Cathedral City North (335) Homes with Apartment Subtype

Welcome to Cathedral City North, a vibrant and inviting neighborhood nestled in the heart of Riverside County, California. Known for its stunning desert landscapes and proximity to the breathtaking San Jacinto Mountains, this area is an ideal destination for those seeking a perfect blend of natural beauty and urban convenience.

Cathedral City North boasts an array of homes that cater to diverse lifestyles, with a notable selection of properties featuring apartment subtypes. These homes offer residents the unique opportunity to enjoy spacious living while embracing the charm of community-oriented living. Whether you’re a first-time homebuyer, a growing family, or someone looking for a serene retreat, you’ll find a variety of options that are perfect for your needs.

The region is well-equipped with amenities, including parks, schools, and shopping centers, making it an excellent choice for families and young professionals alike. With its close-knit community atmosphere, Cathedral City North fosters a sense of belonging that is hard to find elsewhere. Residents can take advantage of the area's recreational activities, including hiking trails, golf courses, and cultural events that celebrate the rich history of the Coachella Valley.

Living in Cathedral City North means embracing a lifestyle that balances tranquility with accessibility. With the vibrant energy of downtown Cathedral City just a stone's throw away, you’ll have easy access to restaurants, entertainment, and local attractions, all while enjoying the peace and beauty of your own home. Discover the charm and convenience of Cathedral City North today—your dream home awaits!

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.