33350 Cathedral Canyon Drive, Cathedral City, CA 92234

$2,600,000
20
BD
20
BA
16,112
SqFt

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List Price
$2,600,000
Status
ACTIVE
MLS#
219153707
Year Built
1989
Bedrooms
20
Bathrooms
20
Living Sq. Ft
16,112
Lot Size
29,621
Days on Market
20
Property Type
Multifamily
Stories
2
Neighborhood
Not Applicable

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 Highlights 10-unit apartment community Established multifamily income stream Prime Coachella Valley location Convenient access to Palm Springs and surrounding communities Potential for rental and operational upside Attractive opportunity for both experienced and first-time multifamily investors

Additional Information

Land Lease Type
Fee
Appliances
Dishwasher, Disposal, Refrigerator, Gas Range
Pool
Yes
Pool Description
Safety Gate, Community, In Ground
Heat
Central
Cooling
Air Conditioning
View
Mountain(s)
Parking
Driveway, Garage Door Opener
Garage Spaces Total
10
Sewer
In, Connected and Paid
Water
Water District
High School
Cathedral City

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Calculator source: Real Geeks

Listing courtesy of Meade Commercial Inc..