
Cathedral City, California 92234
This Income-Generating Quadruplex is a Strong Value Opportunity, listed at $1,281,000—positioned well below the $1,342,200 Fair Market Value by 4%. This valuation gap provides $61,200 in Instant Equity. Featuring a Condition Rating of 4, the property offers four spacious 3-bedroom units with private 2-car garages and patios on an expansive 14,375 sqft lot. With two units currently vacant, it offers immediate cash flow or house-hacking potential in a high-demand rental market. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34700 Marcia Subject | $1,281,000* List Price | 0 | 0 | 4,600 | $292 | - |
A 33700 Pueblo Active | $1,485,000 List Price | 0 | 0 | 4,600 | $323 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this four-plex is in functional condition but shows significant signs of age with mostly original finishes. The kitchens and bathrooms feature dated oak cabinetry, tile countertops, and older white appliances typical of the construction era. While the units are well-maintained and move-in ready for tenants, the lack of modern updates to the flooring, fixtures, and overall aesthetic places it in the fair category.
Each of the four units features a spacious 3-bedroom, 2-bathroom layout with a private 2-car garage, a highly desirable configuration that attracts long-term family tenants and commands premium rental rates.
With two units currently vacant, an investor can immediately place tenants at current market rates or an owner-occupant can utilize favorable residential financing to live in one unit while collecting income from the others.
The property sits on a generous 14,375 square foot private lot, providing rare outdoor space for tenants and potential for future site improvements or ADU development to further increase yield.
The investment analysis is based on pro forma projections rather than actual historical income, which may require additional due diligence to verify current market rent sustainability and operating expenses.
Being part of a larger 13-unit estate liquidation may involve more complex escrow requirements or potential deferred maintenance common in long-term estate-held portfolios.
Excellent investment opportunity! Four of thirteen units for sale from this estate. Great residential income-generating Four-plex (2 buildings) in a strong Cathedral City rental market! 34700 Marcia Road, features an over 14,000 square foot private lot. Four 3 Bedroom, 2 Bath homes each with a 2 car garage on a large private lot. Two units are vacant and ready for you and your family to occupy or rent them out. 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 pro forma rents!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,600 | 3,655 | 50% |
| Lot Size | 14,375 | 10,890 | 50% |
| Price | $1.28M | $1.01M | 50% |
| Price per sq ft | $278 | $277 | 50% |
| Built year | 1990 | 1995 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 115 | 50% |
Feb 21, 2026
$1,281,000
Initial Listing
Mar 17, 1994
$200,000
Public Record