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$10,950,000

For Sale

5 months ago

68550 Grove St, Cathedral City, CA

House

MLS® 219138249DA

0 Bed

0 Bath

--

39 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage Yes
Taxes 
Days Active 162
Lot Size 
Approx. Age 2025
MLS® Number 219138249DA

Property Address: 68550 Grove St, Cathedral City, CA, 92234-1812

Average square foot calculated using Size range provided by listing agent.

Description

The Jasper is a one-of-a-kind opportunity to acquire 19 Multi-Family Units (currently under construction and estimated to be completed in Q1 2026) with an infill downtown location in fast-growing Cathedral City, which is currently experiencing a major development renaissance. This well-located property is off of the main arterial road ''Hwy. 111/East Palm Canyon Drive'' and is nearby the newly constructed and opened ''Agua Caliente Casino'' which created over 500 new jobs, with over 500 new slot/gaming machines & table games, and several new restaurants. Additional new retail is under construction to the east including Starbucks, Chipotle, Farmer Boys, and Circle K. This project is truly a prime pedestrian-oriented development. Furthermore, The Jasper is located within the state's Qualified Opportunity Zone (rare for superior locations like this), which can allow for significant capital gains tax savings for qualified investors.
MLS® Number219138249DA
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2025
Basement
DrivewayAssigned, Garage, Garage Door Opener, Guest
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 5, 2025List Date
$10,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
68550 Grove St, Cathedral City, CA

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