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For Sale

$2,575,000

33105 Date Palm Drive
Cathedral City, CA 92234

Proposed Construction. Brand New 17 Unit Apartment Building that is in plan check, (12 )4BR 2.5 BA,( 5 )3BR 2.5 Ba BA if built out by developer can be completed in Spring of 2023.Completed Value $12,000,000. Net operating income when completed $476,100.00. Each unit will have Solar, 2 Car Garage, Gated Entry, and Pool. This is an Opportunity Zone Property which has tremendous tax benefits.Recently completed 5 unit complex on this same block, we just sold for $2.8 million. Read More

Market Status
Available
Last Updated
May 17, 2022

Property Type
Land
Architecture
Lots/Acreage
MLS Area
335 - Cathedral City North
View
Desert View

Local Market Conditions

There are currently 89 properties for sale in the Cathedral City, CA area with the average listing price of $530,484. This represents an increase of +2.1% over the previous week. The 1 bedroom homes saw the largest increase in the average listing price over the previous week with a +17.0% increase. To learn more about the Cathedral City, CA area, contact a local expert!

Market Snapshot for Cathedral City, CA

Avg. Listing Price

$530,484

Wk ending May 21

$+10,712

+2.1%

w-o-w

89

68

40

16

12

4

Average Listing Price for Cathedral City, CA
No. BedroomsNo. Beds Week Ending
(May 21)
w-o-w Week Ending
(May 14)
Week Ending
(May 7)
Week Ending
(Apr 30)
All PropertiesAll $530,484 +2.1% $519,772 $504,208 $505,532
1 bedroom1 BR $98,500 +17.0% $84,167 $84,167 $107,000
2 bedrooms2 BR $359,108 -1.5% $364,627 $316,172 $328,601
3 bedrooms3 BR $555,600 +5.5% $526,689 $509,295 $507,111
4 bedrooms4 BR $626,643 +4.3% $600,850 $618,254 $598,946

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Listing Provided By:

Carl Wuestehube

Tri-Star Realty

Phone
This $2,575,000 Land at 33105 Date Palm Drive in Cathedral City, CA is presented by Carl Wuestehube. This $2,575,000 Land, located in the 92234 zip code, has the following property features: View, MLS Area. This 33105 Date Palm Drive Land is listed under MLS listing number OC22014862 and has a listing price of $2,575,000. You can find more Cathedral City homes for sale here.

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Copyright© 2022, California Regional Multiple Listing Service, Inc. All rights reserved.