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Drake Cruz

drake@drake4homes.com +1(562) 884-9016

$ 2,600,000

Est. payment | -/mo

0.68 Acres Lot

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$ 2,600,000

Est. payment | -/mo

Save

0.68 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219153707DA

HOA Y/N No

Year Built 1989

Lot Size 0.680 Acres

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

Location

State CA

County Riverside

Area 336 - Cathedral City South

Interior

Interior Features Storage

Heating Central

Flooring Carpet

Fireplace No

Appliance Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater

Exterior

Parking Features Driveway, Garage, Garage Door Opener

Garage Spaces 10.0

Garage Description 10.0

Pool Community, In Ground

Community Features Pool

View Y/N Yes

View Mountain(s)

Total Parking Spaces 20

Private Pool Yes

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

HOA Name JC Desert Rentals

Senior Community No

Tax ID 680382062

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Kate Rust Meade Commercial Inc. #01267678

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 884-9016

drake@drake4homes.com

6621 E Pacific Coast Hwy #150, Long Beach, CA 90803, USA

33350 Cathedral Canyon DR Cathedral City, CA 92234

Drake Cruz

Key Details

Location

Interior

Exterior

Building

Others

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33350 Cathedral Canyon DR