Cathedral City Homes with Apartment Subtype

Welcome to Cathedral City, California—a vibrant oasis nestled in the heart of Riverside County, where stunning desert landscapes meet a rich tapestry of culture and community. Known for its sunny weather and breathtaking views of the San Jacinto Mountains, Cathedral City offers an inviting lifestyle that attracts both residents and visitors alike.

As you explore this charming city, you’ll find a delightful mix of amenities, including an array of shopping, dining, and entertainment options. The bustling downtown area is home to art galleries, theaters, and unique local shops, making it a hub of creativity and culture. Outdoor enthusiasts will appreciate the nearby hiking trails, parks, and golf courses, perfect for soaking in the beautiful California sunshine.

When it comes to housing, Cathedral City boasts a variety of options, including homes with apartment subtypes that cater to diverse lifestyles. Whether you're a first-time homebuyer, a growing family, or looking to invest, you'll find properties that offer both comfort and convenience. These homes often feature spacious layouts, modern amenities, and outdoor spaces that invite relaxation and enjoyment.

The community spirit in Cathedral City is palpable, with numerous events and festivals held throughout the year, fostering connections among residents. With its affordable housing market and warm, welcoming atmosphere, Cathedral City is not just a place to live; it’s a place to call home. Discover your dream residence in this enchanting city and experience the best of California living!

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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