68850 Cedar Road, Cathedral City, CA 92234

$700,000

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Sold Price
$700,000
List Price
$759,000
Closing Date
May 29, 2026
Status
CLOSED
MLS#
PW26034459
Year Built
1991
Lot Size
13,068
Acres
0.30
Lot Location
Back Yard, Cul-De-Sac, Street Level
Days on Market
81
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level
Neighborhood
Other

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!

Additional Information

Appliances
Dishwasher, Free-Standing Range, Disposal, Gas Water Heater, Range Hood
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
6
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$79,200
Operating Expense
23000
Garage Spaces
6
Levels
One
Parking Spaces
6

Listing courtesy of Listing Agent: Dave Chamberlain (dave@teamchamberlain.com) from Listing Office: Team Chamberlain Realty Exe..

Listing sold by Dave Chamberlain from Team Chamberlain Realty Exe.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.