33350 Cathedral Canyon DR Cathedral City, CA 92234
20 Beds
20 Baths
16,112 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 16,112 sqft
Price per Sqft $161
MLS Listing ID 219153707
Bedrooms 20
Full Baths 20
HOA Y/N No
Year Built 1989
Lot Size 0.680 Acres
Property Sub-Type Apartment
Property Description
The property provides an attractive combination of scale, location, and rental income potential, with convenient access to major employment centers, shopping, dining, entertainment, and the area's renowned resort and recreational destinations.
With 10 units under one roof, Canyon View Apartments offers investors the potential for stable rental income, operational efficiencies, and long-term appreciation. The property's location on Cathedral Canyon Drive provides excellent connectivity throughout Cathedral City, Palm Springs, Rancho Mirage, and the broader Coachella Valley.
A compelling multifamily opportunity for investors seeking an established 10-unit asset with potential for continued income growth and value creation.
Property Highlights
10-unit apartment community
Established multifamily income stream
Prime Coachella Valley location
Convenient access to Palm Springs and surrounding communities
Potential for rental and operational upside
Attractive opportunity for both experienced and first-time multifamily investors
Location
State CA
County Riverside
Area 336 - Cathedral City South
Interior
Heating Central
Cooling Air Conditioning
Fireplace false
Exterior
Garage Spaces 10.0
Pool Community, Safety Gate, In Ground
Utilities Available Water Connected, Sewer Connected, Phone Connected, Natural Gas Connected, Electricity Connected
View Y/N true
View Mountain(s)
Private Pool Yes
Building
Story 2
Entry Level Two
Sewer In, Connected and Paid
Level or Stories Two
Schools
High Schools Cathedral City
School District Palm Springs Unified
Others
Senior Community No
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard