69180 Victoria Dr Cathedral City, CA 92234
New
Ten-unit property with in-unit laundry, pool, and tennis court.
Type:Commercial
Property size:
1,230 SFLot size:
0.80 Acres- Added:
- Apr 24, 2026
- Days on Market:
- 6
- Last Refresh:
- Apr 24 at 4:29 pm
Property Features for 69180 Victoria Dr
General Information
- Standard status
- Active
- Size
- 1,230 SF
- Lot size
- 0.80 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing agent Albert Catalano (760) 969-2916
Listing office (760) 969-2916
Listing date Apr 24, 2026
Source Elliman
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 Albert Catalano
Overview
Fully Leased Ten-Unit Multifamily Property
This fully leased, ten-unit property features spacious three-bedroom, two-bath residences averaging approximately 1,230 square feet. Each unit is equipped with in-unit laundry, private patios, and covered carport parking. Residents have access to a resort-style pool and a tennis court, all situated on a well-maintained 0.8-acre site. The property is strategically located just off the Rancho Mirage border, providing central access to Palm Springs and Palm Desert, in a submarket characterized by increasing rents and enduring demand. Operations are optimized through separately metered utilities, tenant-paid water and trash, and solar-paned common areas. Current collections reach an annualized $250,512 in rent and $254,512 effective gross income, supporting a strong in-place cap rate of 5.75%. Further value lies in the potential conversion of the existing rear ADU into an income-generating unit and the possibility for redevelopment of the tennis court area, pending buyer verification. The property is located at 69180 Victoria Dr, Cathedral City, CA 92234.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Cathedral City
- County
- Riverside
- State
- California
- Longitude
- -116.4550571
- Latitude
- 33.7985062
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Ten-unit property with in-unit laundry, pool, and tennis court.
Where is this apartment building located?
The property is located at 69180 Victoria Dr Cathedral City, CA.
What is the asking price?
The asking price for this property is $3,295,000.
What are key features of this property?
This property features: Fully leased, ten‑unit property generating $250,512 annualized rent with a 5.75% cap rate.; Spacious three‑bedroom, two‑bath residences averaging 1,230 square feet with in‑unit laundry, private patios, and covered carport parking.; Premier amenity package includes a resort‑style pool and tennis court on a well‑maintained 0.8‑acre site.
