6
Baths
13,068 Sq. Ft.
$69 / Sq. Ft.
13,068
Sq. Ft.
$69
per Sq. Ft.

Description

Excellent investment opportunity! Three of thirteen units for sale from this estate. Great residential income-generating triplex in a strong Cathedral City rental market! 68850 Cedar Road, features an almost 14,000 square foot private lot and three fully rented units, providing immediate cash flow. Three 3 Bedroom, 2 Bath homes each with a 2 car garage on a cul-de-sac. This property is situated in a desirable location with high rental demand, close to recreation, shopping, dining, schools, and major...Excellent investment opportunity! Three of thirteen units for sale from this estate. Great residential income-generating triplex in a strong Cathedral City rental market! 68850 Cedar Road, features an almost 14,000 square foot private lot and three fully rented units, providing immediate cash flow. Three 3 Bedroom, 2 Bath homes each with a 2 car garage on a cul-de-sac. This property is situated in a desirable location with high rental demand, close to recreation, shopping, dining, schools, and major commuter routes! Analysis is based on proforma rents!
  1. Listed by Dave Chamberlain • DRE #00762670 • Brokerage DRE #01925962 • Team Chamberlain Realty Exe. • 714-875-5330

Property Details for 68850 Cedar Road

Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
13068
Assessor Parcel Number
680-401-009
LISTING UPDATED: 02/21/2026 10:13 PM

Property Details for 68850 Cedar Road

StatusActive
MLS #PW26034459
Days on Market27
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1991
Lot Size0.30 AC / 13,068 SF
CountyRiverside County

Location

Listing Courtesy of Team Chamberlain Realty Exe., Dave Chamberlain, DRE #00762670
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Building Information for 68850 Cedar Road

Stories1Residences-Year Built1991Building Size-Lot Size0.30 AC / 13,068 SF

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$4,760 per month

30 year fixed, 6.11% Interest

Principal and Interest

$4,404

Property Taxes

$356

HOA Dues

$0

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Property Information for 68850 Cedar Road

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Water
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $79,200
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $76,800
  • Net Operating Income: $56,200
  • Number Of Rented Garages: 0
  • Gross Multiplier: 11.5
  • Cap Rate: 6.0
Expense Details
  • Operating Expense: $23,000
  • Insurance Expense: $1,500
  • Trash Expense: $2,000
  • Water Sewer Expense: $3,000
  • Total Expenses: $6,500
Tax / Assessment Info
  • Tax Tract Number: 12345
  • Tax Lot: 39
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Biking, Dog Park, Golf, Hiking
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Water Heater, Range Hood
  • Equipment: Dishwasher, Outside
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Primary Bedroom
  • Bedroom Features: All Bedrooms Down
  • Water Heater Features: Gas
  • Laundry: Yes
  • Laundry Features: Outside
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring Type: Tile
  • Flooring: Tile
Exterior Features
  • Entry Location: Off Driveway
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Back Yard, Cul-De-Sac, Level with Street
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 6
  • Parking Garage Spaces: 6
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Rancho Ramon
  • Builders Tract Code: Other (OTHR)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,691
  • Unit Type Total Rent: $1,691
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,578
  • Unit Type Total Rent: $1,578
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,623
  • Unit Type Total Rent: $1,623
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 3
  • Number With Range: 3
  • Number With Disposal: 3

Property History for 68850 Cedar Road

DateEvent & SourcePriceAppreciation
Feb 21, 2026

Listed (Active)

CRMLS #PW26034459

$907,500—
Feb 20, 2026

Listed (Active)

CLAW #PW26034459MR

$907,500—
Feb 20, 2026

Listed (Active)

SDMLS #PW26034459

$907,500—
DateEvent & SourcePrice
02/21/2026

Listed (Active)

CRMLS #PW26034459

$907,500
02/20/2026

Listed (Active)

CLAW #PW26034459MR

$907,500
02/20/2026

Listed (Active)

SDMLS #PW26034459

$907,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 68850 Cedar Road

Taxable ValueLand$20,364Additions$235,145Total$255,509
Tax Record2025$4,275 ($356 / month)
Home Facts
Baths6Total Finished SqFt3,550 SqFtAbove Grade Finished SqFt3,550 SqFtStories1Lot Size13,068 SqFtStyleTriplexYear Built1991Year Renovated1992ZoningR204CountyRIVERSIDEAPN680-401-009Fireplace TypeHas Fireplace

Schools near 68850 Cedar Road

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cathedral City Elementary School
PublicK to 5

Nellie N. Coffman Middle School
Public6 to 8

Cathedral City High School
Public9 to 12

Mt. San Jacinto High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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68850 Cedar Road is a multi-family home for sale in Cathedral City, CA 92234. This property was listed for sale on February 20, 2026 by Team Chamberlain Realty Exe., it's currently listed at $907,500. This listing's school district is Palm Springs Unified School District. Nearby schools include Cathedral City Elementary School, Nellie N. Coffman Middle School and Cathedral City High School. 68850 Cedar Road is a 9-bed, 6-bath, 13,068 sqft multi-family home built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Team Chamberlain Realty Exe., Dave Chamberlain, DRE #00762670

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.