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68980 Eytel Road

Cathedral City CA 92234

16
12
27878 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

16 bedrooms
12 bathrooms
27878 sq. ft. lot size
Multi-Family

Property history for 68980 Eytel Road

2022
Sold
$2,800,000
14 Jan 2022 by Carl Wuestehube, of Tri-Star Realty

Happy sellers in Cathedral City

<50%
Less than 50% of sellers in Cathedral City reported that their sale price either exceeded or met their price expectations.

Cathedral City stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Cathedral City over the last 12 months.

Local market activity for 16 bedroom multi families in Cathedral City

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