Excellent investment opportunity! Three of thirteen units for sale from this estate. Great residential income-generating triplex in a strong Cathedral City rental market! 68850 Cedar Road, features an almost 14,000 square foot private lot and three fully rented units, providing immediate cash flow. Three 3 Bedroom, 2 Bath homes each with a 2 car garage on a cul-de-sac. This property is situated in a desirable location with high rental demand, close to recreation, shopping, dining, schools, and major commuter routes! Analysis is based on proforma rents!
Sold for $700,000
Listed by: Team Chamberlain Realty Exe. • Dave Chamberlain • Contact: 714-875-5330
Bought with: Team Chamberlain Realty Exe.
$700,000
68850 Cedar Rd, Cathedral City, CA 92234
9beds
6baths
3,550sqft
Triplex
Built in 1991
-- sqft lot
$702,300 Zestimate®
$197/sqft
$2,114 Estimated rent
Home value
$702,300
$639,000 - $773,000
$2,114/mo
Zestimate® history
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$4,439/mo
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Zillow last checked:
Listing updated:
Listed by:
Dave Chamberlain DRE #00762670 714-875-5330,
Team Chamberlain Realty Exe.
Bought with:
Dave Chamberlain, DRE #00762670
Team Chamberlain Realty Exe.
Source: CRMLS,MLS#: PW26034459
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Free-Standing Range, Disposal, Gas Water Heater, Range Hood
- Laundry: Outside
Features
- All Bedrooms Down
- Flooring: Tile
- Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
Interior area
- Total structure area: 3,550
- Total interior livable area: 3,550 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage
- Garage spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: Off Driveway
- Pool features: None
- Spa features: None
Lot
- Size: 0.3 Acres
- Features: Back Yard, Cul-De-Sac, Street Level
Details
- Parcel number: 680401009
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Dog Park, Golf, Hiking
- Subdivision: Other
Location
- Region: Cathedral City
Financial & listing details
- Price per square foot: $197/sqft
- Tax assessed value: $255,509
- Annual tax amount: $4,275
- Date on market: 2/21/2026
- Cumulative days on market: 81 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4892
- Tenant pays: Electricity, Gas, Water
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $700,000-7.8%$197/sqft |
Source:  CRMLS #PW26034459 Report a problem | ||
| 5/24/2026 | Pending sale | $759,000$214/sqft |
Source: CRMLS #PW26034459 Report a problem | ||
| 5/14/2026 | Contingent | $759,000$214/sqft |
Source: CRMLS #PW26034459 Report a problem | ||
| 5/5/2026 | Price change | $759,000-16.4%$214/sqft |
Source: CRMLS #PW26034459 Report a problem | ||
| 2/21/2026 | Listed for sale | $907,500+456.7%$256/sqft |
Source: CRMLS #PW26034459 Report a problem | ||
| 6/4/1999 | Sold | $163,000+8.7%$46/sqft |
Source: Public Record Report a problem | ||
| 12/14/1995 | Sold | $150,000+14900%$42/sqft |
Source: Public Record Report a problem | ||
| 1/4/1995 | Sold | $1,000-99.6% |
Source: Public Record Report a problem | ||
| 3/18/1994 | Sold | $235,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,275 +0.1% | $255,509 +2% |
| 2024 | $4,271 +1.4% | $250,500 +2% |
| 2023 | $4,214 +3.4% | $245,589 +2% |
| 2022 | $4,074 +4% | $240,775 +2% |
| 2021 | $3,916 +6.2% | $236,055 +1% |
| 2020 | $3,686 +3% | $233,636 +2% |
| 2019 | $3,578 +3.6% | $229,056 +2% |
| 2018 | $3,453 +2.4% | $224,565 +2% |
| 2017 | $3,372 | $220,162 +2% |
| 2016 | $3,372 +7.3% | $215,846 +1.5% |
| 2015 | $3,142 +1.1% | $212,606 +2% |
| 2014 | $3,109 | $208,443 +0.5% |
| 2013 | -- | $207,503 +2% |
| 2012 | -- | $203,435 +2% |
| 2011 | -- | $199,447 +0.8% |
| 2010 | -- | $197,958 -0.2% |
| 2009 | -- | $198,429 +2% |
| 2008 | -- | $194,539 +2% |
| 2007 | -- | $190,725 +2% |
| 2006 | -- | $186,986 +2% |
| 2005 | -- | $183,320 +3.9% |
| 2003 | -- | $176,434 +2% |
| 2002 | -- | $172,976 +2% |
| 2001 | $2,188 +2.3% | $169,585 +2% |
| 2000 | $2,139 | $166,260 |
Find assessor info on the county website
Neighborhood: Whitewater
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Nearby schools
GreatSchools rating
- 6/10Cathedral City Elementary SchoolGrades: K-5Distance: 1.2 mi
- 4/10Nellie N. Coffman Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Cathedral City High SchoolGrades: 9-12Distance: 0.6 mi
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Estimated market value
$702,300
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
$702,300
- California
- Riverside County
- Cathedral City
- 92234
- Whitewater
- 68850 Cedar Rd
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