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 and a warm, inviting climate, Cathedral City offers a unique blend of modern living and rich cultural heritage. With the San Jacinto Mountains as a breathtaking backdrop, this city is a haven for outdoor enthusiasts, art lovers, and families alike.

Cathedral City boasts a diverse array of homes, including charming apartments that cater to various lifestyles. Whether you're seeking a cozy one-bedroom unit or a spacious multi-bedroom apartment, you'll find options that perfectly suit your needs. Many of these residences feature contemporary designs, open floor plans, and amenities that enhance your living experience. Imagine sipping your morning coffee on a sunlit balcony or enjoying the convenience of resort-style pools and fitness centers right at your doorstep.

The community is equally enticing, with a plethora of dining, shopping, and entertainment options. From local eateries serving delicious cuisine to art galleries showcasing the work of talented artists, Cathedral City encourages a vibrant lifestyle. Additionally, its proximity to Palm Springs means that residents can easily access even more attractions, including world-class golf courses, spas, and cultural events.

With its welcoming atmosphere, diverse housing options, and endless recreational activities, Cathedral City is not just a place to live—it's a place to thrive. Explore the possibilities of calling this delightful city home, where every day feels like a vacation in paradise!

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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