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Residential Income - 33350 Cathedral Canyon Drive, Cathedral City, CA

$2,600,000

33350 Cathedral Canyon Drive, Cathedral City, CA

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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

Property details

Year built
1989
Property type
Residential Income
Lot size
29,621 sqft

Location

33350 Cathedral Canyon Drive • Cathedral City, CA 92234

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Listed by

Kate Rust · Meade Commercial Inc.

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Recent sales near 33350 Cathedral Canyon Drive

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