68980 Via Eytel Cathedral City, CA $ 2,895,000
68980 Via Eytel
$ 2,895,000
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68980 Via Eytel

Cathedral City, CA, 92234
$ 2,895,000
Baths1.1 Sq 8,000

Monthly Estimate*

$ 18,279

Listed by RE/MAX Nexus
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Studio

Multi-Family Home for sale in Cathedral City, CA

for $2,895,000 with 1 full bath, 1 half bath. This 8,000 square foot home was built in 2022 on a lot size of 0.64.

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.

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Multi-Family Active

Price

$ 2,895,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.64

Year Built

2022

Town/City

Cathedral City

County/Region

Riverside

MLS | Web ID

SB26082359

Days on Market

1

Features
General
Sewer Sewer Tap Paid
Heating None
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Flat
Appliances Dishwasher Gas Oven Gas Range Microwave Refrigerator
HOA Fee 0
Garage Spaces 10
Pool Features Community In Ground
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stucco Copper Plumbing
Year Built 2022
Electric Electricity - On Property
Tenant Pays All Utilities Electricity Gas Water
View City Lights Mountain(s)
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Gross Income 181080
Community Features Curbs Gutter(s) Storm Drain(s) Street Lights Sidewalks Pool
Accessibility None
County Riverside
Net Operating Income 89795
Operating Expense 82231
Insurance Expense 7348
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 4610
Subdivision Name None
Garage Y/N true
Special Listing Conditions Trust
Status Active
Directions Via Eytel is at intersection of Date Palm North of Dinah Shore and South of Ramon Rd.
City Cathedral City
Entry Location Side
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 5
MLS Area 336 - Cathedral City South
Lot Size Units Square Feet
Lot Size Square Feet 27878
Number of Units Leased 5
Listing Terms Cash Cash to New Loan 1031 Exchange Submit Trust Conveyance
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 4443
Current Financing None
Fuel Expense 620
Property Condition Turnkey
Trash Expense 6324
Water Sewer Expense 1970
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 52
Total Actual Rent 15090
Property Sub Type Additional Single Family Residence
Taxes 36250
Cap Rate 3.2
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Interior
Interior Amenities Block Walls Ceiling Fan(s) Granite Counters Unfurnished All Bedrooms Up
Flooring Laminate Wood
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N false
Window Features Blinds
Fireplace Y/N false
Laundry Features Electric Dryer Hookup Gas Dryer Hookup Inside Upper Level
Entry Level 1
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Exterior
Fencing Block
Parking Features Concrete Door-Multi Direct Access Driveway Garage Faces Front Garage Garage Door Opener On Street
Lot Features 2-5 Units/Acre Back Yard Cul-De-Sac Desert Back Desert Front Drip Irrigation/Bubblers Front Yard Landscaped Rectangular Lot Sprinklers Timer Street Level Yard
Water Source Public
Total Parking 20
Lot Size Area 27878
Foundation Details Slab
Number of Buildings 5
Spa false
Building Area Total 8000
Lot Size Acres 0.64
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Door Features Sliding Doors
Pool Charge 3655
Number of Separate Water Meters 5
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Road Frontage Type City Street
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* Excluded Features
List By
Re/Max Nexus

Broker

remaxnexusca@gmail.com

Email

Affordability Calculator

$18,279
Per Month
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0%
0%
Monthly Principal & Interest
$18,279
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$2,895,000 Listed Price

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68980 Via Eytel, Cathedral City, CA, 92234 is a Multi-Family Home for sale at $2,895,000 with 8,000 sqft and a lot size of 0.64. 68980 Via Eytel is a studio with 1.1 baths and was built in 2022. The property's zip code is 92234 which is in Cathedral City, CA