69180 Victoria Drive, Cathedral City, CA 92234 (MLS# 219145029)

69180 Victoria Drive, Cathedral City, CA 92234

$2,949,000
Property Type: Residential Income Bedrooms: 30 Baths: 20 Square Footage: 12,300 Lot Size (sq. ft.): 34,848 Status: Active
Current Price: $2,949,000 List Date: 3/18/2026 Last Modified: 3/18/2026

Overview

Description

This fully leased, ten-unit property features spacious three-bedroom, two-bath residences averaging approximately 1,230 square feet--each equipped with in-unit laundry, private patios, and covered carport parking. Residents enjoy a premier amenity package, including a resort-style pool and tennis court, all on a well-maintained 0.8-acre site. Strategically located just off the Rancho Mirage border, the property delivers central access to Palm Springs and Palm Desert, in a submarket characterized by increasing rents and enduring demand. Operations are optimized through separately metered utilities, tenant-paid water and trash, and solar-paned common areas, resulting in stable net operating income and low management intensity. Current collections reach an annualized $250,512 in rent and $254,512 effective gross income, supporting a strong in-place cap rate of 6% at the offering price of $2,949,000. Further value lies in the potential conversion of the existing rear ADU into an inco ...

Listing Details MLS# 219145029

General Property Information

Total Units
10
Total Bedrooms
30
Full Baths
20
Total Baths
20
Approx SqFt
12300
SqFt Source
Assessor
Fireplace
No
Building # of Stories
2
Pool
Yes
Lot Acres
0.8
Lot Size Source
Assessor
Year Built
1982
Cross Streets
Victoria and Marcia

Property Features

Sale Type: Standard Listing Terms: Cash; Conventional; Other View Type: Desert; Mountain(s) Disclosures: None Levels: Two Flooring: Tile Cooling Type: Air Conditioning Pool Location: Community Pool Construction: In Ground Pool Description: Community Heating: Central Rooms: Dining Room; Living Room Security Safety: None Sewer: In, Connected and Paid Parking: Covered; Driveway Land Lease Type: Fee Simple

Listing Location and Property Info

APN
673141001
Original List Price
2949000
Street #
69180
Street Name
Victoria
Street Suffix
Drive
County
Riverside
State
CA
Zip Code
92234
Area
336 - Cathedral City South
Country
US

Listing Info

Number of Buildings
2

Tax Info

Tax Mello Roos
No

Property Info

Senior Community
No
Gated Community
No
View
Yes

More Information

Status Change Info

Status Change Date
2026-03-18

Counts

# Electric Meters
11
# Gas Meter
11
# Water Meters
11

Parking SpacesInformation

Total Carport Spaces
10
Total Parking Spaces
20

Listing, Location and Property Info

Entry Date
2026-03-18
Land Type
Fee

Sale Type

Standard
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Other
Yes

Parking Spaces/Information

Total Covered Spaces
10
Total Uncovered/Assigned Spaces
0

View Type

Desert
Yes
Mountain(s)
Yes

Disclosures

None
Yes

Levels

Two
Yes

Flooring

Tile
Yes

Cooling Type

Air Conditioning
Yes

Pool Location

Community
Yes

Pool Construction

In Ground
Yes

Pool Description

Community
Yes

Heating

Central
Yes

Rooms

Dining Room
Yes
Living Room
Yes

Security Safety

None
Yes

Sewer

In, Connected and Paid
Yes

Parking

Covered
Yes
Driveway
Yes

Land Lease Type

Fee Simple
Yes
Listing Office: Century 21 Affiliated Fine Homes & Estates
Listing Agent: Albert E Catalano
Last Updated: March - 18 - 2026
Information deemed reliable but not guaranteed.
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