68850 Cedar Rd Cathedral City, CA 92234
Whitewater NeighborhoodEstimated payment $5,031/month
Highlights
- Golf Course Community
- No HOA
- Cul-De-Sac
- No Units Above
- Hiking Trails
- 4-minute walk to Ocotillo Park
About This Home
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!
Listing Agent
Team Chamberlain Realty Exe. Brokerage Phone: 714-875-5330 License #00762670 Listed on: 02/21/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1991
Lot Details
- 0.3 Acre Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Cul-De-Sac
- Level Lot
- Back Yard
Parking
- 6 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 13,068 Sq Ft Home
- 1-Story Property
- Living Room
- Tile Flooring
Kitchen
- Free-Standing Range
- Range Hood
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 39
- Tax Tract Number 12345
- Assessor Parcel Number 680401009
- $1,183 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Recreation
- Golf Course Community
- Dog Park
- Hiking Trails
- Bike Trail
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Trash Expense $2,000
- Water Sewer Expense $3,000
- Operating Expense $6,500
- Gross Income $76,800
- Net Operating Income $56,200
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,271 | $255,509 | $20,364 | $235,145 |
| 2023 | $4,271 | $245,589 | $19,574 | $226,015 |
| 2022 | $4,074 | $240,775 | $19,191 | $221,584 |
| 2021 | $3,916 | $236,055 | $18,815 | $217,240 |
| 2020 | $3,686 | $233,636 | $18,623 | $215,013 |
| 2019 | $3,578 | $229,056 | $18,258 | $210,798 |
| 2018 | $3,453 | $224,565 | $17,901 | $206,664 |
| 2017 | $3,372 | $220,162 | $17,550 | $202,612 |
| 2016 | $3,266 | $215,846 | $17,206 | $198,640 |
| 2015 | $3,142 | $212,606 | $16,949 | $195,657 |
| 2014 | $3,109 | $208,443 | $16,618 | $191,825 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/21/2026 02/21/26 | For Sale | $907,500 | -- | $69 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Individual Deed | $163,000 | First American Title Co | |
| Grant Deed | $150,000 | Fidelity National Title Ins | |
| Deed In Lieu Of Foreclosure | -- | Fidelity National Title Ins | |
| Deed In Lieu Of Foreclosure | -- | -- | |
| Grant Deed | $1,000 | First American Title Ins Co | |
| Quit Claim Deed | -- | First American Title Ins Co | |
| Grant Deed | $235,000 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $122,250 | Commercial | |
| Previous Owner | $147,444 | FHA | |
| Previous Owner | $212,600 | Seller Take Back | |
| Previous Owner | $213,570 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26034459
APN: 680-401-009
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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