Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a vibrant gem nestled in the heart of Riverside County, California. This charming community is known for its stunning desert landscapes, welcoming atmosphere, and an array of amenities that cater to residents of all lifestyles. Whether you're seeking a tranquil retreat or a bustling neighborhood, Cathedral City North has something for everyone.

One of the standout features of this region is its diverse housing options, particularly homes with an apartment subtype. These unique properties offer the perfect blend of comfort and convenience, making them ideal for families, professionals, or anyone looking for extra living space. Imagine having the flexibility of a multi-generational home or the opportunity to generate rental income—these homes provide endless possibilities.

Cathedral City North boasts a rich tapestry of outdoor activities and recreational opportunities. With its close proximity to the stunning San Jacinto Mountains, residents can indulge in hiking, biking, and exploring the natural beauty that surrounds them. Additionally, the area is home to a variety of parks, golf courses, and community centers, ensuring that there’s always something to do.

Culturally, Cathedral City is vibrant and diverse, offering a plethora of dining, shopping, and entertainment options. From local eateries serving delicious cuisine to charming boutiques and art galleries, the area fosters a strong sense of community and engagement.

In Cathedral City North, you’ll find not just a house, but a place to call home—where the desert sun meets a friendly neighborhood spirit. Come explore the possibilities that await you in this beautiful region!

Newest Cathedral City North (335) 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.