Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a vibrant neighborhood nestled in the heart of Riverside County, California. Known for its stunning desert landscapes and warm climate, this area is a hidden gem that offers a unique blend of natural beauty and urban convenience. As part of Cathedral City, residents enjoy a close-knit community atmosphere with easy access to the amenities and attractions of the Coachella Valley.

Cathedral City North is particularly appealing for homebuyers seeking residences with an apartment subtype. These homes offer a versatile living arrangement, ideal for families, young professionals, or those looking for rental opportunities. The properties in this region typically feature spacious layouts, modern finishes, and a variety of amenities that cater to diverse lifestyles. With many homes boasting private outdoor spaces, residents can enjoy the picturesque desert sunsets and the stunning views of the San Jacinto Mountains right from their backyards.

The neighborhood is not only defined by its beautiful homes but also by its proximity to a wealth of recreational activities. Residents can explore nearby parks, hiking trails, and golf courses, while the bustling downtown area is filled with shops, restaurants, and cultural attractions. Whether you’re looking to soak up the sun by the pool or enjoy a night out at a local eatery, Cathedral City North has something for everyone.

In this charming community, you’ll find more than just a place to live; you’ll discover a lifestyle that embraces the warmth of California living. Come and explore the possibilities that await you in Cathedral City North!

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.