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68550 Grove Street Cathedral City CA 92234US24 Bed, 36.00 Bath (28 Full Bath , 15 Half Bath), 219138249
68550 Grove Street Cathedral CityCA92234
11950000.0000 1/1/1900 12:00:00 AM
Realty Executives Desert Lifestyles (La Quinta)
78065 Main St #107La QuintaCA92253
760-771-9090
1 /

Courtesy of: Ethan Mezrahi, Real Brokerage Technologies, ethanmezrahi@gmail.com

68550 Grove Street
Cathedral City CA 92234 US

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1 /

Courtesy of: Ethan Mezrahi, Real Brokerage Technologies, ethanmezrahi@gmail.com

Realty Executives Desert Lifestyles (La Quinta)
78065 Main St #107
La Quinta, CA, US 92253
760-771-9090

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68550 Grove Street
Cathedral City CA 92234 US

$11,950,000

Active Listing ID 219138249
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24 bed
bath icon
36.00 Bath (28 Full , 15 Half)
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Lot: 0.68 Acres
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Apartment

$11,950,000

Active Listing ID 219138249
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68550 Grove Street The Jasper is a one-of-a-kind opportunity to acquire 19 Multi-Family Units (currently under construction and estimated to be completed in Q1 2026) with an infill downtown location in fast-growing Cathedral City, which is currently experiencing a major development renaissance. This well-located property is off of the main arterial road ''Hwy. 111/East Palm Canyon Drive'' and is nearby the newly constructed and opened ''Agua Caliente Casino'' which created over 500 new jobs, with over 500 new slot/gaming machines & table games, and several new restaurants. Additional new retail is under construction to the east including Starbucks, Chipotle, Farmer Boys, and Circle K. This project is truly a prime pedestrian-oriented development. Furthermore, The Jasper is located within the state's Qualified Opportunity Zone (rare for superior locations like this), which can allow for significant capital gains tax savings for qualified investors.

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Property Features

  • Facts
  • Lot Size: 0.68 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 28
  • 1/2 Bathrooms: 15
  • Floor Covering: Vinyl
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 11950000
  • unparsedaddress: 68550 Grove Street
  • postalcity: Cathedral City
  • stateorprovince: CA
  • country: US
  • postalcode: 92234
  • bathroomsfull: 28
  • bathroomshalf: 15
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.68
  • lotsizeunits: Acres
  • lotsizearea: 0.68
  • livingarea: 19868
  • livingareaunits: Square Feet
  • latitude: 33.779455
  • longitude: -116.465826
  • listagentfullname: Ethan Mezrahi
  • listagentemail: ethanmezrahi@gmail.com
  • listagentkey: 3yd-CDARCA-D82736
  • listagentmlsid: D82736
  • listagentpreferredphone: 7607996344
  • listofficekey: 3yd-CDARCA-oD23353
  • listofficemlsid: oD23353
  • disclaimer: Copyright © 2026 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CDARCA
  • yearbuilt: 2025
  • listingcontractdate: 2025-11-05
  • listagentfax: 7607996344
  • listagenturl: https://www.onereal.com
  • countyorparish: Riverside
  • parcelnumber: 687195013
  • flooring: Vinyl
  • heating: Forced Air
  • numberofunitstotal: 19
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 39
  • parkingfeatures: Guest, Assigned, Open
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 2, Bathroom 35, Bathroom 30, Bathroom 37, Bathroom 41, Bedroom 10, Bathroom 33, Bathroom 42, Bedroom 20, Bathroom 25, Bathroom 17, Bathroom 4, Bedroom 18, Bathroom 18, Bathroom 36, Bathroom 38, Bathroom 23, Bathroom 28, Bedroom 1, Bedroom 4, Bedroom 9, Bedroom 11, Bedroom 24, Bathroom 15, Bathroom 22, Bathroom 24, Bathroom 11, Bedroom 8, Bedroom 21, Bedroom 23, Bathroom 9, Bathroom 1, Bathroom 13, Bedroom 19, Bathroom 27, Bathroom 29, Bedroom 22, Bathroom 31, Bathroom 16, Bathroom 19, Bathroom 40, Bathroom 21, Bedroom 13, Bathroom 7, Bedroom 12, Bathroom 43, Bathroom 14, Bathroom 26, Bathroom 39, Bedroom 6, Bedroom 17, Bathroom 12, Bathroom 34, Bathroom 3, Bathroom 10, Bedroom 5, Bedroom 14, Bedroom 15, Bedroom 16, Bathroom 5, Bathroom 6, Bathroom 8, Bathroom 20, Bedroom 3, Bathroom 2, Bedroom 7, Bathroom 32
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -116.46583, 33.779453
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Broker Technologies, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ethanmezrahi@gmail.com", "ListBrokerageCity":"San Diego", "ListBrokerageCountry":"US", "ListBrokerageEmail":"cabroker@therealbrokerage.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Real Broker Technologies, Inc.", "ListBrokeragePhone":"(855) 450-0442", "ListBrokeragePostalCode":"92101", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1420 Kettner Blvd. #100", "ListBrokerageWebsiteUrl":"https://www.onereal.com", "ListOfficeAddress1":"8030 La Mesa Blvd., #502 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"oD23353", "ListOfficeCity":"La Mesa", "ListOfficeCountry":"USA", "ListOfficeEmail":"membership@therealbrokerage.com", "ListOfficePostalCode":"91942", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Cathedral City, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/68550-Grove-St_Cathedral-City_CA_92234_M92054-86137?f=listhub&s=CDARCA&m=219138249&c=rexren", "MLSModificationTimestamp":"2025-11-05 18:00:24", "Neighborhoods":[{"Description":null, "Name":"Cathedral City Cove"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/1/2026 6:07:32 PM GMT
Source Updated Date: 1/10/2026 12:41:48 PM GMT

Courtesy of: Ethan Mezrahi, Real Brokerage Technologies, ethanmezrahi@gmail.com

Copyright © 2026 California Desert Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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