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$2,895,000
Est. payment /mo
16 Beds
12 Baths
0.64 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26082359
Bedrooms 16
Lot Size 0.640 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Five Modern 4 Years New Detached Single Family Homes in Cathedral City - Exceptional Opportunity Zone Investment Rare opportunity to own five detached two-story homes, all built just four years ago, in one of Cathedral City's most desirable residential communities. Located within a Qualified Opportunity Zone, this property may offer significant federal tax advantages, including the potential to eliminate federal capital gains tax on appreciation if ownership and all IRS Qualified Opportunity Zone requirements are satisfied. (Buyers should consult their tax advisor regarding eligibility and tax benefits.) Designed with true pride of ownership, this modern multifamily development offers an exceptional resort-style living experience. Residents enjoy a sparkling community swimming pool, while each home features its own attached two-car garage, front yard, and fenced backyard, all situated along a private cul-de-sac drive for added privacy and appeal. Ideally located just off Date Palm Drive, the property is within walking distance of shopping, restaurants, banking, entertainment and the nearby Agua Caliente casino. Residents also enjoy everything that makes Cathedral City living so desirable, including year-round sunshine, beautiful mountain views, convenient access to Palm Springs and the entire Coachella Valley, championship golf, hiking, festivals, and an outstanding desert lifestyle. This is a rare opportunity to acquire a newer, low-maintenance investment property that combines strong rental appeal, modern construction, and a prime Cathedral City location with potential lo
Location
State CA
County Riverside
Zoning Assessor
Direction Via Eytel is at intersection of Date Palm, North of Dinah Shore and South of Ramon Rd.
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Pool Below Ground, Community/Common
Utilities Available Sewer Connected
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 680411032
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Listed by Steven Simonetti, DRE#0368946 RE/MAX Nexus
Nearby School & Business
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Nicole Hazelton-Meacham
Broker Associate | License ID: 01819363
Broker Associate License ID: 01819363
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