Cathedral City North (335) Homes with Apartment Subtype

**Discover Cathedral City North: Your Ideal Home Awaits!**

Nestled in the heart of Riverside County, Cathedral City North is a vibrant community that perfectly blends the charm of desert living with modern conveniences. Known for its stunning mountain views and sunny climate, this area is a haven for those seeking a serene yet active lifestyle. With its close proximity to the bustling city of Palm Springs, residents enjoy easy access to a wealth of dining, shopping, and entertainment options while relishing the tranquility of suburban life.

In Cathedral City North, you'll find a variety of homes that cater to diverse lifestyles and preferences. Among these, properties with apartment subtypes stand out, offering an ideal solution for multi-generational families or those looking for rental opportunities. These homes are designed with versatility in mind, providing separate living spaces that can be utilized as guest suites, in-law units, or income-generating rentals. Imagine the possibilities of having your own oasis while still being able to accommodate family, friends, or tenants.

The community is not only about beautiful homes; it also boasts an array of recreational activities. From hiking trails and golf courses to art galleries and local festivals, there’s always something happening in Cathedral City North. Whether you’re a first-time homebuyer, a retiree, or an investor, this area offers a unique blend of lifestyle and opportunity.

Come explore Cathedral City North, where your dream home and vibrant community await!

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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