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 breathtaking mountain vistas, Cathedral City offers a unique blend of natural beauty and urban convenience. With over 300 days of sunshine each year, this city is a paradise for outdoor enthusiasts and sun-seekers alike. The warm climate allows for year-round activities, from hiking in the nearby San Jacinto Mountains to enjoying leisurely afternoons at picturesque parks.

Cathedral City is more than just a beautiful backdrop; it’s a thriving community with a rich cultural tapestry. Residents enjoy a variety of local events, art galleries, and dining options that reflect the diverse flavors of the region. The city is also home to several family-friendly attractions, including the popular Cathedral City Marketplace and the annual Cathedral City Hot Air Balloon Festival, which draws visitors from all over.

For those considering a move to this enchanting city, homes with apartment subtypes offer a fantastic opportunity. These residences provide the perfect balance of space and flexibility, ideal for families, young professionals, or retirees seeking a low-maintenance lifestyle. Many of these homes feature modern amenities, spacious layouts, and access to community facilities, ensuring a comfortable and enjoyable living experience.

Whether you’re looking to invest in a rental property or find a cozy place to call home, Cathedral City’s diverse real estate market has something for everyone. Discover the charm and warmth of this remarkable city—your new adventure awaits!

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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