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Sold for $770,000
  • Listing Provided by: 

    Nerses Ananyan DRE #01320968 818-786-5511,

    Titus Realty, Inc.

    Bought with: Strategic Asset Management Group, Inc.
    $770,000

    68125 Santelmo Rd, Cathedral City, CA 92234

    4beds
    3baths
    2,072sqft
    Triplex
    Built in 1961
    -- sqft lot
    $743,800 Zestimate®
    $372/sqft
    $2,516 Estimated rent

    Home value

    $743,800

    $699,000 - $796,000

    $2,516/mo

    Zestimate® history
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    $4,637/mo

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    What's special

    Incredible triplex in Panorama park. Secure building in a safe residential neighborhood. All the hard work is done. Complete remodel inside and out, including new plaster in pool and efficient filtration plumbing. The property consists of: one 2Br + 1Bath, currently rented for $2,195 and two 1Br + 1Bath units, currently rented for $1,595 each. Great hard working tenants. Pool is for tenant use only. All units have central air and individual water heaters with bright living rooms and individual patios. It is like living in a resort. All hardwood and tile flooring and new kitchens in two of the units. Carport parking for each residents and plenty of guest parking as well. This triplex is earning annually in excess of 64K and being sold at great GRM.

    Zillow last checked: 8 hours ago

    Listing updated: October 19, 2023 at 09:41pm

    Listing Provided by:

    Nerses Ananyan DRE #01320968 818-786-5511,

    Titus Realty, Inc.

    Bought with:

    Christopher Go, DRE #02011784

    Strategic Asset Management Group, Inc.

    Source: CRMLS,MLS#: SR23106739MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: None
    Features
    • All Bedrooms Down
    • Flooring: Laminate, Tile
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,072
    • Total interior livable area: 2,072 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage, Carport
    • Garage spaces: 3
    • Carport spaces: 3
    • Covered spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Ground Floor
    • Pool features: Community
    Lot
    • Size: 8,276 sqft
    • Features: 2-5 Units/Acre, Street Level
    Details
    • Parcel number: 675113004
    • On leased land: Yes
    • Lease amount: $0
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights, Urban, Pool
    Location
    • Region: Cathedral City

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    10/19/2023Sold$770,000-3.6%$372/sqft
    Source: CRMLS #SR23106739 Report a problem
    10/16/2023Pending sale$799,000$386/sqft
    Source: CRMLS #SR23106739 Report a problem
    9/8/2023Contingent$799,000$386/sqft
    Source: CRMLS #SR23106739 Report a problem
    7/17/2023Price change$799,000-4.7%$386/sqft
    Source: CRMLS #SR23106739 Report a problem
    6/16/2023Listed for sale$838,000+30.7%$404/sqft
    Source: CRMLS #SR23106739 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,875 -1.4%$785,400 +2%
    2024$12,040 +14%$770,000 +17.8%
    2023$10,559 +2.8%$653,820 +2%

    Find assessor info on the county website

    Neighborhood: Panorama

    Nearby schools

    GreatSchools rating
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    Estimated market value$743,800
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    Estimated market value
    $743,800