68980 Via Eytel, Cathedral City, CA 92234
68980 Via Eytel, Cathedral City, CA 92234
68980 Via Eytel, Cathedral City, CA 92234
68980 Via Eytel, Cathedral City, CA 92234
68980 Via Eytel, Cathedral City, CA 92234
68980 Via Eytel, Cathedral City, CA 92234
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$ 2,895,000
Est. payment | /mo

20 Beds

15 Baths

8,000 SqFt


Save
$ 2,895,000
Est. payment | /mo
Save

20 Beds

15 Baths

8,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $361

Subdivision Rancho Ramon

MLS Listing ID SB26082359MR

Bedrooms 20

Year Built 2022

Lot Size 0.640 Acres

Acres 1.0

Property Sub-Type Multi-Family

Property Description

Five Modern 4 Years New Detached Single Family Homes in Cathedral City - Exceptional Opportunity Zone Investment Rare opportunity to own five detached two-story homes, all built just four years ago, in one of Cathedral City's most desirable residential communities. Located within a Qualified Opportunity Zone, this property may offer significant federal tax advantages, including the potential to eliminate federal capital gains tax on appreciation if ownership and all IRS Qualified Opportunity Zone requirements are satisfied. (Buyers should consult their tax advisor regarding eligibility and tax benefits.) Designed with true pride of ownership, this modern multifamily development offers an exceptional resort-style living experience. Residents enjoy a sparkling community swimming pool, while each home features its own attached two-car garage, front yard, and fenced backyard, all situated along a private cul-de-sac drive for added privacy and appeal. Ideally located just off Date Palm Drive, the property is within walking distance of shopping, restaurants, banking, entertainment and the nearby Agua Caliente casino. Residents also enjoy everything that makes Cathedral City living so desirable, including year-round sunshine, beautiful mountain views, convenient access to Palm Springs and the entire Coachella Valley, championship golf, hiking, festivals, and an outstanding desert lifestyle. This is a rare opportunity to acquire a newer, low-maintenance investment property that combines strong rental appeal, modern construction, and a prime Cathedral City location with potential long-term tax benefits.

Location

State CA

County Riverside

Area Cathedral City South

Interior

Heating None

Cooling Central

Fireplaces Type None

Equipment Dishwasher, Gas Or Electric Dryer Hookup, Inside, Microwave, On Upper Level, Refrigerator

Laundry Gas Or Electric Dryer Hookup, Inside, On Upper Level

Exterior

Parking Features Direct Entrance, Door Opener, Driveway, Garage - 2 Car, On street

Garage Spaces 20.0

Pool In Ground

Community Features Gutters, Curbs, Street Lights, Storm Drains, Sidewalks

View Y/N Yes

View City Lights

Roof Type Flat

Handicap Access None

Building

Story 2

Sewer In Street Paid

Water Public

Structure Type Stucco

Others

Special Listing Condition Trust

TheMLS (CLAW)
Listed by RE/MAX Nexus

NEARBY SCHOOLS & PROPERTIES

Shantrece Thomas

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 760-6560

shantrecethomas@gmail.com

200 W FORSYTH STREET SUITE 1605, Jacksonville, Florida 32202, United States

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68980 Via Eytel