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Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,550 sqft
Price per Sqft $197
Subdivision Rancho Ramon
MLS Listing ID PW-26034459
Sold Date 05/29/26
Year Built 1991
Lot Size 0.300 Acres
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
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!
Location
State CA
County Riverside
Area 336 - Cathedral City South
Interior
Heating Central
Flooring Tile
Laundry Outside
Exterior
Garage Spaces 6.0
Pool None
Community Features Biking, Dog Park, Golf, Hiking
Building
Lot Description Cul-De-Sac, Level with Street, Back Yard
Sewer Public Sewer
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Naghmeh Keyvani
Broker Associate | License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823