68850 Cedar Road, Cathedral City, California 92234, Cathedral City, 92234 - bed, bath
68850 Cedar Road
Cathedral City, California 92234
Property Price
SUMMARY
Analysis of 68850 Cedar Road, Cathedral City, California 92234 is currently available with a list price of $907,500. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Cathedral City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1991, this property falls within the 25-40 year age bracket with no evidence of recent major renovations. While the units are functional and fully occupied, the listing notes aging major systems (HVAC, roofing) and the interior styles and appliances likely reflect the original construction era, requiring minor updates to reach current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Unit Configuration
The property features a rare and highly marketable mix of three 3-bedroom, 2-bathroom units, each with its own 2-car garage, catering to high-demand family-sized rentals.
- Immediate Cash Flow
With all three units currently fully rented, this triplex offers an investor immediate residential income from day one in a strong Cathedral City rental market.
- Spacious Cul-de-Sac Lot
Situated on a large 13,000+ square foot lot at the end of a cul-de-sac, the property provides enhanced privacy and reduced traffic, increasing its long-term residential appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 13068, other record living area = 3550.
- Proforma Rent Reliance
The financial analysis is based on proforma projections rather than actual current rent rolls, which may indicate a gap between current income and the advertised potential.
- Aging Major Systems
Built in 1991, the property is entering a lifecycle phase where significant capital expenditures for roofing, HVAC, or plumbing systems may be required to maintain the asset.
About 68850 Cedar Road
Excellent investment opportunity! Three of thirteen units for sale from this estate. Great residential income-generating triplex in a strong Cathedral City rental market! 68850 Cedar Road, features an almost 14,000 square foot private lot and three fully rented units, providing immediate cash flow. Three 3 Bedroom, 2 Bath homes each with a 2 car garage on a cul-de-sac. 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 proforma rents!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1991
- Lot Size
- 13,068 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 13,068 | 2,710 | 67% |
| Lot Size | 13,068 | 9,583 | 67% |
| Price | $907.5K | $745.0K | 67% |
| Price per sq ft | $69 | $270 | 33% |
| Built year | 1991 | 1991 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 123 | 33% |
Pricing History
Listed for Sale
Feb 21, 2026
$907,500
Initial Listing
Sold
Dec 14, 1995
$150,000
Public Record
Sold
Jan 4, 1995
$1,000
Public Record
Sold
Mar 18, 1994
$235,000
Public Record