NOT LISTED FOR SALE

34901 Marcia Rd Unit 1-4 Cathedral City, CA 92234

Aqua Caliente South Neighborhood

Estimated Value: $669,000 - $1,137,000

8 Beds
8 Baths
5,200 Sq Ft
$178/Sq Ft Est. Value

Last Sold April 22, 2019

Last sale price $695,000 $134 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,084/month

121 Days on Market

Highlights

  • Views
  • Forced Air Heating and Cooling System
  • Paved or Partially Paved Lot
  • Landscaped

About This Home

As of April 2019

6.0 CAP rate! Where can you find that? Always fully occupied with tenant waiting list. All leases are short term and therefore may be increased at new buyer's discretion. All tenants have been here at least 4 years. Some more than that. Fabulous, centrally located.

Last Agent to Sell the Property

James Fortson

JBRE, Inc License #01459827 Listed on: 11/15/2018

Last Buyer's Agent

Igor Mogilevsky

Igor Mogilevsky, Broker License #01840310

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,289

Year Built

  • Built in 1986

Lot Details

  • 0.33 Acre Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 8 Car Garage

Home Design

  • 5,200 Sq Ft Home
  • Slab Foundation
  • Stucco Exterior

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities

Additional Features

  • Property Views

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 673182010

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,347
  • Operating Expense $1,832
  • Gross Income $57,600
  • Net Operating Income $39,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,289

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level, No Unit Above
  • Price Per Unit: 179987.00
  • Builders Tract Code: NA336
  • List Price per Sq Ft: 138.45
  • Lp Sp Ratio: 0.9653
  • Year Built: 1986
  • Internal Listing I D: 20190608184821077372000000
  • Listing I D: 218030790
  • Listing Office Address: 70600 Country Club Dr., Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 537-1504
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 10650 Reagan St. #2768, Los Alamitos, CA 90720
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Estimated Sq Ft: 5200.00

Exterior Features

  • Construction: Stucco
  • Foundation: Slab
  • View: Yes

Garage/Parking

  • Parking Info Total Garage Spaces: 8.00
  • Parking Info Total Parking Spaces: 14.00

Utilities

  • Number Electric Meters: 4
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 4

Lot Info

  • Assessor Parcel Number: 673182010
  • Lot Description: Landscaped, Street Paved, Utilities Underground, Street Public, Level
  • Lot Size: 14175.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Gas, Electricity
  • Land Lease Type: Fee Simple

Tax Info

  • Annual Tax: 8289.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Bulkin Yakov
Bought by
Bulkin Family Trust and Bulkin
Current Estimated Value
$922,899

Purchase Details

Listed on
Nov 15, 2018
Closed on
Apr 9, 2019
Sold by
Equity Trust Company
Bought by
Bulkina Zhanna and Bulkin Yakov
Seller's Agent
James Fortson
JBRE, Inc
Buyer's Agent
Igor Mogilevsky
Igor Mogilevsky, Broker
List Price
$749,900
Sold Price
$695,000
Premium/Discount to List
-$54,900
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$552,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2013
Sold by
Gomez Alicia
Bought by
Equity Trust Company

Purchase Details

Closed on
Jun 5, 2002
Sold by
Hani Mohammadali
Bought by
Gomez Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
6.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1995
Sold by
American Svgs Bank Fa
Bought by
Hani Mohammadali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,724
Interest Rate
7.36%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 1995
Sold by
Andler Maxwell M and Andler Jere K
Bought by
American Svgs Bank Fa
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Bulkin Family Trust -- None Listed On Document
Bulkina Zhanna $695,000 Orange Coast Title Co
Equity Trust Company $307,500 Orange Coast Title
Gomez Alicia $320,000 Commonwealth Land Title Co
Hani Mohammadali $147,000 Investors Title Company
American Svgs Bank Fa $131,750 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bulkina Zhanna $552,000
Previous Owner Gomez Alicia $186,000
Previous Owner Hani Mohammadali $144,724
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2019 04/22/19 Sold $695,000 -7.3% $134 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $749,900 -- $144 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $14,645 $775,280 $155,054 $620,226
2023 $14,645 $745,177 $149,034 $596,143
2022 $14,126 $730,566 $146,112 $584,454
2021 $13,738 $716,243 $143,248 $572,995
2020 $13,130 $708,900 $141,780 $567,120
2019 $8,451 $337,909 $63,183 $274,726
2018 $8,289 $332,075 $61,945 $270,130
2017 $8,166 $326,020 $60,731 $265,289
2016 $8,010 $319,653 $59,541 $260,112
2015 $7,842 $314,873 $58,648 $256,225
2014 $7,791 $308,500 $57,500 $251,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    James Fortson

    JBRE, Inc

  • I

    Buyer's Agent in 2019

    Igor Mogilevsky

    Igor Mogilevsky, Broker

    (562) 673-3386

    3 Total Sales

    Igor Mogilevsky
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Map

Source: California Desert Association of REALTORS®

MLS Number: 218030790

California Desert Association of REALTORS®

APN: 673-182-010

California Riverside County Cathedral City 92234 Aqua Caliente South

34901 Marcia Rd Unit 1-4, Cathedral City, CA

Not Listed for Sale

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