Palm Springs, CA 92264 3737 E Calle De Carlos
$950,000
11 more
Presented By: Laurence Cook with Compass; 818-564-6176
Beds • 5
Baths • 5
SQFT • 3,800
Home Details
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.
Presented By: Laurence Cook with Compass; 818-564-6176
Interior Features for 3737 E Calle De Carlos
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 3737 E Calle De Carlos
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.04
Carport Y/NNo
CityPalm Springs
Community FeaturesBiking, Curbs, Foothills, StormDrains, StreetLights, Sidewalks, WaterSports, Park
ContingencyAssesor shows 3608 sft. According to owner, each unit is 760 sft. 5 unit X 760=3800. Agent nor owner guarantee accuracy of any info provided in listing including, but not limited to, lot size, living
CoolingCentralAir
CountyRiverside
Days on Market3
DirectionsTake the 10 to 111 to Ramon rd
Electric Expense1487.0
Entry Location1
Expected Active Date 2024-05-02
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income65347.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan, Conventional, CalVetLoan, Item1031Exchange, VALoan
Lot Size Square Feet10019.0
MLS Area334 - South End Palm Springs
MaintenanceExpense12465.0
MobileHomeRemainsYNNo
Net Operating Income38433.0
New ConstructionNo
Operating Expense26915.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameCalle De Carlos
Subdivision NameDemuth Park (33443)
Tax Lot22mb
Total Actual Rent71712.0
Total Units5
Trash Expense3396.0
View Y/NNo
Water Sewer Expense877.0
Waterfront Y/NNo
Year Built1967
Year Built SourceAssessor
Exterior for 3737 E Calle De Carlos
Building Area Total3800.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre, NearPark, Paved
Lot Size Acres0.23
Lot Size Area10019.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters0
Number of Separate Water Meters0
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480