Cathedral City Homes with Apartment Subtype

Welcome to Cathedral City, California, a vibrant gem nestled in the heart of Riverside County. Known for its stunning desert landscapes, this city offers a unique blend of natural beauty and urban convenience. With the majestic San Jacinto Mountains as a backdrop, Cathedral City is a haven for outdoor enthusiasts, art lovers, and those seeking a vibrant community atmosphere.

The city's warm climate and sunny skies make it an ideal destination for year-round activities, from hiking and golfing to enjoying the local art scene. The bustling downtown area features a delightful mix of shops, restaurants, and cultural attractions, ensuring that residents can enjoy a lively lifestyle filled with entertainment and leisure options.

For those considering a home in Cathedral City, you’ll find a diverse range of properties, including charming homes with apartment subtypes. These residences offer flexibility and convenience, making them perfect for families, professionals, or investors looking for rental opportunities. With spacious layouts and modern amenities, homes with apartment subtypes provide the ideal setting for comfortable living while allowing for the possibility of additional income through short-term or long-term rentals.

Whether you're captivated by the stunning desert sunsets or the vibrant community spirit, Cathedral City is more than just a place to live; it’s a lifestyle. Explore the possibilities of calling this enchanting city home, where every day offers a new adventure and the promise of a brighter tomorrow. Come discover your perfect sanctuary in Cathedral 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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