Investment opportunity. Expansive private lot of approximately 14,000sf with stunning mountain views and great outdoor space for storage, a future pool or to add on. This property is now vacant for easy access. Established high seasonal rental income history. It comprises of a single level home of 1114sf featuring 2BDR-1BA, an attached Studio with kitchenette, bathroom and private W/D, as well as a charming recently renovated detached 2BDR-2BA casita of approximately 825sf with large open concept kitchen-living, one bathroom with W/D and spacious bedroom. The main house features high cathedral ceilings with exposed ceiling beams, open concept remodeled kitchen with large centered island. The very large yard has a bocce ball court, a gazebo with BBQ. Conveniently located to nearby commercial plaza with market, restaurants and popular In-shape gym. Very versatile space for a buyer to take it to the next level. Strong rental history. Recent income averaged approximately $6400/Month. Fee simple (You own the land) and No HOA. The accuracy of all information, regardless of source, including but not limited to, square footages and lot size, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
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, 1 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.
BRAND NEW CONSTRUCTION DUPLEX! I can't overstate brand new duplex...there has not been a new construction duplex in the area for approximately 15 years or more. Enjoy what new construction brings with higher energy efficiency with many new tougher guidelines and standards including increased insulation, window efficiency, owned solar, fire sprinkler system, energy efficient AC/heating. Spacious and nicely designed 3 bedroom 2 bath. Beautiful open floor plan with beautiful modern kitchen with energy efficient Stainless steel appliances and quartz countertops. Nicely walled/gated and secure yard, drought tolerant landscape, double car garages. The Coachella Valley is experiencing massive growth including Cotino, Storyliving By Disney, 618 acre development only 12 minutes away. The new Acrisure Arena which seats 10,000. ''Lithium Valley'' near Salton Sea a potential global leader in lithium production. Coachella Music Festival, BNP Paribas Tennis, PGA Golf and general tourism hotspot. A growing and diverse economy. Close to I-10 freeway.
Two on a lot. Rare and unique opportunity to live in one and rent the other. Each property has its own access. The main house with 1,252 sq.ft. was built in 1971. It consists of 3 Bedrooms, 2 bathrooms and an attached two car garage. On the opposite side of the large backyard stands 1,082 Sq. ft. living space; built in 2012. It has high ceilings, very airy and light with its own one car garage and consists of 2 bedrooms (second bedroom is an office conversion) and 2 bathrooms. The master bedroom has a separate entrance for extra privacy or roommates. In addition, it has RV access. The back house is currently rented for $2000, however the market value for the back house is at least $2,300. The main house is month to month and it is rented for super low $2100 a month. However, since there is no rent control for a single family residence it can be raised to current market rent of $2850 or the new owner may choose to move in after giving the tenant appropriate notice. New solar was installed a year ago and is fully paid for. Both units have been very well maintained. Make it yours today and subsidize your retirement when the mortgage is paid off. Drive by only. Do not go on the property.
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; two of the the three units are currently leased. 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 remaining two suites are currently leased, with one being a downstairs retail unit that spans 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. The other leased space includes an upstairs residential unit with 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!
Seize the opportunity to invest in a premier duplex offering 6 bedrooms and 4 bathrooms across an impressive 3,330 square feet of meticulously designed living space. Each unit of this duplex is a testament to modern living with its expansive open floor plans that feature large, contemporary kitchens opening directly into generous living spaces, dedicated dining areas, 3 comfortable bedrooms, 2 stylish bathrooms, a convenient attached 2-car garage, and private patios for serene outdoor enjoyment. Unit A boasts significant enhancements including a remodeled kitchen, high-quality flooring upgrades, and more. Unit B has seen thoughtful updates as well, with new carpeting, fresh paint, and modern hardware additions. The property has undergone a significant upgrade with the complete overhaul of attic air ducting last year, ensuring optimized heating and cooling efficiency throughout. Further enhancing the independence and comfort of each unit are individual water heaters, air conditioning systems, heating, and separate utility meters. The exterior features robust hard coat stucco, durable tile roofing, a privacy-enhancing block-wall perimeter, and low-maintenance landscaping. This duplex enjoys a solid rental history and has been in high demand, located just a few blocks from Palm Springs and only 6 miles from the heart of downtown with its array of shops, eateries, tennis courts, and top-tier golf courses. Don't miss the chance to discover the potential of this exquisite property.
Cathedral City is located in California. Cathedral City, California has a population of 53,733. Cathedral City is less family-centric than the surrounding county with 35.05% of the households containing married families with children. The county average for households married with children is 36.51%.
The median household income in Cathedral City, California is $43,384. The median household income for the surrounding county is $60,807 compared to the national median of $57,652. The median age of people living in Cathedral City is 37.3 years.
The average high temperature in July is 107.3 degrees, with an average low temperature in January of 46 degrees. The average rainfall is approximately 8.5 inches per year, with 0 inches of snow per year.
