For Sale
$375,000
Active

    Request Info


    Overview

    MLS # IV21117611MR
    Listed on 2021-06-03
    Status Active
    Price $375,000
    Type Residential Income
    Subtype Duplex
    Size of home 1,356 sq ft
    Size of lot 9,148 sq ft
    Neighborhood Rancho Ramon
    Location address 68795 Cedar RD
    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 No
    Spa No
    Year Built 1956
    View None
    Laundry None
    Fireplace No
    Heating Type None

    Courtesy of: DAVID CAMARENA / TRIFECTA REAL ESTATE GROUP

    Other homes in Rancho Ramon