Duplex With Covered
For Sale
$550,000
32957 Pueblo Trail, Cathedral City, CA 92234
Residential Income, Cathedral City, CA
Property Size1,904 SF
Lot Size0.19 Acres
Price / SF$288.87
Days on Market88
Property Features for 32957 Pueblo Trail
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5
Parking
8
Parking features
Covered, Driveway, Assigned
Subdivision
336 - Cathedral City South
Standard status
Active
APN
680252020
Size
1,904 SF
Lot size
0.19 Acres
Utilities
Heating system
Central
Building Details
Year built
1948
Floors in Building
1
Number of units
2
Flooring type
Mixed, Tile - Ceramic
Listing Agency:
First Team Real Estate
(760) 771-0514
Listed By:
Francisco Jilote · License #01980528
(760) 574-6443
Added: Jun 17
Changed: Sep 12
Last Checked: Sep 12 at 6:06PM
MLS# 219149562
Copyright © 2026 California Desert Association of REALTORS®. 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 1,904-square-foot duplex, built in 1948, contains two residential units with a combined five bedrooms and three bathrooms. The first unit has three bedrooms and two bathrooms, while the second includes two bedrooms and one bathroom. Interior features include mixed flooring with ceramic tile and central heating. Covered parking, a driveway, and assigned parking are provided on the 0.19-acre lot.
The property is located at 32957 Pueblo Trail in Cathedral City, within Riverside County. Shopping, dining, schools, and everyday conveniences are identified nearby. The two-unit layout supports several occupancy arrangements, including living in one unit while leasing the other or renting both units.
The property is located at 32957 Pueblo Trail in Cathedral City, within Riverside County. Shopping, dining, schools, and everyday conveniences are identified nearby. The two-unit layout supports several occupancy arrangements, including living in one unit while leasing the other or renting both units.
Key Highlights
- Two‑unit duplex with 5 bedrooms and 3 bathrooms
- 1,904 square feet on a 0.19‑acre lot
- Unit One: 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,453
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$669,060
$669.1K
Cap Rate 7%
$477,900
$477.9K
Cap Rate 9%
$371,700
$371.7K
Market Conditions
NOI Build-Up for 1,904 SF
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.
Gross rent
$48.7K $25.56/SF
− Vacancy
−$876 −$0.46/SF
EGI
$47.8K $25.10/SF
− OpEx
−$14.3K −$7.53/SF
NOI
$33.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$669,060
Cap Rate 7%
$477,900
Cap Rate 9%
$371,700
Alternative Uses
Best Use
Multifamily LT 5
$477.9K
$418.2K – $557.6K
NOI $33,453 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$440.3K
$385.2K – $513.7K
NOI $30,819 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$570.4K
$499.1K – $665.5K
NOI $39,928 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
827
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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Cap Rate, Value Estimation, Potential NOI and more
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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 residential units support owner occupancy, rental income, or leasing both spaces.
Where is this duplex located?
The property is located at 32957 Pueblo Trail Cathedral City, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑unit duplex with 5 bedrooms and 3 bathrooms; 1,904 square feet on a 0.19‑acre lot; Unit One: 3 bedrooms and 2 bathrooms
