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Sold for $510,000
  • Listed by: Pinnacle Estate Properties • Christina Balian • Contact: 818-993-7370
    Bought with: HomeSmart
    $510,000

    37540 Van Fleet Ave, Cathedral City, CA 92234

    4beds
    4baths
    2,405sqft
    Triplex
    Built in 1948
    -- sqft lot
    $516,600 Zestimate®
    $212/sqft
    $2,234 Estimated rent

    Home value

    $516,600

    $470,000 - $568,000

    $2,234/mo

    Zestimate® history
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    What's special

    Ample parkingWell-kept interiorsDesigned for comfortable livingLow-maintenance grounds
    Prime Investment Opportunity - Fully Occupied Tri-Plex Income Property! Discover a fantastic income-producing property in the heart of Cathedral City. This well-maintained tri-plex offers three separate units, each designed for comfortable living and strong rental demand. Situated in a convenient neighborhood, the property benefits from close proximity to shopping, dining, schools, and easy access to Palm Springs and surrounding desert communities. Tri-plex consists of one 2 bed with 2 baths, and two 1 bed and 1 bath units. With stable rental income and potential for future growth, this property is ideal for both seasoned investors and those looking to start or expand their portfolio. Positioned on a 9,500sqft lot with ample parking and a carport, this tri-plex provides excellent upside potential with well-kept interiors and low-maintenance grounds. Don’t miss this opportunity to own a versatile income property in one of the fastest-growing areas.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christina Balian DRE #01834214 747-900-3116,

    Pinnacle Estate Properties,

    Gary Keshishyan DRE #01276434 818-534-4451,

    Pinnacle Estate Properties

    Bought with:

    Sean Carbajal, DRE #01307528

    HomeSmart

    Source: CRMLS,MLS#: SR25101572MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Rooms
    • Room types: Kitchen, Living Room
    Heating
    • Central
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Electric Range, Refrigerator, Water Heater, Dryer, Washer
    • Laundry: Washer Hookup, Laundry Room, Outside
    Features
    • Ceiling Fan(s), Storage
    • Flooring: Stone
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
    Interior area
    • Total structure area: 2,405
    • Total interior livable area: 2,405 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport, Driveway, On Street
    • Carport spaces: 1
    • Uncovered spaces: 5
    Features
    • Levels: One
    • Stories: 1
    • Entry location: main
    • Pool features: None
    • Spa features: None
    • Fencing: Partial
    • Has view: Yes
    • View description: None
    Lot
    • Size: 9,583 Square Feet
    Details
    • Parcel number: 687241039
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Electric: Electricity - On Property, Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    • Subdivision: Cathedral City Cove (33611)
    Location
    • Region: Cathedral City

    Financial & listing details

    • Price per square foot: $212/sqft
    • Date on market: 5/8/2025
    • Cumulative days on market: 133 days
    • Listing terms: Cash,Conventional,1031 Exchange
    • Total actual rent: 4350
    • Tenant pays: Cable TV, Electricity, Gas

    Price history

    DateEventPrice
    10/8/2025Sold$510,000-9.7%$212/sqft
    Source: CRMLS #SR25101572 Report a problem
    9/25/2025Pending sale$565,000$235/sqft
    Source: CRMLS #SR25101572 Report a problem
    8/5/2025Price change$565,000-4.2%$235/sqft
    Source: CRMLS #SR25101572 Report a problem
    5/8/2025Listed for sale$590,000$245/sqft
    Source: CRMLS #SR25101572 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92234

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $516,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $516,600