Prime Investment Opportunity - Fully Occupied Tri-Plex Income Property!
Discover a fantastic income-producing property in the heart of Cathedral City. This well-maintained tri-plex offers three separate units, each designed for comfortable living and strong rental demand. Situated in a convenient neighborhood, the property benefits from close proximity to shopping, dining, schools, and easy access to Palm Springs and surrounding desert communities.
Tri-plex consists of one 2 bed with 2 baths, and two 1 bed and 1 bath units. With stable rental income and potential for future growth, this property is ideal for both seasoned investors and those looking to start or expand their portfolio.
Positioned on a 9,500sqft lot with ample parking and a carport, this tri-plex provides excellent upside potential with well-kept interiors and low-maintenance grounds.
Don’t miss this opportunity to own a versatile income property in one of the fastest-growing areas.
Sold for $510,000 on 10/08/25
Listing Provided by:
Christina Balian DRE #01834214 747-900-3116,
Pinnacle Estate Properties,
Gary Keshishyan DRE #01276434 818-534-4451,
Pinnacle Estate Properties
Bought with: HomeSmart
$510,000
37540 Van Fleet Ave, Cathedral City, CA 92234
4beds
4baths
2,405sqft
Triplex
Built in 1948
-- sqft lot
$510,000 Zestimate®
$212/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 08, 2025 at 01:36pm
Listing Provided by:
Christina Balian DRE #01834214 747-900-3116,
Pinnacle Estate Properties,
Gary Keshishyan DRE #01276434 818-534-4451,
Pinnacle Estate Properties
Bought with:
Sean Carbajal, DRE #01307528
HomeSmart
Source: CRMLS,MLS#: SR25101572
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Central
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator, Water Heater, Dryer, Washer
- Laundry: Washer Hookup, Laundry Room, Outside
Features
- Ceiling Fan(s), Storage
- Flooring: Stone
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
Interior area
- Total structure area: 2,405
- Total interior livable area: 2,405 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport, Driveway, On Street
- Carport spaces: 1
- Uncovered spaces: 5
Features
- Levels: One
- Stories: 1
- Entry location: main
- Pool features: None
- Spa features: None
- Fencing: Partial
- Has view: Yes
- View description: None
Lot
- Size: 9,583 sqft
Details
- Parcel number: 687241039
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: Electricity - On Property, Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Street Lights, Sidewalks
Location
- Region: Cathedral City
- Subdivision: Cathedral City Cove (33611)
HOA & financial
Other financial information
- Total actual rent: 4350
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$510,000
2% more+$10,200
With Zillow Showcase(estimated)$520,200