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$700,000

  • Sold
  • Closed
  • Multi-Family
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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!

Full Property Details for 68850 Cedar Rd

General

  • Sold For: $700,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW26034459
  • Added to Site: 141 day(s) ago

Interior

  • Rooms/Areas: Primary Bedroom, All Bedrooms Down, Kitchen, Living Room
  • Appliances: Disposal, Gas Water Heater, Free-Standing Range, Range Hood, Dishwasher
  • Flooring: Tile

Rooms

Other Rooms

  • Laundry: Outside

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 6

Location

  • Area: 335 - Cathedral City North
  • County: Riverside
  • Development Name: 335 - Cathedral City North
  • Driving Directions: From Date Palm Dr., turn west on 33rd Ave, turn south at Via De Anza, then east on Cedar Rd.

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Entry Location: Off Driveway
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 3,550
  • Year Built: 1991

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size Source: Assessor
  • Lot Description: Cul-de-Sac, Level with Street, Back Yard

Financial Considerations

  • Price Per Sq. Ft.: $197.18
  • Price Per Unit: 253000

Listed and Sold by Team Chamberlain Realty Exe., Dave Chamberlain

Listing agent

— 68850 Cedar Rd —

  • Dave Chamberlain

    Team Chamberlain Realty Exe.

714-875-5330

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 68850 Cedar Rd

School District:Palm Springs Unified School District
NameGradesDistance
Cathedral City Elementary School
69300 Converse Road, Cathedral City, CA 92234
K-51.2 mi
Nellie N. Coffman Middle School
34-603 Plumley Rd., Cathedral City, CA 92234
6-81 mi
Cathedral City High School
69250 Dinah Shore Drive, Cathedral City, CA 92234
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 68850 Cedar Rd

Date
Details
Price
Change
Source
5/29/2026
Sold
$700,000
-7.77%
MLS
5/05/2026
Price Reduced
$759,000
-16.36%
MLS
2/21/2026
Listed
$907,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Team Chamberlain Realty Exe., Dave Chamberlain

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68850 Cedar Road, Cathedral City, CA 92234 (MLS# PW26034459) is a Multi-Family property that was sold at $700,000 on May 29, 2026. Want to learn more about 68850 Cedar Road? Do you have questions about finding other Multi-Family real estate for sale in Cathedral City South? You can browse all Cathedral City South real estate or contact a Coldwell Banker agent to request more information.