Income-producing duplex with long term tenants located within an Opportunity Zone. Rents are well below market with upside potential. Both units are 2 bedrooms and 1 bath each, totaling 1,359 sqft of living space which sits on a large 9,000+ corner lot. This duplex is to be sold with the adjacent lot at 33215 Via de Anza, Cathedral City, CA. The lot will be sold with city approved plans to build out a new duplex. The front home will consist of approx. 1,440 sqft of Living area Plus a 2 - Car Garage Area approx. 486 sqft. The 2nd dwelling/home in the rear with approx. 674 sqft. of Living area Plus a 1 - Car Garage with approx. 238 sqft.. Please refer to MLS #IV21118007 for additional details. Sellers are asking $625,000 for both properties. Don't miss out on this great opportunity to own an income producing duplex and to build your own duplex/investment.
MLS #
CRIV21117611
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00
Laundry
None
Heating
No Heating
Pool
None
Garage/Parking
Other, Garage: 0 Car(s)
HOA Fee
$0
68795 Cedar Rd is a Duplex in Cathedral City, CA 92234. This – square foot property sits on a 9,148 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $375,000 and was built in 1956.
This address can also be written as 68795 Cedar Rd, Cathedral City, CA 92234.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of August 12, 2022. For the most current information, please contact DAVID CAMARENA