29680 Landau Blvd Cathedral City, CA 92234
Panorama Neighborhood
6
Beds
4
Baths
2,710
Sq Ft
7,405
Sq Ft Lot
Highlights
- Mountain View
- 1-Story Property
- Family Room
- Tile Flooring
- Central Heating and Cooling System
About This Home
As of November 2024Phenomenal opportunity to own an income property in Cathedral City. Priced to sell quickly under $300K per door, both units occupied with long term tenants. Each unit boasting 3 bedrooms, 2 bathrooms and each unit has a 2 car garage. Great location, close to schools and minutes from down town Palm Springs. Tremendous upside, low expenses, and easy maintenance. Great Opportunity to own 3 income producing properties as MLS #219116562 is for sale and MLS #219116561 is also for sale.
Last Agent to Sell the Property
Re/Max Desert Properties License #01930882 Listed on: 09/11/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,242
Year Built
- Built in 2000
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Duplex
- "S" Clay Tile Roof
Interior Spaces
- 2,710 Sq Ft Home
- 1-Story Property
- Family Room
- Tile Flooring
- Mountain Views
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Parking
- 4 Car Garage
- Driveway
Schools
- Landau Elementary School
Utilities
- Central Heating and Cooling System
- Sewer in Street
Listing and Financial Details
- Tenant pays for electricity, water, gas
- The owner pays for gardener, trash collection
- Assessor Parcel Number 675251028
Community Details
Overview
- 2 Units
- Panorama Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2024
Closed on
Oct 10, 2024
Sold by
Frank J Walters Revocable Trust and Yates Jeremy P
Bought by
Rodriguez Gumesindo Acevedo and Rodriguez Honoria Jimenez
Seller's Agent
Mitchell Matthews
Re/Max Desert Properties
Buyer's Agent
Ron Lindemann
Desert Sotheby's International Realty
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.55%
Original Mortgage
$446,250
Outstanding Balance
$442,239
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$294,498
Purchase Details
Closed on
Jan 10, 2023
Sold by
Walters Frank J and Walters Shirley A
Bought by
Frank J Walters Revocable Trust
Purchase Details
Listed on
May 3, 2012
Closed on
Jun 13, 2012
Sold by
The Bank Of New York
Bought by
Walters Frank J and Walters Shirley A
Seller's Agent
Steven Lockwood
HomeSmart Professionals
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$173,000
Sold Price
$240,000
Premium/Discount to List
$67,000
38.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Purchase Details
Closed on
Apr 6, 2012
Sold by
Sangiordi Marco J
Bought by
The Bank Of New York
Purchase Details
Closed on
Jun 1, 2005
Sold by
Sangiorgi Marco J
Bought by
Sangiorgi Marco J and Marco J Sangiorgi Revocable Trust
Purchase Details
Closed on
Feb 21, 2001
Sold by
Garcia Modesto
Bought by
Sangiorgi Marco J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 26, 2000
Sold by
Perez Lorena
Bought by
Garcia Modesto
Purchase Details
Closed on
Sep 8, 2000
Sold by
Schuster Harold Wilbur and Schuster Yvonne Marc
Bought by
Garcia Modesto
Similar Homes in Cathedral City, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $595,000 | Wfg National Title | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $240,000 | Ticor Title | |
| Trustee Deed | $395,133 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $200,000 | Benefit Land Title Ins Co | |
| Interfamily Deed Transfer | -- | Benefit Land Title Ins Co | |
| Grant Deed | $25,000 | Benefit Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $446,250 | New Conventional | |
| Previous Owner | $326,250 | Unknown | |
| Previous Owner | $180,700 | Commercial | |
| Previous Owner | $175,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | Price Changed | $777,777 | -2.8% | $287 / Sq Ft |
| 06/11/2025 06/11/25 | Price Changed | $799,999 | -1.2% | $295 / Sq Ft |
| 04/24/2025 04/24/25 | Price Changed | $809,999 | -1.2% | $299 / Sq Ft |
| 04/04/2025 04/04/25 | Price Changed | $819,999 | -2.4% | $303 / Sq Ft |
| 03/07/2025 03/07/25 | Price Changed | $839,999 | -1.2% | $310 / Sq Ft |
| 01/14/2025 01/14/25 | For Sale | $849,999 | +42.9% | $314 / Sq Ft |
| 11/01/2024 11/01/24 | Sold | $595,000 | -0.7% | $220 / Sq Ft |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- |
| 09/11/2024 09/11/24 | For Sale | $599,000 | +149.6% | $221 / Sq Ft |
| 06/21/2012 06/21/12 | Sold | $240,000 | +38.7% | $89 / Sq Ft |
| 06/15/2012 06/15/12 | Pending | -- | -- | -- |
| 05/03/2012 05/03/12 | For Sale | $173,000 | -- | $64 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,242 | $1,015,000 | $175,000 | $840,000 |
| 2023 | $5,242 | $289,733 | $57,943 | $231,790 |
| 2022 | $5,016 | $284,053 | $56,807 | $227,246 |
| 2021 | $4,833 | $278,485 | $55,694 | $222,791 |
| 2020 | $4,594 | $275,630 | $55,123 | $220,507 |
| 2019 | $4,488 | $270,227 | $54,043 | $216,184 |
| 2018 | $4,434 | $264,930 | $52,984 | $211,946 |
| 2017 | $4,348 | $259,737 | $51,946 | $207,791 |
| 2016 | $4,233 | $254,645 | $50,928 | $203,717 |
| 2015 | $4,096 | $250,822 | $50,164 | $200,658 |
| 2014 | $4,051 | $245,910 | $49,182 | $196,728 |
Source: Public Records
Agents Affiliated with this Home
-
marlene mejia
Seller's Agent in 2025
marlene mejia
REALTY ONE GROUP ROADS
(909) 549-6907
17 Total Sales
-
Mitchell Matthews
Seller's Agent in 2024
Mitchell Matthews
RE/MAX
(760) 289-4124
1 in this area
66 Total Sales
-
Ron Lindemann
R
Buyer's Agent in 2024
Ron Lindemann
Desert Sotheby's International Realty
(760) 219-8353
1 in this area
54 Total Sales
-
S
Seller's Agent in 2012
Steven Lockwood
HomeSmart Professionals
-
N
Buyer's Agent in 2012
NonMember AgentDefault
NonMember OfficeDefault
Map
Source: California Desert Association of REALTORS®
MLS Number: 219116558
APN: 675-251-028
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