Cathedral City Homes with Apartment Subtype

Welcome to Cathedral City, California—an enchanting oasis nestled in the heart of Riverside County, where the sun shines brightly and the desert landscape captivates the soul. Known for its stunning mountain vistas and vibrant community, Cathedral City offers a unique blend of small-town charm and metropolitan conveniences, making it an ideal destination for families, retirees, and everyone in between.

As you explore this picturesque city, you'll discover a variety of homes that cater to diverse lifestyles and preferences. Among these are the delightful apartment subtypes, perfect for those seeking a low-maintenance living experience without compromising on comfort or style. These homes often feature modern amenities, spacious layouts, and inviting communal spaces, allowing residents to enjoy both privacy and community engagement.

Living in Cathedral City means embracing a lifestyle rich in arts and culture, with an array of galleries, theaters, and annual festivals that celebrate the vibrant local scene. Outdoor enthusiasts will find themselves in paradise, with nearby hiking trails, golf courses, and the stunning Coachella Valley providing endless opportunities for adventure.

Moreover, Cathedral City’s prime location places you just a short drive away from the bustling attractions of Palm Springs, while still offering the tranquility of a close-knit community. Whether you're looking to invest in your first home, downsize, or find a rental that suits your needs, Cathedral City’s apartment options are sure to impress.

Come and experience the charm of Cathedral City, where your dream home awaits amidst the breathtaking beauty of Southern 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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