Incredible triplex in Panorama park. Secure building in a safe residential neighborhood. All the hard work is done. Complete remodel inside and out, including new plaster in pool and efficient filtration plumbing. The property consists of: one 2Br + 1Bath, currently rented for $2,195 and two 1Br + 1Bath units, currently rented for $1,595 each. Great hard working tenants. Pool is for tenant use only. All units have central air and individual water heaters with bright living rooms and individual patios. It is like living in a resort. All hardwood and tile flooring and new kitchens in two of the units. Carport parking for each residents and plenty of guest parking as well. This triplex is earning annually in excess of 64K and being sold at great GRM.
Sold for $770,000
Listed by: Titus Realty, Inc. • Nerses Ananyan • Contact: 818-786-5511
Bought with: Strategic Asset Management Group, Inc.
$770,000
68125 Santelmo Rd, Cathedral City, CA 92234
4beds
3baths
2,072sqft
Triplex
Built in 1961
-- sqft lot
$728,900 Zestimate®
$372/sqft
$2,487 Estimated rent
Home value
$728,900
$685,000 - $780,000
$2,487/mo
Zestimate® history
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$4,918/mo
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List your homeWhat's special
Carport parkingNew plaster in poolEfficient filtration plumbingIndividual water heatersSecure buildingCentral airComplete remodel
Zillow last checked:
Listing updated:
Listed by:
Nerses Ananyan DRE #01320968 818-786-5511,
Titus Realty, Inc.
Bought with:
Christopher Go, DRE #02011784
Strategic Asset Management Group, Inc.
Source: CRMLS,MLS#: SR23106739
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Flooring: Laminate, Tile
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,072
- Total interior livable area: 2,072 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage, Carport
- Garage spaces: 3
- Carport spaces: 3
- Covered spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: Ground Floor
- Pool features: Community
Lot
- Size: 8,276 Square Feet
- Features: 2-5 Units/Acre, Street Level
Details
- Parcel number: 675113004
- On leased land: Yes
- Lease amount: $0
- Zoning: R1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Urban, Pool
Location
- Region: Cathedral City
Financial & listing details
- Price per square foot: $372/sqft
- Tax assessed value: $785,400
- Annual tax amount: $11,875
- Date on market: 6/16/2023
- Cumulative days on market: 83 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/19/2023 | Sold | $770,000-3.6%$372/sqft |
Source:  CRMLS #SR23106739 Report a problem | ||
| 10/16/2023 | Pending sale | $799,000$386/sqft |
Source: CRMLS #SR23106739 Report a problem | ||
| 9/8/2023 | Contingent | $799,000$386/sqft |
Source: CRMLS #SR23106739 Report a problem | ||
| 7/17/2023 | Price change | $799,000-4.7%$386/sqft |
Source: CRMLS #SR23106739 Report a problem | ||
| 6/16/2023 | Listed for sale | $838,000+30.7%$404/sqft |
Source: CRMLS #SR23106739 Report a problem | ||
| 5/17/2023 | Sold | $641,000$309/sqft |
Source: Public Record Report a problem | ||
| 10/26/2021 | Sold | $641,000+3.6%$309/sqft |
Source: Public Record Report a problem | ||
| 10/22/2021 | Pending sale | $619,000$299/sqft |
Source: CRMLS #LG21205983 Report a problem | ||
| 9/23/2021 | Contingent | $619,000$299/sqft |
Source: CRMLS #LG21205983 Report a problem | ||
| 9/18/2021 | Listed for sale | $619,000+39.1%$299/sqft |
Source: CRMLS #LG21205983 Report a problem | ||
| 7/28/2020 | Sold | $445,000-1.1%$215/sqft |
Source:  Greater Palm Springs Realtors #219038507 Report a problem | ||
| 6/27/2020 | Pending sale | $450,000$217/sqft |
Source: Redfin Corporation #219038507 Report a problem | ||
| 5/12/2020 | Listed for sale | $450,000$217/sqft |
Source: Redfin Corporation #219038507 Report a problem | ||
| 3/24/2020 | Listing removed | $450,000$217/sqft |
Source: Redfin Corporation #219038507 Report a problem | ||
| 3/12/2020 | Listed for sale | $450,000$217/sqft |
Source: Redfin Corporation #219038507 Report a problem | ||
| 2/15/2020 | Pending sale | $450,000$217/sqft |
Source: Redfin Corporation #219038507 Report a problem | ||
| 2/7/2020 | Listed for sale | $450,000-1.1%$217/sqft |
Source: Redfin Corporation #219038507 Report a problem | ||
| 5/11/2012 | Listing removed | $700 |
Source: Owner Report a problem | ||
| 3/12/2012 | Listed for rent | $700 |
Source: Owner Report a problem | ||
| 4/27/2006 | Sold | $455,000+23.8%$220/sqft |
Source: Public Record Report a problem | ||
| 4/21/2004 | Sold | $367,500+75%$177/sqft |
Source: Public Record Report a problem | ||
| 7/24/2002 | Sold | $210,000+30.8%$101/sqft |
Source: Public Record Report a problem | ||
| 12/27/2001 | Sold | $160,500$77/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,875 -1.4% | $785,400 +2% |
| 2024 | $12,040 +14% | $770,000 +17.8% |
| 2023 | $10,559 +2.8% | $653,820 +2% |
| 2022 | $10,271 +36% | $641,000 +44% |
| 2021 | $7,553 +52.1% | $445,000 +69.6% |
| 2020 | $4,964 +5% | $262,444 +3% |
| 2019 | $4,727 +3.4% | $254,800 +4% |
| 2018 | $4,572 +3% | $245,000 +3.4% |
| 2017 | $4,438 | $237,000 +16.2% |
| 2016 | $4,438 +14% | $204,000 |
| 2015 | $3,892 +9.4% | $204,000 +15.9% |
| 2014 | $3,557 | $176,000 +20.5% |
| 2013 | -- | $146,000 +13.2% |
| 2012 | -- | $129,000 -7.2% |
| 2011 | -- | $139,000 +12.1% |
| 2010 | -- | $124,000 -47.5% |
| 2009 | -- | $236,000 -35.5% |
| 2008 | -- | $366,000 -21.1% |
| 2007 | -- | $464,100 +21.4% |
| 2006 | -- | $382,345 +2% |
| 2005 | -- | $374,849 +78.5% |
| 2003 | -- | $210,000 +30.8% |
| 2002 | -- | $160,500 +93.3% |
| 2001 | $1,392 +1.7% | $83,024 +2% |
| 2000 | $1,369 | $81,397 |
Find assessor info on the county website
Neighborhood: Panorama
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Nearby schools
GreatSchools rating
- 5/10Rio Vista Elementary SchoolGrades: K-5Distance: 1 mi
- 5/10James Workman Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Cathedral City High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$728,900
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Estimated market value
$728,900
- California
- Riverside County
- Cathedral City
- 92234
- Panorama
- 68125 Santelmo Rd
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