33350 Cathedral Canyon Drive, Cathedral City, CA 92234

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List Price
$2,600,000
Status
COMING SOON
MLS#
219153707DA
Year Built
1989
Lot Size
29,621
Acres
0.68
Days on Market
0
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Not Applicable-1

Property Description

Opportunity awaits at Canyon View Apartments, a 10-unit multifamily property positioned in the heart of the Coachella Valley. This well-located apartment community offers investors the opportunity to acquire a 10-unit income-producing asset in a desirable Southern California market.The property provides an attractive combination of scale, location, and rental income potential, with convenient access to major employment centers, shopping, dining, entertainment, and the area's renowned resort and recreational destinations.With 10 units under one roof, Canyon View Apartments offers investors the potential for stable rental income, operational efficiencies, and long-term appreciation. The property's location on Cathedral Canyon Drive provides excellent connectivity throughout Cathedral City, Palm Springs, Rancho Mirage, and the broader Coachella Valley.A compelling multifamily opportunity for investors seeking an established 10-unit asset with potential for continued income growth and value creation.Property Highlights10-unit apartment communityEstablished multifamily income streamPrime Coachella Valley locationConvenient access to Palm Springs and surrounding communitiesPotential for rental and operational upsideAttractive opportunity for both experienced and first-time multifamily investors

Additional Information

Appliances
Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater
Pool
Yes
Pool Description
Community, In Ground
Heat
Central
Cooling
Yes
View
Mountain(s)
Garage Spaces Total
10
Interior Features
Storage
Attached Structure
Attached
Number Of Units Total
10

Listing courtesy of Listing Agent: Kate Rust (kate@meadecommercial.com) from Listing Office: Meade Commercial Inc..

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Calculator source: Real Geeks

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.