Colonial Duplex with Central
For Sale
$580,000
33661 Sky Blue Water Trl, Cathedral City, CA 92234
Residential Income, Colonial, Cathedral City, CA
Property Size1,728 SF
Lot Size0.19 Acres
Price / SF$335.65
Days on Market21
Property Features for 33661 Sky Blue Water Trl
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R204M
Bedrooms
4
Bathrooms
6
Full bathrooms
4
Rooms
Bedroom 1, Bathroom 4, Bathroom 6, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 5, Bathroom 2
Parking
3
Parking features
Driveway
Appliances
Cooktop - Gas
Directions
From I-10 Take Gene Autry south to Dinah Shore Drive make a left then go tp Sky Blue Water take a left to property.
Subdivision
Cathedral City South
Standard status
Active
APN
680-432-007
Size
1,728 SF
Lot size
0.19 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1986
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic
Architectural style
Colonial
Listing Agency:
HomeSmart
(760) 844-7500
Listed By:
Miguel Briones · License #01705617
(760) 969-8401
Added: Sep 19
Changed: Oct 8
Last Checked: Oct 9 at 1:06PM
MLS# 26990583PS
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex contains 1,728 square feet on a 0.19-acre lot, with two separate living units arranged for independent residential use. The property includes four bedrooms and six bathrooms overall, along with kitchens, living areas, ceramic tile flooring, and central heating and cooling. A gas cooktop, public water service, and driveway parking are also provided. Built in 1986, the building has a Colonial architectural style and is zoned R204M.
The property is located at 33661 Sky Blue Water Trail in Cathedral City, Riverside County, California. Its setting provides access to shopping, dining, entertainment, golf, and other Coachella Valley attractions. The separate-unit configuration may accommodate an owner-occupant arrangement or continued residential rental use, subject to applicable requirements.
The property is located at 33661 Sky Blue Water Trail in Cathedral City, Riverside County, California. Its setting provides access to shopping, dining, entertainment, golf, and other Coachella Valley attractions. The separate-unit configuration may accommodate an owner-occupant arrangement or continued residential rental use, subject to applicable requirements.
Key Highlights
- Duplex with two separate living units
- 1,728 square feet on a 0.19‑acre lot
- Four bedrooms and six bathrooms overall
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,361
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,220
$607.2K
Cap Rate 7%
$433,729
$433.7K
Cap Rate 9%
$337,344
$337.3K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$44.2K $25.56/SF
− Vacancy
−$795 −$0.46/SF
EGI
$43.4K $25.10/SF
− OpEx
−$13.0K −$7.53/SF
NOI
$30.4K $17.57/SF
Area
Riverside County, CA
Vacancy
1.80%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,220
Cap Rate 7%
$433,729
Cap Rate 9%
$337,344
Alternative Uses
Best Use
Multifamily LT 5
$433.7K
$379.5K – $506.0K
NOI $30,361 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$399.6K
$349.6K – $466.2K
NOI $27,970 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$517.7K
$453.0K – $604.0K
NOI $36,238 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
Explore this area
Business Placement
Demographics for 92234, CA
51,509
Population
23,114
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
3,480
Density / Sq Mi
$67,031
Median Household Income
$34,895
Median Earnings
$1,554
Median Rent
$420,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer kitchens, living areas, and bedroom and bathroom accommodations.
Where is this duplex located?
The property is located at 33661 Sky Blue Water Trl Cathedral City, CA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Duplex with two separate living units; 1,728 square feet on a 0.19‑acre lot; Four bedrooms and six bathrooms overall
