Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a vibrant and inviting neighborhood nestled in the heart of Riverside County, California. Known for its stunning desert landscapes and breathtaking mountain views, this area offers a unique blend of natural beauty and urban convenience, making it a sought-after destination for homebuyers looking for a slice of paradise.

Cathedral City North is characterized by its charming residential communities, where you'll find a variety of homes that cater to diverse lifestyles. One of the standout features of this region is the availability of homes with apartment subtypes. These properties are perfect for those looking to maximize their living space or generate rental income. Imagine having the flexibility to host family and friends in your spacious home while also enjoying the benefits of a separate apartment that provides privacy and comfort for guests or tenants.

The neighborhood is not just about beautiful homes; it also boasts a rich array of amenities. Residents can enjoy nearby parks, shopping centers, and dining options that cater to every palate. With the stunning backdrop of the San Jacinto Mountains, outdoor enthusiasts will find endless opportunities for hiking, biking, and exploring the great outdoors.

Cathedral City North is also conveniently located, providing easy access to major highways and neighboring cities, making it an ideal location for commuters. Whether you’re looking for a family home or a property with rental potential, Cathedral City North offers a unique opportunity to embrace the California lifestyle in a welcoming community. Discover your dream home today in this enchanting region!

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.