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Keller Williams
33350 Cathedral Canyon Drive, Cathedral City, CA 92234
- $2,600,000
- List Price
- $2,600,000
- Status
- ACTIVE
- Days on Market
- 5
- MLS#
- 219153707DA
- Subtype
- Residential Income
- Year Built
- 1989
- Lot Size
- 29,621
- Acres
- 0.68
- Subdivision
- Not Applicable-1
- Neighborhood
- Not Applicable-1
- MLS Area Major
- Cathedral City South (336)
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
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Additional Information
- Interior Features
- Storage
- Flooring
- Carpet
- Appliances
- Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater
- Heating
- Central
- Air Conditioning
- Yes
- Stories
- Two Levels
- Levels
- Two
- Pool
- Yes
- Pool Type
- Community, In Ground
- Parking Features
- Driveway, Garage, Garage Door Opener
- Garage Spaces
- 10
- View
- Mountain(s)
Mortgage Calculator
Listing courtesy of Listing Agent: Kate Rust (kate@meadecommercial.com) from Listing Office: Meade Commercial Inc..
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.