Two separate buildings each with 2 br and 1 bath. Great investment opportunity in Panorama. Prime location. Concrete block construction. One garage building with 2 spaces. Identical set-up next door. Buy both and get four buildings each with 2 br/2ba, two garage buildings with 2 cars each. Offer contingent on inspection by buyer after seller's acceptance of offer. Do not disturb tenants.
Multi-familyProperty Type
1962Year Built
7,841 sq ftLot Size
$275Est. Price/Sq.Ft.
2 car garageParking
Listed by William Cochran•DRE #01403175• Berkshire Hathaway HomeServices California Properties
Bought with Louis DiGonzini• Keller Williams Realty Irvine
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
1962
Sq. Ft.
825
Year built
1962
Style
Other
County
Riverside County
APN
675252002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
Property details
Parking
Parking and Garage Information
Parking Spaces/Information: Total Parking Spaces: 2.00
Parking Spaces/Information: Total Garage Spaces: 2.00
Parking Spaces/Information: Total Covered Spaces: 2.00
Interior
Bathroom Information
Bathroom Features: Shower Stall
Room Information
Laundry: Yes
Flooring
Flooring: Ceramic Tile
Equipment
Counts: # of Ranges: 2
Heating & Cooling
Heating: Central
Cooling Type: Central Air
Exterior
Building Information
Foundation: Slab
Levels: One
Building Style: Contemporary
Building # of Stories: 1
Exterior Features
Patio Features: Concrete Slab
Counts: # of Patios: 2
Land Information
Lot Acres: 0.1800
Land Type: Fee
Land Type: Fee Simple
Lot Information
Paved: Yes
Lot Size Source: Assessor
Property Features
Property Condition: Repair Cosmetic
Sq Ft Source: Other
Financial
Rental Information
Year
Utilities
Utilities Information
Sewer: In, Connected and Paid
Counts: # Gas Meter: 2
Counts: # Electric Meters: 2
Location
Multi-Unit General Information
Water Heater: Yes
Water
Tenant Pays: Electricity
ADA Compliant: Yes
Multi-Unit Income Information
Income & Expenses: Net Operating Income $: 16712.00
Income & Expenses: Monthly Gross Income $: 1650.00
Income & Expenses: Gross Spendable Income $: 12766.00
Income & Expenses: Gross Schedule Income $: 19800.00
Income & Expenses: Gross Operating Income $: 18810.00
Income & Expenses: Gross Income $: 19800.00
Income & Expenses: Gross Annual Income $: 19800.00
Income & Expenses: Assessed Improvement $: 100000.00
Income & Expenses: Annual Gross Rent $: 19800.00
Income & Expenses: Actual Total Rent $: 19800.00
Multi-Unit Expense Information
Income & Expenses: Vacancy Allowance % or $: 5.00
Income & Expenses: Cap Rate %: 7.00
Income & Expenses: Water Expense $: 261.00
Income & Expenses: Total Annual Operating Expenses $: 18810.00
Income & Expenses: Professional Management $: 920.00
Income & Expenses: Other Expense $: 50.00
Income & Expenses: Insurance $: 1100.00
Income & Expenses: Gardener $: 450.00
Multi-Unit Property Counts
Total Units: 2
# of Buildings: 2
Location Information
Directions: From Ramon: North on Landau to Tortuga Rd. Right on Tortuga. On right side of the street. From Vista Chino: South on Landau to Tortuga Rd. Left on Tortuga. On right side of the street
Cross Streets: Avenida La Paz
Community Information
Unit Total in Complex: 2
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 825
Stories: 1.0
Lot Size: 8,276 square feet
Style: Other
Year Built: 1962
Year Renovated: 1962
County: Riverside County
APN: 675252002
Home facts updated by county records on Aug 8, 2026
Other
Listing Information
Sale Type: Standard
Close Of Escrow
Around this home
Schools
Landau Elementary School
Public K-5 • Assigned • 0.3mi
3/10
James Workman Middle School
Public 6-8 • Assigned • 1.2mi
5/10
Rancho Mirage High
Public 9-12 • Assigned • 2.4mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 Flood Factor
Estimated 19-29% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
6 days above 113° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Cathedral City, CA • 92234
Average low and high temperatures (°F)
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76
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66
77
54
75
50
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$432,000 – $522,000
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