Cathedral City Homes with Apartment Subtype

Welcome to Cathedral City, California – a vibrant oasis nestled in the heart of Riverside County. Known for its stunning desert landscapes and breathtaking mountain views, Cathedral City is a charming community that perfectly blends the allure of Southern California living with a welcoming, small-town atmosphere. With its rich cultural heritage, diverse population, and a plethora of recreational activities, Cathedral City has something for everyone.

The city boasts a variety of homes, including those with apartment subtypes, making it an ideal choice for both investors and residents seeking flexibility. Whether you’re searching for a cozy studio or a spacious multi-bedroom unit, Cathedral City’s apartment offerings cater to a range of lifestyles and budgets. These homes often feature modern amenities, open layouts, and access to community facilities, providing a comfortable living experience in a picturesque setting.

In addition to its appealing real estate options, Cathedral City is home to a vibrant arts scene, numerous parks, and year-round outdoor activities. Residents can enjoy hiking in the nearby San Jacinto Mountains, golfing at world-class courses, or simply relaxing by the poolside in one of the many apartment complexes. The city also hosts various cultural events and festivals, fostering a strong sense of community and connection among its residents.

With its unique blend of natural beauty, cultural richness, and diverse housing options, Cathedral City invites you to discover your next home in this enchanting desert paradise. Whether you’re looking for a place to call home or an investment opportunity, Cathedral City has the perfect property waiting for you!

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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