Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Duplex

Bedrooms

4

Bathrooms

2

Building size

1,650 sqft

Lot size

8,276 sqft

Year built

1961

Stories

1

Garage spaces

4

Heating

Central

Cooling

See Remarks

Pool

None

View

Mountain(s)

Status

Active

Days on market

1

MLS #

244027572

About this property

Excellent duplex investment opportunity in Cathedral City’s established Panorama neighborhood. Two detached 2-bedroom, 1-bathroom single-story homes sit on one approximately 0.19-acre lot with a combined 1,650 sq ft of living space. Both units have been recently updated with modern finishes, new flooring, and energy-efficient windows. Each home offers its own private yard and garage access, with separate utilities — ideal for tenant-paid billing and low owner management. Strong rental demand near Palm Springs. Great cash-flow potential, 1031 exchange candidate, or perfect for an owner-occupant who wants rental income to help cover the mortgage. Live in one and rent the other, or keep it as a pure investment. Mountain views and convenient Coachella Valley location. Schedule your private showing today.

Location

68085 Hermosillo

Cathedral City, Riverside, CA, 92234