Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a hidden gem nestled in the heart of Riverside County, California. This vibrant community is known for its stunning desert landscapes, picturesque mountain views, and a warm, inviting atmosphere that makes it a perfect place to call home. With a rich blend of culture and outdoor recreation, Cathedral City North offers residents a unique lifestyle that balances tranquility with convenience.

The real estate market here is diverse, with a variety of homes that cater to different lifestyles and preferences. Among the most sought-after properties are those with an apartment subtype, providing the ideal solution for families, young professionals, and retirees alike. These homes often feature spacious layouts that include multiple living areas, making them perfect for multi-generational living or rental opportunities. Imagine enjoying your morning coffee on a sunlit patio or hosting friends in an airy, open-concept living space.

Cathedral City North is not just about beautiful homes; it's also about the lifestyle. Residents enjoy easy access to a plethora of outdoor activities, including hiking, biking, and golfing, all set against the stunning backdrop of the San Jacinto Mountains. The area is also home to a variety of shops, restaurants, and entertainment venues, ensuring that there’s always something to do.

Whether you’re looking for a cozy retreat or a bustling family home, Cathedral City North has it all. Discover the charm and convenience of this remarkable community – your dream home awaits!

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.