USACACathedral City69180 Victoria Dr
Victoria69180#32 | Image 1
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69180 Victoria Dr, Cathedral City, CA

Real Estate

For Sale

Listed price in listed location currency (USD).
$2,949,000

0020

MLS® 219145029DA

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1982
MLS® Number 219145029DA

Property Address: 69180 Victoria Dr, Cathedral City, CA, 92234-6866

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

Description

This fully leased, ten-unit property features spacious three-bedroom, two-bath residences averaging approximately 1, 230 square feet--each equipped with in-unit laundry, private patios, and covered carport parking. Residents enjoy a premier amenity package, including a resort-style pool and tennis court, all on a well-maintained 0.8-acre site.Strategically located just off the Rancho Mirage border, the property delivers 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, resulting in stable net operating income and low management intensity. Current collections reach an annualized $250, 512 in rent and $254, 512 effective gross income, supporting a strong in-place cap rate of 6% at the offering price of $2, 949, 000.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. This asset represents a rare blend of immediate yield and development upside--an attractive proposition for institutional and private investors seeking both stable returns and long-range growth in one of Southern California's most resilient rental markets.
MLS® Number219145029DA
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1982
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2026List Date
$2,949,000List Price
  • Commute

Commute

Starting Address
Destination Address
69180 Victoria Dr, Cathedral City, CA

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