Cathedral City Homes with Apartment Subtype

Welcome to Cathedral City, a vibrant city located in Riverside County, California. Known for its stunning desert landscapes and beautiful mountain views, Cathedral City offers a unique blend of natural beauty and urban amenities.

If you're looking for a home with an apartment subtype in Cathedral City, you're in luck! This city boasts a variety of properties that cater to different lifestyles and preferences. Whether you're looking for a cozy apartment attached to a larger home or a multi-unit property for investment purposes, Cathedral City has something for everyone.

Living in a home with an apartment subtype in Cathedral City offers the convenience of additional living space for guests, rental income opportunities, or a private retreat within your own home. With a range of architectural styles and property sizes to choose from, you're sure to find the perfect home that suits your needs and preferences.

Explore the diverse real estate options in Cathedral City and discover the perfect home with an apartment subtype that fits your lifestyle. From modern amenities to stunning views, Cathedral City has it all. Don't miss the opportunity to own a piece of this unique and charming city in Riverside County, California.

Newest Cathedral City Homes with Apartment Subtype

$1,800,000

PW26156345 MLS ⋅ Active Status

We are pleased to present Bankside Apartments, well-maintained and upgraded 12-unit apartment community located in Cathedral City, CA. The property offers an attractive unit mix consisting of spacious, single-story Studio, 1-bedroom, and 2-bedroom units. Eleven of the twelve units have been thoughtfully renovated with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless sinks, and dual-pane windows. The community features a sparkling swimming pool within a gated courtyard, central heating and air conditioning, an on-site laundry facility, open parking, and all-new electrical panels. Bankside Apartments presents a compelling value-add opportunity with approximately 45% upside in rental income. Through the continued implementation of market rents, a new owner has the potential to significantly increase cash flow and achieve an estimated 8.2% capitalization rate, making this an attractive investment in one of the Coachella Valley’s strongest rental markets.

37250 Bankside Drive, Cathedral City

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.