
Cathedral City, California 92234
This New Construction Dual-Unit Income Property is listed at $840,000, compared to a $755,934 Fair Market Value derived from standard single-unit area comparables. The price reflects the property's unique status as a 2024 build featuring a detached, income-producing ADU that generates a combined $4,400 monthly rental stream. Boasting an Excellent Condition Rating, the residence includes paid-off solar panels, quartz countertops, and high-efficiency HVAC systems. Located within the Palm Springs Unified district, this sustainable asset offers significant "house-hacking" potential to offset mortgage costs. This is a premier acquisition for Savvy Investors or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33215 Via De Anza Subject | $825,000* List Price | 0 | 0 | 2,863 | $264 | - |
A 68855 Ortega Road Active | $850,000 List Price | 6 | 4 | 3,222 | $264 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new construction, built in 2024, which immediately qualifies it for the 'Excellent' category. The description highlights numerous modern features and energy-efficient upgrades, including solar panels, high-efficiency HVAC systems, tankless water heaters, and quartz countertops in both the main home and the ADU kitchens. While interior images are not provided, the 'newly built' status and detailed description of modern amenities confirm that all components are new, meet current quality standards, and require no deferred maintenance. The exterior images also show a pristine, new appearance.
Features a detached ADU generating a combined $4,400/month, offering substantial rental income and a compelling investment opportunity, with potential for financing leverage.
As a newly built property, it offers modern design, up-to-date building standards, and minimal immediate maintenance concerns, appealing to buyers seeking move-in ready homes.
Equipped with paid-off solar panels, high-efficiency HVAC systems, tankless water heaters, and energy-saving windows, ensuring significantly reduced utility costs and long-term savings.
The current month-to-month tenancy for both units provides less stability for an investor seeking long-term leases or an owner-occupant planning immediate move-in, requiring potential tenant negotiation or notice periods.
While highly versatile, the property's dual-unit, income-generating nature primarily targets investors or multi-generational buyers, potentially narrowing the overall buyer pool compared to a traditional single-family home.
While improving, Cathedral City's real estate market may not offer the same appreciation potential or prestige as some neighboring Coachella Valley communities, which could influence long-term value perception.
Newer Built Home completed in late 2024 with Income-Producing ADU. Home Qualifies for a 3% Grant for your Down Payment in addition to Seller Concessions for Closing Costs. Total Building square footage 2,846. Welcome to this stunning brand-new single-family residence, including a detached ADU with its own private entrance. Both units include versatile living options and energy efficient upgrades such as Solar panels, energy saving windows and insulation, high efficiency HVAC systems and tankless water heaters. The main home offers 3 spacious bedrooms, 2 bathrooms, an open floor plan with a spacious kitchen with quartz countertops, plenty of cabinets/storage plus a comfortable living area perfect for entertaining and an attached 2-car garage. The home and ADU are both equipped with paid off solar panels, which is perfect for reducing utility costs. Adding incredible value to the property is a detached ADU, built and completed at the same time in 2024. The ADU offers 2 bedrooms, 1 bathroom, an upgraded kitchen with quartz countertops, cabinets/storage and its own 1-car garage and solar panels. This property is ideal for an extended family, guests, or rental income. Both units are currently rented on a Month-to-Month basis making this property a fantastic investment opportunity. Buyers can even qualify for financing using the rental income from one unit while living in the other—an unbeatable way to offset costs. Perfect for large families or savvy investors, this home is conveniently located in the heart of Cathedral City, close to shopping, dining, and easy freeway access. Don’t miss your chance to own this unique dual-unit property offering comfort, sustainability, and income potential all in one!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 0.0 | 2.0 | 1% |
| Square foot | 2,863 | 1,771.5 | 97% |
| Lot Size | 7,405 | 7,841 | 38% |
| Price | $825.0K | $545.0K | 96% |
| Price per sq ft | $288 | $308 | 33% |
| Built year | 2024 | 1993 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 238 | 185 | 80% |
Apr 2, 2026
$825,000
$840,000
-2% Price Drop
Initial Listing
Mar 21, 2026
$840,000
$849,000
-1% Price Drop
Initial Listing
Aug 27, 2025
$849,000
Initial Listing