NOT LISTED FOR SALE
4 Beds
4 Baths
2,065 Sq Ft
8,276 Sq Ft Lot

Last Sold July 25, 2023

Last sale price $495,000 $240 Per Sq Ft

6 Days on Market

About This Home

As of July 2023

Investment Opportunity in Cathedral City, CA - Duplex PropertyWelcome to this investment property located in the vibrant city of Cathedral City, California. This duplex offers an excellent opportunity for both seasoned investors and those looking to start their real estate portfolio. With two spacious units, each featuring 2 bedrooms, 2 baths, a backyard, and a car garage.This duplex presents an excellent investment opportunity, with the potential for stable rental income. Whether you choose to rent out both units or occupy one while renting the other, this property offers flexibility and the chance to build equity. Cathedral City's growing rental market and strong demand for quality housing make this investment even more enticing.Don't miss out on this incredible chance to add a profitable property to your investment portfolio. Take advantage of this duplex's desirable features, prime location, and strong rental potential. Schedule a showing today and explore the possibilities that await with this Cathedral City investment gem.For more information or to schedule a viewing don't hesitate to reach out.

Last Agent to Sell the Property

Emmanuel Gonzalez

Big Block Realty, Inc. License #02105034 Listed on: 06/20/2023

Last Buyer's Agent

Louis DiGonzini

DiGonzini Real Estate License #01502775

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 8,276

Home Design

  • Duplex

Interior Spaces

  • 2,065 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 3 Car Garage
  • 2 Parking Garage Spaces
  • Driveway

Utilities

  • Central Air
  • Water Heater
  • Sewer in Street

Additional Features

  • 8,276 Sq Ft Lot
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 680372015

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Property Attached/Detached: No
  • Levels: Ground
  • List Price per Sq Ft: 251.82
  • Lp Sp Ratio: 0.9500
  • View Type: Mountain(s)
  • Year Built: 1987
  • Internal Listing I D: 20230620224448524093000000
  • Listing I D: 219096511
  • Listing Office Address: 2820 Camino Del Rio S. #300, San Diego, CA 92108
  • Listing Office Fax: (619) 819-6714
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 260 E Baker Street, Suite 200, Costa Mesa, CA 92626
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2065.00

Exterior Features

  • View: Yes

Garage/Parking

  • Parking: Driveway
  • Parking Info Total Garage Spaces: 3.00
  • Parking Info Total Parking Spaces: 5.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 2
  • Cooling Type: Air Conditioning
  • Sewer: In Street Paid
  • Number Gas Meter: 2
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 680372015
  • Lot Size: 8276.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Units: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $495,000 -4.8% $240 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $520,000 -- $252 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219096511

California Desert Association of REALTORS®