Exceptional Income-producing opportunity in a highly desirable location near Palm Springs. This unique property features a single-family residence with 3 beds and 2 bathrooms, build in 1984, plus a newly constructed 2024 ADU/ Casita offering 2 beds, 1 bathroom, and its own private street access. Perfect for first-time home buyers looking to offset their mortgage with rental income, or investor seeking strong cash-flow potential in an area known for high rental demand. Live in one unit and rent the other, or maximize returns by leasing both properties.Conveniently located with easy freeway access and just minutes from shopping, dinning, entertainment, casinos, and all that the Palm Springs area has to offer. This versatile property combines comfort, privacy, and outstanding investment potential in one of the desert's most sought-after areas.
For sale
Listed by: Peterson Homes • John Peterson • 760-272-5951
$674,900
68950 Tortuga Rd, Cathedral City, CA 92234
--beds
--baths
--sqft
:
Get pre-qualified$4,529/mo
Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private street access
- 82 days |
- 168 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
John Peterson DRE #01857784 760-272-5951,
Peterson Homes
Source: CRMLS,MLS#: 219148111PS
Originating MLS: California Desert AOR & Palm Springs AOR
Originating MLS: California Desert AOR & Palm Springs AORFacts & features
Interior
Rooms
- Room types: Living Room
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Laminate, Tile
- Has fireplace: No
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Garage, Garage Door Opener, Other
- Garage spaces: 2
- Uncovered spaces: 3
Features
- Has view: Yes
- View description: Desert
Lot
- Size: 9,148 Square Feet
Details
- Parcel number: 675322017
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1984
Community & HOA
Community
- Subdivision: Panorama
Location
- Region: Cathedral City
Financial & listing details
- Tax assessed value: $533,556
- Annual tax amount: $7,443
- Date on market: 5/20/2026
- Listing terms: Cash to New Loan,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$2,237/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale | $674,900+87% |
Source:  CDAR/ Desert Area MLS #219148111 Report a problem | ||
| 5/5/2021 | Sold | $361,000-2.4% |
Source: Public Record Report a problem | ||
| 3/23/2021 | Pending sale | $370,000 |
Source:  RE/MAX International #CV21051601 Report a problem | ||
| 3/13/2021 | Listed for sale | $370,000+12.2% |
Source: RE/MAX International #CV21051601 Report a problem | ||
| 12/20/2020 | Listing removed | $329,900 |
Source: HomeSmart Professionals #219054642 Report a problem | ||
| 12/18/2020 | Listed for sale | $329,900+40.4% |
Source: HomeSmart Professionals #219054642 Report a problem | ||
| 9/7/2004 | Sold | $235,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,443 +0.9% | $533,556 +4% |
| 2024 | $7,378 +32% | $513,095 +36.6% |
| 2023 | $5,587 -4% | $375,584 +2% |
| 2022 | $5,821 +34.9% | $368,220 +34.6% |
| 2021 | $4,314 +18.7% | $273,541 +12% |
| 2020 | $3,636 +3% | $244,233 +3% |
| 2019 | $3,529 +2.9% | $237,120 +4% |
| 2018 | $3,428 +8.1% | $228,000 +9.6% |
| 2017 | $3,170 | $208,000 +5.1% |
| 2016 | $3,170 +30.9% | $198,000 +27.7% |
| 2015 | $2,422 +8.9% | $155,000 +12.3% |
| 2014 | $2,224 | $138,000 +43.8% |
| 2013 | -- | $96,000 +12.9% |
| 2012 | -- | $85,000 -8.6% |
| 2011 | -- | $93,000 -11.4% |
| 2010 | -- | $105,000 -10.3% |
| 2009 | -- | $117,000 -48.9% |
| 2008 | -- | $229,000 -6.3% |
| 2007 | -- | $244,493 +2% |
| 2006 | -- | $239,700 +2% |
| 2005 | -- | $235,000 +173.6% |
| 2003 | -- | $85,891 +2% |
| 2002 | -- | $84,208 +2% |
| 2001 | $1,015 +2.4% | $82,558 +2% |
| 2000 | $991 | $80,940 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Panorama
Nearby schools
GreatSchools rating
- 3/10Landau Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10James Workman Middle SchoolGrades: 6-8Distance: 0.4 mi
- 6/10Rancho Mirage HighGrades: 9-12Distance: 1.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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