33085 Wishing Well Trail, Cathedral City, California 92234, Cathedral City, 92234 - 6 bed, 4 bath
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Cathedral City, California 92234
This Duplex Residential Income property is a Strong Value Opportunity, listed at $650,000—positioned well below the $686,727 Fair Market Value by 5%. This valuation gap offers $36,727 in Instant Equity. Featuring a Condition Rating of 3, the property includes newer HVAC units and a new sewer connection. With No HOA and stable long-term tenants, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to house-hack in a prime Cathedral City location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33085 Wishing Well Trail Subject | $650,000* List Price | 6 | 4 | 2,538 | $271 | - |
A 32320 Desert Vista Active | $699,990 List Price | 6 | 4 | 2,300 | $304 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1986, the property is described as the best-maintained in the area with newer HVAC units, fresh interior/exterior paint, and a new sewer connection. It is functional and move-in ready with no reported structural defects.
This rare duplex configuration features two spacious 3-bedroom, 2-bathroom units, making it an ideal candidate for a 1031 exchange or a 'house-hacking' owner-occupant looking to significantly offset their mortgage.
The property is in turnkey condition with significant capital improvements, including newer HVAC units, a new public sewer connection, fresh interior/exterior paint, and well-maintained desert landscaping.
Situated on a generous 7,840 sq. ft. lot with no restrictive HOA fees, the property offers private fenced yards and covered patios for both units, enhancing tenant privacy and long-term value.
With stable, long-term tenants currently occupying both units, an owner-occupant may face delays or legal complexities in taking immediate possession of a unit.
The property is served by schools with modest ratings, specifically a 3/10 for the local middle school, which may deter some family-oriented renters or future buyers.
VERY RARE SFR / Duplex the Homeowners Investors Dream; use a 1031 Exchange and keep your hard earned profit or live in one unit and have your neighbor help pay your mortgage, or both. This is the nicest and best-maintained duplex in the area, because of the landlord and the tenants working together. There is a living room, dining room, kitchen, 1 master bedroom with walk-in closet and private bath with two additional bedrooms with a second bathroom serving them in both units. Fenced yards, rear and side patios, flower garden, newer HVAC units, fresh paint interior and exterior, garage laundry areas, ceiling fans, garden maintained yards, and a new connection to the public sewer, walk-in master closets, newer window blinds. Stable, excellent longer-term occupants currently rent both units. The lot size is 7,840 sq. ft. NO HOA! Each unit contains: a living room, dining room, kitchen, two bedrooms with one master bedroom with a walk-in closet (total of three bedrooms), and two full bathrooms with shower/ tub. Also covered patios are outside the dining room and master bedrooms.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 1.6 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,538 | - |
| Lot Size | 7,841 | - |
| Price | $650.0K | $850.0K |
| Price per sq ft | $256 | $135 |
| Built year | 1986 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 90 |
Jul 17, 2026
$650,000
Initial Listing