Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a hidden gem nestled in the heart of Riverside County, California. This vibrant community is a perfect blend of natural beauty, modern conveniences, and a warm, inviting atmosphere. Known for its stunning mountain views and year-round sunshine, Cathedral City North is an ideal destination for those seeking a tranquil lifestyle without sacrificing accessibility to urban amenities.

The homes in Cathedral City North are as diverse as the residents who call this area home. Among the most sought-after options are the charming residences with apartment subtypes. These homes offer a unique opportunity for buyers looking for a blend of comfort and investment potential. Many of these properties feature spacious layouts, modern finishes, and easy access to community amenities, making them perfect for families, retirees, or young professionals.

Living in Cathedral City North means enjoying a wealth of recreational activities, from hiking and biking trails to local parks and golf courses. The nearby Agua Caliente Casino offers a lively entertainment scene, while the vibrant downtown area is filled with eclectic shops, delightful restaurants, and cultural attractions.

With a strong sense of community and a welcoming atmosphere, Cathedral City North is not just a place to live; it’s a place to thrive. Whether you’re in the market for a cozy apartment-style home or looking to invest in a rental property, this region promises a lifestyle that combines comfort, convenience, and a touch of California charm. Explore the possibilities in Cathedral City North and discover your dream home today!

Newest Cathedral City North (335) 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.