springs lifestyle living.

2183 E Paseo Gracia, Palm Springs

414 Bradshaw Lane 64, Palm Springs
$327,000
2 Beds ⋅ 2 Baths ⋅ 00-23335843 MLS
Fully Remodeled! Fabulous! Rare, Fee Simple (no land lease)! Featuring a low HOA of $380/ Mo, this super rare villa condominium with no one above you (not everyone here has that) is 2 bedrooms and 2 bathrooms. It features a full remodel including, open concept living area, new Bryant HVAC, new soft close cabinets on top and bottom, new backsplash, new island, new counter top, new dishwasher, new electric oven with air fryer, built in microwave, new plank flooring, new baseboards, new vanities, new tiled showers, new tankless water heater, 220 Volt laundry closet (not all units have this), fresh paint, new ceiling fans (3). Beautiful curbing and concrete patio accents in both patios. Peek- a- boo mountain views from the living room and primary bedroom, primary suite and primary patio. 2 skylights, 2 community spas and pool. It includes one carport parking spot and storage on site 8ft x 8 ft!! Entertain on your patios, in the open concept living area, at the 2 community pools and spas, or take a short drive in any direction and explore our beautiful and HIP desert. The sought after Pueblo Sands gated community in Palm Springs is just a short walk away from The Palm Springs International Airport, a short walk away from St Theresa Catholic Church, Palm Springs High School, Prescott Preserve and Demuth Park, 3 minutes away from Gene Autry Plaza which has an abundance of shopping, 5 minutes from The SmokeTree Commons (where many Palm Springs Celebrities shop), 8 minutes from Downtown Palm Springs, 10 minutes away from downtown Cathedral City. Dinah Shore or The Mid-valley Parkway as its also called is a couple blocks away and gets you anywhere in the Coachella Valley quickly. Very difficult to find upgraded unit where you own the land in Palm Springs at this price.

414 Bradshaw Lane 64, Palm Springs

1251 Vista Sol, Palm Springs
$775,000
4 Beds ⋅ 3 Baths ⋅ TR-25013370 MLS
Experience the unrivaled charm of this luxurious home in the alluring community of Mountain Gate, nestled in the foothills of Mt. San Jacinto. The community boasts three communal pools, and courts for tennis, pickleball, and basketball, offering an array of recreational options. This home has been extensively upgraded, featuring a high-pressure misting system - for enjoying outdoor meals during the hot summer months. A fantastic BBQ island, equipped with a refrigerator, sink, and side burner, sits adjacent to a bar that comfortably seats six. One bed room was converted to a formal dinning room, ideal for hosting dinners. The courtyard, remodeled with travertine tiles, serves as an additional outdoor seating area, where you can enjoy the fireplace on clear Palm Springs winter evenings. Among the numerous upgrades, the aqualink system stands out, allowing you to conveniently control the spa heat, pool, spa lights, and misting system. The private casita, with its own entrance, makes a nice home office, ensuring a quiet and productive workspace. The two-car garage includes storage closets. All toilets in the home have been replaced with one-piece, double-flush, energy-efficient models. The entire house features LED lighting for maximum energy efficiency. The bathrooms have been updated with new fixtures that are both energy and water efficient. In the kitchen, a new island has been installed, and the granite countertops throughout the house have been upgraded. The kitchen sink has been upgraded to a zero-radius sink, enhancing both form and function, appliance upgrade include Bosch refrigerator and dishwasher. Other upgrades include Nest thermostat, Yale keyless entry, Ring doorbell and Lorex camera system. An efficient solar system powers the air ac, pool and pond pumps, and even your electric car charging station. The Koi Pond is a serene feature that supports a permanent school of goldfish and can accommodate Koi. The pond also nurtures Monarch butterfly populations, with milkweed growing along its sides. In the summer, colorful water lilies bloom, attracting hummingbirds and other small wildlife. Springtime brings a burst of color with irises and tulips. The soothing waterfalls provide a relaxing ambiance for unwinding after a long day. Envision yourself in this exceptional residence and make it yours.

1251 Vista Sol, Palm Springs

181 East Paseo Florido, Palm Springs
$450,000
2 Beds ⋅ 2 Baths ⋅ 00-24409845 MLS
Location, Location, Location...one block from the PS International Airport (No airport noise). Close to Palm Springs Village, downtown, across the street from the civic center, (Police station, City Hall and Riverside courthouse). Sundial is the best kept secret in Palm Springs. Contemporary Mediterranean architecture with high ceilings, lots of light and an attached 2 car garage make this unit very desirable. This is an "A" plan with a large loft on the upper level, the Primary bedroom has a walk in closet, newer vanity sink combo and large walk in shower. There is also a terrace off the primary bedroom that was rebuilt a couple years ago at a cost of $10,000. The second bedroom is located adjacent to the loft area and 2nd bathroom. The Loft can be an entertainment hub or office/den. This home is a PUD, which means it is available for FHA financing...(I know it works because I live at Sundial since 1999 and refinanced years ago with an FHA loan). The kitchen at this property is amazing with lots of cupboard space, newer cabinets and built-ins. The washer and dryer are included in the garage. When you enter the property you will notice a large atrium (it needs attention but when your creativity is finished it is an amazing centerpiece for the living area). Just outside on the patio of the living area you will be close to pool #3 but not bothered by it, overlooking a green belt to the pool. Sundial is a well established, quiet, yet engaging community If you travel often by plane or work at the airport or at the City offices, this is a perfect choice! Located a block from the Palm Springs High School, Camelot theatre, and the new planned community college. You will love this location!

181 East Paseo Florido, Palm Springs

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Homes near High School in Palm Springs, CA

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