69180 Victoria Drive, Cathedral City, CA 92234

Cathedral City
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
69180 Victoria Drive,Cathedral City, CA 92234
$2,949,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: albert catalano
Office: century 21 affiliated fine homes & estates
MLS#:219145029DA
Source:CRMLS

Price summary

  • Price:$2,949,000

About this home

This fully leased, ten-unit property features spacious three-bedroom, two-bath residences averaging approximately 1,230 square feet--each equipped with in-unit laundry, private patios, and covered carport parking. Residents enjoy a premier amenity package, including a resort-style pool and tennis court, all on a well-maintained 0.8-acre site.Strategically located just off the Rancho Mirage border, the property delivers central access to Palm Springs and Palm Desert, in a submarket characterized by increasing rents and enduring demand. Operations are optimized through separately metered utilities, tenant-paid water and trash, and solar-paned common areas, resulting in stable net operating income and low management intensity. Current collections reach an annualized $250,512 in rent and $254,512 effective gross income, supporting a strong in-place cap rate of 6% at the offering price of $2,949,000.Further value lies in the potential conversion of the existing rear ADU into an...

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Home facts

  • Year built:1982
  • Listing ID #:219145029DA
  • Added:8 day(s) ago
  • Updated:March 23, 2026 at 01:35 PM

Rooms and interior

  • Flooring:Tile

Heating and cooling

  • Heating:Central Furnace

Structure and exterior

  • Year built:1982
  • Lot area:0.8 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,949,000

Features and amenities

  • Pool features:Community Pool, In Ground

Parking

  • Total parking spaces:20
  • Parking description:10 Carport Space(s), Covered, Driveway
  • Carport spaces:10
Based on information from California Regional Multiple Listing Service, Inc. as of March 27, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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