Turn-Key Investment Opportunity with Reliable Tenant in Place! This is your chance to expand your investment portfolio effortlessly with a well-maintained attached single-family home in the sought-after gated community of Campus Park. Featuring 3 bedrooms, 3 bathrooms, a generously sized den, large closets with lots of storage space along with a 2 car garage with direct access, this property offers a spacious and flexible layout that tenants love. The low-maintenance yard adds to the appeal and community amenities including a basketball court, swimming pool, and clubhouse make living here even more desirable. The current tenant, on a month-to-month lease, has expressed interest in staying, providing you with immediate and stable rental income without the hassle of completing a turnover and finding a new occupant. Seller will cooperate with a 1031 exchange and showings are available by appointment. Photos shown are both current and prior to tenant occupancy. Don’t miss the chance to see this exceptional investment opportunity in person. Contact us today to review the numbers and secure this hassle-free addition to your real estate portfolio!
Introducing this Cathedral City Duplex. Nestled in a prime location, this spacious 6 Bedroom, 5 Bathroom Building offers the perfect blend of comfort and convenience. With three bedrooms and two and a half bathrooms each, this property provides ample space for occupants. Complete with well-equipped kitchen features, modern appliances, including a dishwasher, garbage disposal, and stove/oven. Parking is no issue with the included garage, ensuring your vehicle security.
Centrally located duplex in North Cathedral City for sale. Duplex has two units with 3 Bedrooms and 2.5 Bathrooms each.
This exceptional investment opportunity features a duplex with 6 bedrooms and 4 full bathrooms, offering both income potential and a comfortable living arrangement. Live in one unit while renting the other, or enjoy rental income from both—each unit offers 3 spacious bedrooms, 2 bathrooms, and an attached 2-car garage. Both units include a laundry room, independent water heaters, air conditioning, heating systems, and utility meters. With expansive open floor plans, each unit features a large kitchen that flows into a generous living area and a private patio for outdoor relaxation. Outside, enjoy the maintenance-free backyard and enclosed patio for entertaining. Both units are very well-maintained and currently occupied by long-term tenants, providing immediate rental income. Convenient parking includes attached garages and 4 additional driveway spaces. Situated close to major roads, schools, parks, shopping, and downtown Palm Springs, this prime location offers long-term growth potential. With low expenses, easy maintenance, and high demand from tenants, this property is priced to sell quickly, offering tremendous upside for both investors and owner-occupants.
**9.65% CAP ON PROFORMA** This is a fantastic opportunity to purchase a value-add duplex with 62% upside in rents, consisting of 3Bedroom/2Bathroom units (1,131 sf each). The property was built in 1986 and is situated on a 8,276sf lot located just off Interstate 10 and close to downtown Palm Springs and everything the Coachella Valley has to offer.
**9.65% CAP ON PROFORMA** This is a fantastic opportunity to purchase a value-add duplex with 62% upside in rents, consisting of 3Bedroom/2Bathroom units (1,131 sf each). The property was built in 1986 and is situated on a 8,276sf lot located just off Interstate 10 and close to downtown Palm Springs and everything the Coachella Valley has to offer.
This exceptional triplex in Cathedral City offers a unique investment opportunity with three spacious units, each featuring its own private two-car garage. The property is perfectly positioned to attract tenants or make an excellent home for an owner-occupant looking for rental income. Each unit is designed for comfortable living, with a thoughtfully laid-out floor plan that maximizes space and light. The garages provide convenient, direct access, making parking and storage a breeze. With modern amenities and well-maintained interiors, these units are move-in ready. Located in a desirable area of Cathedral City, this triplex is close to shopping, dining, and entertainment, making it a prime location for tenants. The potential for steady rental income or multi-generational living adds to the appeal of this versatile property. Don't miss the chance to own this well-maintained triplex in a thriving community. Contact us today with any questions!
This is the nicest apartment offering in Southern California. It consists of ten 3 bedroom 2 bath condo townhomes and each unit is its own separate property and has its own address/APN. So in the future, each unit can be sold separately as a condo!! IF YOU LOOK UP THIS PROPERTY PROFILE, IT WILL SHOW TEN APARTMENT UNITS, AND TEN ASSESSORS PARCEL NUMBERS!!! Each 3 bedroom 2 bath unit is 1,230 square fee and is immaculate inside. Each unit has it's own WATER METER, electric meter, and gas meter. TENANTS ALSO PAY FOR THEIR OWN TRASH! So tenant's pay for almost all of the operating expenses except for sewer at $129 monthly. See APOD in MARKETING PACKAGE in SUPPLEMENTS for expenses. Rents are a little behind the market, but are month to month and can be brought up to market using the Just Cause procedure within California Rent Control. For actual and market rents, please see RENT ROLL and RENT COMPS within the MARKETING PACKAGE in SUPPLEMENTS. At market rents, this apartment really performs! How about $324,000 annual gross income, a 10.65 GRM, a 7.99% Cap Rate, and a 12.72% Cash on Cash Return!!! SEE SUPPLEMENTS for detail. This is truly a great buy. Apartments in this area, and of this quality are very rare. The last comparable 10 unit sale was a couple years ago at 120 W Vereda Sur in Palm Springs. It sold for $3,800,000!!! See detail in SUPPLEMENTS. Please drive by (only) and take a close look at the pictures! This is truly a luxurious resort apartment that preforms very well. WE WILL LOOK AT ALL OFFERS AND LETTERS OF INTENT. PLEASE DON'T HESITATE TO SEND OUT EITHER AND WE WILL RESPOND!! YOU CAN SIMPLY EMAIL A LETTER OF INTENT IF YOU'D LIKE AND THAT ONLY TAKES MINUTES! THANK YOU.
Courtesy: Burton Commercial, Inc.
Fantastic Remodeled/Updated Duplex is waiting for you. Great investment Opportunity. Each unit features 3 beds, 2 baths vaulted ceiling , tile throughout and a 1 car garage with washer & dryer hookup. Both have their own private gated yard with patio. New cabinets, new counter tops and new appliances. All bathrooms have been completely redone as well. New AC and new sliding glass doors.Roof is 3 years old and all freshly painted... everything is done for you!! Amazing income potential. Centrally located in Cathedral City, close to Sports Park, grocery store, restaurants and more. Don't miss this chance to own a great income property that is move in ready. Call today for an appointment. The grass in the outdoor photos is virtual only.
5 unit apartment building 1,000 Sq. Ft. each. with long term tenants. Front townhouse style units have laminate wood floors in living room with electric fireplaces. All units have ceramic tile in kitchens, bathrooms and hallways. Bedrooms have carpeting/laminate. Property consists of 2 buildings, front units are townhouse style with private back patios and double car garages with direct access. Three units in rear (1 upstairs unit) have single car garages. Two units have direct access to garage. The back driveway servicing the 3 units is shared with 2 other properties. Common area is neat and well-kept. All units have washer/dryer hookups. All units have dishwasher/garbage disposal/range/stove. All units are currently rented. Drive by only - do not disturb tenants. Property is located near major shopping centers, schools and bus stop.
This is a great opportunity for a first-time home buyer or investor. Income-producing duplex in desirable neighborhood. Unit A is a 2 bed/1 bath and unit B is a 3 bed/2 bath. Rent upside potential.Ideal for investors seeking a high performing asset with a solid cap rate. Utilities outside of water and trash are paid by tenants. Located in a peaceful neighborhood, with easy access to nearby amenities, shops, restaurants. Both Units have very good tenants, Property is close to schools, And shopping centers.
This income-generating triplex features an exceptional location near Rancho Mirage, with easy access to a vibrant array of restaurants, the Agua caliente casino, and much more. Each unit offers comfortable living spaces, making it an attractive option for tenants. With its prime location and strong rental potential, this property is a fantastic addition to your investment portfolio.
Exceptional opportunity to acquire a 7 unit well maintained, multi-unit, rental property in a lovely residential neighborhood of single-family homes. Consisting of six 1 bedroom, 1 bath units and one 2 bedroom, 2 bath unit, all units have separate gas and electric meters enabling tenant paid utilities. There is also a common laundry room for the use of the tenants, which also generates additional income for the owner. This unique property, just off of Vista Chino is located close to all of the neighborhood amenities including shopping, entertainment and easy access to the freeway. A property of this type is a rarity in today's real estate market.
Now offering a rare Live Work opportunity in Cathedral City! This is a fully improved live work space that features a 3 Bed / 2 Bath apartment and around 8,000 SF of first floor retail space. The first downstairs retail suite spans approximately 2,000 SF, and is presently vacant - this space would be perfect for an artist studio, retail space, or a flex industrial use. The second downstairs retail suite is approximately 6,000 SF and is a fully improved animal suite with kennels and a dog salon including washing/grooming areas There are also two exterior areas for dog recreation activities. Upstairs you'll find an expansive living area with high-end finishes throughout, a beautiful kitchen space perfect for entertaining, and an outdoor patio with stunning views. Reach out for more information on this unique building, as Live Work properties don't come on market too often!
Cathedral City is located in California. Cathedral City, California has a population of 51,836. Cathedral City is less family-centric than the surrounding county with 26.23% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Cathedral City, California is $56,671. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Cathedral City is 40.3 years.
The average high temperature in July is 107.6 degrees, with an average low temperature in January of 45.4 degrees. The average rainfall is approximately 4.8 inches per year, with 0 inches of snow per year.
