$700,000
$759,000
7.8%For more information regarding the value of a property, please contact us for a free consultation.
68850 Cedar RD Cathedral City, CA 92234
0.3 Acres Lot
Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW26034459
Sold Date 05/29/26
HOA Y/N No
Year Built 1991
Lot Size 0.300 Acres
Property Sub-Type Triplex
Property Description
Excellent investment opportunity! Three of thirteen units for sale from this estate. Great residential income-generating triplex in a strong Cathedral City rental market! 68850 Cedar Road, features an almost 14,000 square foot private lot and three fully rented units, providing immediate cash flow. Three 3 Bedroom, 2 Bath homes each with a 2 car garage on a cul-de-sac. This property is situated in a desirable location with high rental demand, close to recreation, shopping, dining, schools, and major commuter routes! Analysis is based on proforma rents!
Location
State CA
County Riverside
Area 335 - Cathedral City North
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Flooring Tile
Fireplace No
Appliance Dishwasher, Free-Standing Range, Disposal, Gas Water Heater, Range Hood
Laundry Outside
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Biking, Dog Park, Golf, Hiking
Total Parking Spaces 6
Private Pool No
Building
Lot Description Back Yard, Cul-De-Sac, Street Level
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 680401009
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
Special Listing Condition Trust
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Bought with Dave Chamberlain Team Chamberlain Realty Exe.
Mauri Tamborra
Broker Associate, REALTOR®, CNE, CDPE, EcoBroker, RE/MAX Circle of Legends | License ID: CA DRE 02132134|CO DRE 042397