3760 El Dorado Boulevard

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3760 El Dorado Boulevard

Palm Springs, CA 92262
Asking Price
$1.59M
Cap Rate
3.5%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Palm Springs, California.
  • The site features a total of three residential units.
  • Property is currently listed at a price of $1,590,000.
  • Investment opportunity currently carries a 3.5% capitalization rate.
  • Situated at 3760 El Dorado Boulevard in the 92262 zip code.

What's Special

Investors seeking an income-producing multifamily asset in Palm Springs will find this three-unit apartment building at 3760 El Dorado Boulevard a functional addition to a regional portfolio. The property benefits from its position within a desert market known for consistent tourism and a demand for flexible housing solutions. As a small-scale residential asset, this building provides a manageable entry point for operators looking to capitalize on the local rental landscape. Palm Springs maintains a reputation as a resilient economic center within the Coachella Valley, drawing residents and seasonal visitors alike. The property is positioned to serve tenants who value access to the regional amenities of Southern California. With a current capitalization rate of 3.5%, this investment offers a stabilized profile for owners interested in the multi-family sector.

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NOI
$80,000
Cap Rate
5.03%
DSCR
0.85
Underwater
Cash-on-Cash
-3.02%
Monthly Payment
$7,866.452
Annual Cash Flow
$-14,397.43

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