36419 Las Begonias, Cathedral City, California 92234, Cathedral City, 92234 - 4 bed, 2 bath
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Cathedral City, California 92234
This Value-Add Desert Residence in the guard-gated Rio Del Sol community is listed at $569,000. While the $499,801 Fair Market Value reflects the property’s current Condition Rating of 5, the home offers significant upside through interior modernization. Premium features include a fully Owned 29-Panel Solar System, a Pebble Teck Pool, and Unobstructed Mountain Views on a large 11,761 sqft lot. Situated near Cathedral City High, this asset provides a stable foundation for forced appreciation. It is perfectly suited for Value-Add Investors or Owner-Occupants ready to execute a renovation plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36419 Las Begonias Subject | $569,000* List Price | 4 | 2 | 2,025 | $281 | - |
A 69479 Las Camelias Sold | $575,000 | 4 | 3 | 1,920 | $299 | 0.1 mi |
B 69445 Serenity Road Sold | $675,000 | 2 | 2 | 2,254 | $299 | 0.4 mi |
C 35589 35589 Felicity Place Sold | $659,950 | 3 | 2 | 2,207 | $299 | 0.5 mi |
D 69774 Papaya Lane Sold | $470,000 | 3 | 2 | 1,314 | $358 | 0.4 mi |
E 69310 Nilda Drive Active | $575,000 List Price | 3 | 2 | 1,620 | $355 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 35 years old (built 1989), placing it in the Poor category based on age and the need for rehab. The listing confirms that floor coverings have been removed in three bedrooms and the interior requires paint and TLC. The kitchen features dated oak cabinetry and original 1980s styling, requiring major updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 2025.
The property features a fully owned 29-panel solar system with 11 years remaining on the contract, providing significant long-term energy savings and environmental benefits.
A private pebble teck pool and spa paired with unobstructed mountain views on a large lot offer a high-end desert lifestyle experience.
The property requires immediate investment as floor coverings have been removed in three bedrooms and interior paint needs refreshing throughout.
Listed as needing 'TLC,' the home may require additional cosmetic or functional updates beyond flooring to meet modern market standards for its price point.
FABULOUS INCENTIVES FOR BUYER: (#1) HOME HAS FULLY PRE PAID SOLAR LEASE WITH SUNRUN FOR THE NEXT 11 YEARS. 29 PANELS, 29 INVERTERS, LEASE PAYMENT OF APPROX $185 PER MONTH FOR NEXT 11 YEARS IS APPROX $25,000 AND IS ALREADY FULLY PAID FOR. CONTRACT EXPIRES IN 2037. SYSTEM INSURED AND MAINTAINED BY SOLAR COMPANY FOR NEXT 11 YEARS. THIS IS $25,000 INSTANT EQUITY FOR BUYER. INCENTIVE (#2) SELLER WILL CREDIT BUYER $10,000 AT CLOSING TO BE USED AT BUYER'S DISCRETI0N; FOR CLOSING COSTS, REPAIRS/FLOORING/PAINTING/FENCE OR TO BUY DOWN INTEREST RATE. (OR 2 AIRLUNE TICKETS TO SOMEPLACE SMASHING! ) Located in Guard Gated Rio Del Sol, a well manicured community situated beteen Palm Springs and Rancho Mirage. 4 bed, 2 bath, (one bedroom used as home office complete with built ins). Lots of closet space. Granite counter tops in kitchen. Separate breakfast area and dining room. Living room with shared dual sided fireplace. Home is light and bright with soaring ceilings and loads of windows and sliders. HOUSE HAS THE MOST SQUARE FOOTAGE, LARGEST LOT,GORGEOUS PRIVATE PEBBLE TECK POOL AND SPA WITH UNOBSTRUCTED MOUNTAIN VIEWS, LEAST EXPENSIVE PER SQUARE FOOT. BEST OPPORTUNITY IN RIO DEL SOL. Perfect full time residence, investment property or rental. Property needs a little TLC; paint in bedrooms needs refreshing and floor coverings/carpet in 3 bedrooms have been removed. Back fence needs repair. Rio Del Sol has many amenities, tennis courts, dog park, club house, a lake, a walking loop plus, community pool and spa. Close to Casino, Trader Joe's, wonderful dining, shopping and Palm Springs International Airport.
No exterior & parking available.
Grades K-5 • 3.4 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,025 | 1,810.5 |
| Lot Size | 11,761 | 8,276 |
| Price | $569.0K | $565.6K |
| Price per sq ft | $281 | $308 |
| Built year | 1989 | 1999 |
| HOA | $238.0 | $261 |
| Days on market | 82 | 67 |
May 1, 2026
$569,000
Initial Listing