Two-Unit Duplex with Fenced
New
For Sale
$575,000
Pending
33434 Navajo Trl, Cathedral City, CA 92234
Two residences provide garages, private fenced yards, and washer/dryer hookups, with no HOA and fee-simple land ownership.
Property Size2,112 SF
Days on Market4
Property Features for 33434 Navajo Trl
General Information
Standard status
Pending
Size
2,112 SF
Total Parking Spaces
2
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
This side of duplex needs work.
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Amenities
washer/dryer hook ups
private fenced backyard
front yard area
Building Details
Year Built
1985
Buildings
1
Listing Agency:
Berkshire Hathaway HomeServices California Properties
Listed By:
Tari Clay · License #01280133
(760) 323-5000
Source:
Propertyinpalmsprings
Added: Sep 4
Changed: Sep 7
Last Checked: Sep 7 at 2:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices California Properties
Investment Insights
Based on property information with market context.
Built in 1985, this 2,112-square-foot duplex contains two three-bedroom, two-bath residences. Each unit includes a one-car garage, a private fenced backyard, and washer/dryer hookups in the garage. The right-side residence at 33434 Navajo Trl needs work, while the left-side residence at 33432 Navajo Trl also includes front-area parking near the garage.
The property is located in Cathedral City near shopping and restaurants, with a stated 10-minute drive to Palm Springs, Palm Springs International Airport, downtown dining and shopping, and hiking and biking areas. The land is fee simple, and the property has no HOA.
The property is located in Cathedral City near shopping and restaurants, with a stated 10-minute drive to Palm Springs, Palm Springs International Airport, downtown dining and shopping, and hiking and biking areas. The land is fee simple, and the property has no HOA.
Key Highlights
- Two‑unit duplex totaling 2,112 SF
- Each residence offers 3 beds and 2 baths
- One‑car garage and private fenced backyard for each unit
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
$37,108
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
6.45%
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%
$742,160
$742.2K
Cap Rate 7%
$530,114
$530.1K
Cap Rate 9%
$412,311
$412.3K
Market Conditions
NOI Build-Up for 2,112 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
$54.0K $25.56/SF
− Vacancy
−$972 −$0.46/SF
EGI
$53.0K $25.10/SF
− OpEx
−$15.9K −$7.53/SF
NOI
$37.1K $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%
$742,160
Cap Rate 7%
$530,114
Cap Rate 9%
$412,311
Alternative Uses
Best Use
Multifamily LT 5
$530.1K
$463.9K – $618.5K
NOI $37,108 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$488.4K
$427.3K – $569.8K
NOI $34,186 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$632.7K
$553.6K – $738.2K
NOI $44,290 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
341
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences provide garages, private fenced yards, and washer/dryer hookups, with no HOA and fee-simple land ownership.
Where is this duplex located?
The property is located at 33434 Navajo Trl Cathedral City, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,112 SF; Each residence offers 3 beds and 2 baths; One‑car garage and private fenced backyard for each unit
