Two-Unit
33661 Sky Blue Water Trl, Cathedral City, CA 92234
For Sale
$560,000
Residential Income, Colonial, Cathedral City, CA
Property Size1,728 SF
Lot Size0.19 Acres
Price / SF$324.07
Days on Market50
Property Features for 33661 Sky Blue Water Trl
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Appliances
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Architectural style
Listing Agency:
HomeSmart
(760) 844-7500
Listed By:
Miguel Briones · License #01705617
(760) 969-8401
Added: Sep 19
Changed: Nov 3
Last Checked: Nov 7 at 12:06PM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,728-square-foot duplex contains two distinct living units, with four bedrooms and four bathrooms recorded across the property. The building dates to 1986 and sits on a 0.19-acre parcel. Interior and service features include ceramic tile flooring, a gas cooktop, central heating and central air conditioning, plus public water service.
Driveway parking serves the property, which is located in Cathedral City and carries R204M zoning.
Driveway parking serves the property, which is located in Cathedral City and carries R204M zoning.
Key Highlights
- Two separate residential units
- 1,728 square feet on a 0.19‑acre lot
- Four bedrooms and four bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,361
Cap Rate
5.42%
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 5.42%
Second Best
Apartment 5plus
$399.6K
$349.6K – $466.2K
NOI $27,970 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$517.7K
$453.0K – $604.0K
NOI $36,238 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
$420,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Riverside County, CA
Properties on Market for Duplexes in Riverside County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Separate living spaces support a range of ownership and occupancy arrangements.
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 $560,000.
What are key features of this property?
This property features: Two separate residential units; 1,728 square feet on a 0.19‑acre lot; Four bedrooms and four bathrooms
