Cathedral City Homes with Apartment Subtype

Welcome to Cathedral City, California – a hidden gem nestled in the picturesque Coachella Valley, Riverside County. With its stunning mountain vistas, vibrant community, and a rich tapestry of cultural experiences, Cathedral City is an ideal destination for those seeking a blend of tranquility and excitement in their living space.

Cathedral City boasts a diverse array of homes, including charming apartments that cater to various lifestyles and preferences. Whether you're a first-time homebuyer, a retiree looking to downsize, or a busy professional seeking a convenient living arrangement, the apartment options here are plentiful. Many of these homes offer modern amenities, spacious layouts, and inviting outdoor spaces, perfect for soaking up the California sun.

The city is known for its warm climate, making it an outdoor enthusiast's paradise. Residents can enjoy hiking and biking trails, golf courses, and nearby access to the stunning landscapes of Joshua Tree National Park. Plus, with a thriving arts scene, numerous festivals, and a variety of dining options, there's always something to explore.

Living in Cathedral City means being part of a close-knit community that values connection and engagement. The city’s commitment to sustainability and growth ensures that it remains a vibrant place to call home. Whether you’re enjoying a leisurely afternoon at the local farmers market or taking in a sunset over the San Jacinto Mountains, Cathedral City offers a unique lifestyle that is both enriching and fulfilling.

Discover your perfect apartment in Cathedral City today, and embrace the beauty and charm of this remarkable California city!

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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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.