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33350 Cathedral Canyon Drive, Cathedral City, CA 92234

$2.4M20bd · 20ba · 16,112 sqft
Lot 29,621 sqft•Apartment•
Active
•29d on market•MLS# 219153707

Property Description

Opportunity awaits at Canyon View Apartments, a 10-unit multifamily property positioned in the heart of the Coachella Valley. This well-located apartment community offers investors the opportunity to acquire a 10-unit income-producing asset in a desirable Southern California market. 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

Features & Amenities

Not ApplicableFeeBuilt 1989

Property Details

Subdivision
Not Applicable
Land Type
Fee
Year Built
1989
Property Type
Residential Income
Property Subtype
Apartment
Parking Spaces
20
Garage Spaces
10
Heating
Central
Cooling
Air Conditioning
View
Mountain(s)
Flooring
Carpet
City
Cathedral City
Zip Code
92234
County
Riverside
Listed byMeade Commercial Inc., Kate Rust·760-409-1532

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$12,135.71
Principal & Interest
Loan Amount
$1,920,000
Total Interest
$2,448,854
Total Payment Over 30 Years
$4,368,854
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

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