3760 El Dorado, Palm Springs, California 92262, Palm Springs, 92262 - 0 bed, 0 bath
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Palm Springs, California 92262
This Residential Income Triplex represents a Strong Value Opportunity, listed at $1,590,000—positioned well below the $1,584,599 Fair Market Value (priced at market stability). Featuring a Good Condition Rating, this turnkey asset offers immediate cash flow with high-demand amenities including a sparkling pool and spa, oversized balconies, and mountain views. The property’s 2006 construction and efficient layout minimize capital expenditure requirements. This is a stable, income-generating acquisition ideal for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a low-maintenance desert retreat.
Property is move-in ready.
Built in 2006, the property falls within the 20-year age bracket for 'Good' condition. The interior features updated wood-look tile flooring and well-maintained living spaces. While the bathroom tile and fixtures are original to the build and appear slightly dated, the overall structure and finishes remain functional, move-in ready, and well-preserved for a rental income property.
The property is fully leased, offering stable cash flow from day one, making it an ideal turnkey investment for residential income seekers.
Built in 2006, this triplex features contemporary Spanish architecture, high ceilings, a community pool/spa, and rare garage parking for every unit.
Residents enjoy breathtaking mountain views from oversized balconies and private yards, significantly enhancing tenant retention and rental appeal.
Situated in North Palm Springs, the property may be subject to higher wind speeds compared to more sheltered southern neighborhoods, which can impact outdoor comfort.
With a list price of $1.59M, the high price-per-unit may result in a lower capitalization rate, requiring a significant down payment to achieve positive leverage.
A stunning high-quality triplex in North Palm Springs, showcasing timeless Spanish architecture. Fully leased residential income property offering immediate, stable cash flow from day one! Each unit features spacious open floor plans, high ceilings, and upscale finishes throughout. The downstairs unit has a huge private yard and the upstairs units have oversized balconies with beautiful mountain views. Each unit comes with 2 parking spaces, one garage plus one assigned parking. The property features sparkling on-site pool and spa, a highly desirable amenity that enhances tenant satisfaction and long-term rental appeal. Enjoy breathtaking mountain views, creating a serene desert retreat that blends style, comfort, and attractive lifestyle features! This home offers the perfect balance of tranquility and accessibility, situated just minutes from the vibrant heart of downtown Palm Springs.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 2006 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 24, 2026
$1,590,000
Initial Listing
Jan 7, 2014
$456,500
Public Record
Oct 22, 2009
$315,000
Public Record