68080 Risueno Rd, Cathedral City, CA 92234
OFF MARKET

68080 Risueno Rd
Cathedral City, CA 92234

Panorama
  • 12 Beds
  • 4,900 sqft
12 Beds
4,900 sqft

Local Information

Map showing home location
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-- mins to
Commute Destination

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

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1961
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Exterior Features

Parking & Garage
Parking Spaces: 8

Lot Information

Lot Area: 7840.8 sqft
Source: Douglas Elliman, MLS#25529355

Price History for 68080 Risueno Rd

DatePriceEventSource
02/02/2026$2,000ListingRemovedCLAW #26641443
01/21/2026$2,000Listed For RentCLAW #26641443
12/23/2025$1,595,000ListingRemovedCLAW #25602401
10/24/2025$1,595,000PriceChange
CLAW #25602401
10/07/2025$1,725,000Listed For SaleCLAW #25602401
07/03/2025$1,788,000ListingRemovedCLAW #25529355
04/23/2025$1,788,000Listed For SaleCLAW #25529355
04/22/2025$1,885,000ListingRemovedDouglas Elliman #25507085
03/05/2025$1,885,000Listed For SaleCLAW #25507085
08/27/2021$850,000Sold
CDAR/ Desert Area MLS #219062024
02/06/2018$299,000ListingRemovedAgent Provided
01/25/2018$299,000Listed For SaleAgent Provided
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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

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Neighborhood Overview

Neighborhood stats provided by third party data sources.

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.
  • Shari Zabel
    "Lovely Panorama park is a block from my home. Friendly neighborhood. Houses are well maintained and the traffic is light and sedate. A lot of nearby activities and restaurants. Shopping nearby. Excellent Latino grocery down the street. I’m retired so my commute is outstanding"
  • Shari Zabel
    "Nice neighborhood with friendly people. Panorama park with dog play areas. Public transit is available. "
  • Trulia User
    "its absolutely amazing 👏 I love it. I walk my dog everyday go to park. I know my neighbors and we have good times. "
  • Trulia User
    "The lot sizes in this neighborhood are perfect for backyard BBQs and making your own oasis at home with the family."
  • Trulia User
    "Lots of dog walkers in the area. sidewalks are abundant. panorama park is a great place as well to walk dogs. "
  • Pablo G.
    "Irresponsables in the park , they don’t pick up there dogs mess. I think city needs to put more strict rules about dogs walking in park. "
  • Chris V.
    "I’ve lived here for 20 years and I’ve never had a problem. Whatever you need is very close. Schools are good. "
  • Arminda S.
    "for the most part there all friendly dogs and when taken out on a walk they are always on leashed up. "
  • Kelly Folmar
    "Looks nice and quiet want to live in California like mobile homes tired of noise from drivers out on street."
  • Jeff
    "Life is a breeze! The commute here is typically for vacationers and those leading the life of retirement!"
  • Hovik
    "Beautiful area clean safe and private. Great neighborhood very relaxing and quiet. I love leaving here. "
  • Josietennant1
    "Constant traffic makes it difficult be careful , people speeding frequently and nobody pays attention "
  • Klmla
    "Family friendly, clean neighbors and lots of families walking their dogs. We’ve been living here for over 10years."
  • Klmla
    "Lived here for over 10y. Great mixture of families, mostly owners. Schools and shopping is close by. We are minute from PS airport and i10 is very accessible."
  • Glen T.
    "Friendly neighbors and safe neighborhood."
  • Ken
    "Lived here for almost 8 years. "
  • G
    "Family friendly, good sidewalks for walking, mountain views, good location for quick access to freeway"

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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).