68080 Risueno Rd
Cathedral City, CA 92234
Panorama- 12 Beds
- 4,900 sqft
12 Beds
4,900 sqft
Local Information
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Description
Introducing four turn-key, Free-standing Homes on two combined lots with Shovel-Ready RTI Plans for additional development. Currently, 2 out of the 4 units are delivered vacant, with a long rental history and low vacancy. Each turn-key property consists of 2 Bedrooms and 1 Bath, and has their own private backyard space, parking, and shares a sparkling communal pool. A true Oasis Compound. While the homes are ready to generate income NOW at close to 6% CAP, the fully entitled and approved plans allow the next owner to build an additional 2 (2 BD/1 BTH) homes/ADU's, for 6 total, creating an additional stream of income and a potential $15K in gross return at just today's market rates. This is a rare chance to create immediate cash flow with new tenants, live in one home and rent out others, and/or value-add with additional development and increased income. Get in before the $2.2B Palm Springs Airport Expansion. The ultimate canvas for Real Estate Investors in a growing region...
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
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Home Highlights
Parking
8 Parking Spaces
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 68080 Risueno Rd
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Levels, Entrance, & Accessibility Stories: 1 |
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Year Built Year Built: 1961 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Parking & Garage Parking Spaces: 8 |
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Lot Area: 7840.8 sqft |
Source: Douglas Elliman, MLS#25529355

Price History for 68080 Risueno Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 02/02/2026 | $2,000 | ListingRemoved | CLAW #26641443 |
| 01/21/2026 | $2,000 | Listed For Rent | CLAW #26641443 |
| 12/23/2025 | $1,595,000 | ListingRemoved | CLAW #25602401 |
| 10/24/2025 | $1,595,000 | PriceChange | CLAW #25602401 |
| 10/07/2025 | $1,725,000 | Listed For Sale | CLAW #25602401 |
| 07/03/2025 | $1,788,000 | ListingRemoved | CLAW #25529355 |
| 04/23/2025 | $1,788,000 | Listed For Sale | CLAW #25529355 |
| 04/22/2025 | $1,885,000 | ListingRemoved | Douglas Elliman #25507085 |
| 03/05/2025 | $1,885,000 | Listed For Sale | CLAW #25507085 |
| 08/27/2021 | $850,000 | Sold | CDAR/ Desert Area MLS #219062024 |
| 02/06/2018 | $299,000 | ListingRemoved | Agent Provided |
| 01/25/2018 | $299,000 | Listed For Sale | Agent Provided |
Comparable Sales for 68080 Risueno Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | $745,000 | 12/31/25 | 6 | - | 2,710 | |
1.37 | Multi-Family Home | $730,000 | 07/16/25 | 6 | 6 | 2,880 | |
1.61 | Multi-Family Home | $565,000 | 06/02/25 | 6 | 4 | 2,503 | |
1.57 | Multi-Family Home | $550,000 | 08/29/25 | 6 | 4 | 2,216 | |
2.36 | Multi-Family Home | $1,300,000 | 02/13/26 | 10 | 5 | 10,019 | |
2.07 | Multi-Family Home | $525,000 | 12/30/25 | 4 | 2 | 1,862 | |
1.53 | Multi-Family Home | $675,000 | 08/20/25 | - | - | ||
1.58 | Multi-Family Home | $610,000 | 12/03/25 | - | - | ||
1.61 | Multi-Family Home | $540,000 | 11/17/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 68080 Risueno Rd.
What Locals Say about Panorama
At least 102 Trulia users voted on each feature.
92 % Say there are sidewalks
88 % Say car is needed
85 % Say yards are well-kept
83 % Say parking is easy
81 % Say it's dog friendly
78 % Say there's holiday spirit
62 % Say it's quiet
60 % Say they plan to stay for at least 5 years
59 % Say it's walkable to grocery stores
57 % Say streets are well-lit
53 % Say people would walk alone at night
53 % Say kids play outside
47 % Say it's walkable to restaurants
45 % Say neighbors are friendly
24 % Say there's wildlife
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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68080 Risueno Rd, Cathedral City, CA 92234 is a 12 bedroom, 4,900 sqft multi-family built in 1961. 68080 Risueno Rd is located in Panorama, Cathedral City. This property is not currently available for sale. 68080 Risueno Rd was last sold on Aug 27, 2021 for $850,000 (52% lower than the asking price of $1,788,000).