Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a hidden gem nestled in the heart of Riverside County, California. This vibrant community is known for its stunning desert landscapes, warm climate, and a rich tapestry of culture and recreation that enchants both residents and visitors alike. With the majestic San Jacinto Mountains as a backdrop, Cathedral City North offers a unique blend of natural beauty and modern amenities, making it an ideal place to call home.

One of the standout features of this region is its diverse housing options, particularly homes with apartment subtypes. These properties cater to a variety of lifestyles, whether you're a first-time homebuyer, an investor seeking rental opportunities, or a family looking for a multi-generational living arrangement. The homes in Cathedral City North are designed with comfort and convenience in mind, often featuring spacious layouts, modern finishes, and outdoor spaces perfect for enjoying the sunny California weather.

Living in Cathedral City North means embracing a lifestyle rich in outdoor activities and community spirit. Residents can indulge in hiking, biking, and golfing, with numerous parks and recreational facilities just a stone’s throw away. The area is also home to a vibrant arts scene, with galleries, theaters, and cultural events that celebrate the local heritage.

Whether you're drawn to the stunning views, the welcoming community, or the appealing housing options, Cathedral City North is a place where you can truly thrive. Discover the charm of this exceptional region and explore the possibilities that await you in your new 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.