68795 Cedar RD, CATHEDRAL CITY, CA 92234
Rancho Ramon (click for neighborhood info)
Sold
$375,000
Sold On 2022-02-25
Overview
MLS #
IV21117611MR
Listed on
2021-06-03
Status
Sold
Price
$375,000
Type
Residential Income
Size of home
1,356 sq ft
Beds / Baths
/ 2.00
Size of lot
9,148 sq ft
Neighborhood
Rancho Ramon
Location address
68795 Cedar RD
CATHEDRAL CITY 92234
CATHEDRAL CITY 92234
Description
Income-producing duplex with long term tenants located within an Opportunity Zone. Rents are well below market with upside potential. Both units are 2 bedrooms and 1 bath each, totaling 1,359 sqft of living space which sits on a large 9,000+ corner lot. This duplex is to be sold with the adjacent lot at 33215 Via de Anza, Cathedral City, CA. The lot will be sold with city approved plans to build out a new duplex. The front home will consist of approx. 1,440 sqft of Living area Plus a 2 - Car Garage Area approx. 486 sqft. The 2nd dwelling/home in the rear with approx. 674 sqft. of Living area Plus a 1 - Car Garage with approx. 238 sqft.. Please refer to MLS #IV21118007 for additional details. Sellers are asking $625,000 for both properties. Don't miss out on this great opportunity to own an income producing duplex and to build your own duplex/investment.
General Information
Original List Price
$375,000
Price Per Sq/Ft
$277
Furnished
No
Land Type
Fee
Land Lease Expires
N/A
Community Features
Street Lights
Pool
Yes
Pool Description
None
Spa
Yes
Spa Description
None
Year Built
1956
View
None
Laundry
None
Fireplace
No
Heating Type
None
Courtesy of:
DAVID CAMARENA /
TRIFECTA REAL ESTATE GROUP
68795 Cedar RD