69850 Ca-111 Rancho Mirage, CA 92270
MULTI_FAMILY - Rancho Mirage, CA
Property Features for 69850 Ca-111
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Living Room, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Laundry Room
- Parking
- 2
- Parking features
- Assigned, Guest, Carport
- Window features
- Blinds
- Pool private
- 1
- Interior features
- Furnished, Brick Walls, Open Floorplan, Storage
- Fencing
- Privacy, Brick
- Appliances
- Water Heater, Disposal, Microwave, Refrigerator, Gas Water Heater, Gas Range, Gas Oven, Dishwasher
- Standard status
- Active
- APN
- 68904001723
- Size
- 1,378 SF
- Lot size
- 12.23 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
Building Details
- Year built
- 1958
- Floors in Building
- 2
- Flooring type
- Carpet, Tile
- Building materials
- Stucco
- Roof type
- Concrete
- Additional Structures
- Storage
Listing agent Melissa Lundgren License #02030835 (714) 998-8810
Listing office Berkshire Hathaway HomeServices California Properties 2905 E Tahquitz Canyon Way, Yorba Linda, CA (760) 323-5000
Listing date Mar 16, 2026
Copyright © 2026 California Regional Multiple Listing Service, Inc. 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.
The property is situated directly on CA-111, providing straightforward access along the corridor.
Additional details regarding unit mix, interior condition, or income history were not provided with the listing information.
Key Highlights
- 1958 stucco construction with concrete roof
- Central heating and central air conditioning
- Private pool plus brick and privacy fencing
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.3k | $30.00 |
| − Vacancy | −$785 | −$0.57 |
| EGI | $40.6k | $29.43 |
| − OpEx | −$18.2k | −$13.24 |
| NOI | $22.3k | $16.19 |
