Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a vibrant and growing neighborhood nestled in the heart of Riverside County, California. This charming locale is known for its stunning desert landscapes, warm climate, and a welcoming community atmosphere. Just a stone's throw from the bustling downtown Cathedral City, residents enjoy a perfect blend of tranquility and accessibility, with a variety of shopping, dining, and entertainment options nearby.

Cathedral City North is particularly appealing for those seeking homes with an apartment subtype. These properties are ideal for families, investors, or anyone looking to maximize their living space. With spacious layouts and thoughtful designs, these homes often feature multiple bedrooms and bathrooms, making them perfect for multi-generational living or rental opportunities. Many residences also come equipped with modern amenities, private outdoor spaces, and picturesque views of the surrounding mountains.

The neighborhood boasts a rich array of recreational activities, including access to beautiful parks, golf courses, and hiking trails that showcase the region’s natural beauty. The vibrant arts scene and local festivals add to the community's charm, creating a lively atmosphere where neighbors become friends.

Whether you're looking for a cozy retreat or a bustling investment opportunity, Cathedral City North offers a unique blend of comfort, convenience, and community spirit. Explore the possibilities in this enchanting neighborhood and discover the perfect place to call home!

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.