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Single Story 3BR/2BA Units 33654 Pueblo Trl 2 Unit Apartment Building $760,000 ($380,000/Unit) 5.94% Cap Rate Cathedral City, CA 92234



Investment Highlights
- 100% Single Story 3BR/2BA Units w/ Detached Large Two Car Garages for Each Unit
- Roof Replaced Year 2023
- Low-Density Duplex Configuration with No Units Above or Below
- Extensive Improvements in Recent Years Include: Interior & Exterior Paint, Updated Bathroom Vanities, LED Lighting, Ceiling Fans, & Landscaping
- Spacious Private Backyard and Outdoor Patio Areas
- Convenient Cathedral City Location with Access Throughout Coachella Valley
Executive Summary
We are pleased to present this well-maintained and updated duplex investment opportunity in Cathedral City, CA. The property consists of two spacious 3BR/2BA units, each featuring a large 2-car garage, additional driveway parking, private backyard, appliances, and a washer and dryer located in the garage. The property has undergone extensive improvements in recent years, including a newer roof, interior and exterior paint, updated bathroom vanities, LED lighting, ceiling fans, landscaping, and additional upgrades throughout. The combination of large 3-bedroom floor plans, private outdoor space, ample parking, and individual garages provides an attractive rental offering for families and long-term tenants. These features, along with the improvements already completed, also contribute to ease of ownership and long-term tenant appeal. Conveniently located with easy access to major roads and highways throughout the Coachella Valley, the property is near schools, parks, shopping, dining, entertainment, golf courses, employment centers, and other area amenities. With strong rental demand, desirable unit layouts, and substantial improvements already completed, the property offers investors an opportunity to acquire a solid income-producing asset with long-term potential in an established Coachella Valley rental market.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$62,400
|
$29.71
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$62,400
|
$29.71
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$17,226
|
$8.20
|
| Net Operating Income |
$45,174
|
$21.51
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $62,400 |
| Annual Per SF | $29.71 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $62,400 |
| Annual Per SF | $29.71 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $17,226 |
| Annual Per SF | $8.20 |
| Net Operating Income | |
|---|---|
| Annual | $45,174 |
| Annual Per SF | $21.51 |
Property Facts
| Price | $760,000 | Apartment Style | Low-Rise |
| Price Per Unit | $380,000 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,100 SF |
| Cap Rate | 5.94% | Average Occupancy | 100% |
| Gross Rent Multiplier | 12.18 | No. Stories | 1 |
| No. Units | 2 | Year Built/Renovated | 1984/2023 |
| Property Type | Multifamily | Parking Ratio | 3.81/1,000 SF |
| Property Subtype | Apartment |
| Price | $760,000 |
| Price Per Unit | $380,000 |
| Sale Type | Investment |
| Cap Rate | 5.94% |
| Gross Rent Multiplier | 12.18 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.19 AC |
| Building Size | 2,100 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1984/2023 |
| Parking Ratio | 3.81/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Linen Closet
- Patio
- Smoke Free
Site Amenities
- Smoke Free
- Trash Pickup - Curbside
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $2,600 | 1,050 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 680-441-035 | Improvements Assessment | $579,502 (2026) |
| Land Assessment | $198,092 (2026) | Total Assessment | $777,594 (2026) |
Property Taxes
Parcel Number
680-441-035
Land Assessment
$198,092 (2026)
Improvements Assessment
$579,502 (2026)
Total Assessment
$777,594 (2026)
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Single Story 3BR/2BA Units | 33654 Pueblo Trl
