Premium Investment Triplex with Exceptional Commercial PotentialWelcome to an outstanding investment opportunity that transcends traditional real estate offerings. This strategically positioned corner-lot triplex located in Coachella represents a unique convergence of residential income potential, commercial visibility, and lifestyle enhancement value. Spanning 7,841 square feet of prime corner property with 2,500 square feet of developed space, this three-unit residential investment vehicle offers multiple pathways to profitability and capital appreciation.The property stands out in the current market due to its exceptional location across from Sun Community US Bank, its mature and aesthetically valuable landscaping featuring diverse fruit trees, and its inherent flexibility for various use scenarios. Whether you are an experienced real estate investor, a savvy entrepreneur, or a development-minded professional, this property presents compelling opportunities for wealth creation and business diversification.Strategic Corner LocationThe property's position at 84966 Calle Verde places it in one of Coachella's most visually prominent and commercially accessible locations. As a corner lot property, this asset enjoys exceptional visibility from multiple directions, creating natural marketing exposure and easy tenant accessibility. The direct proximity to Sun Community US Bank--a major financial institution--establishes the property within a growing commercial corridor that continues to attract business activity and consumer foot traffic.This location advantage cannot be overstated. Corner properties command premium valuations in the market, and for investment purposes, the high visibility ensures consistent consumer and tenant awareness. Potential renters, customers, and business partners can easily locate and access the property, reducing marketing costs and increasing occupancy potential.Coachella Valley Market DynamicsCoachella has emerged as a dynamic growth market within Riverside County, offering investors attractive opportunities as the region continues to develop. The valley's strategic position between major population centers, combined with ongoing infrastructure improvements and commercial development, creates a favorable environment for real estate investments.The market fundamentals support strong long-term appreciation potential.
INVESTMENT OPPORTUNITY IN COACHELLA! Whether you're an investor looking to add an income-producing property to your portfolio or a first-time buyer looking for a property that can help offset your monthly mortgage, this one offers plenty of possibilities! The property is currently configured with THREE separate living areas. The main unit features 2 bedrooms and 1 bathroom with updated flooring throughout most of the home, along with fresh interior and exterior paint. Attached to the main structure is an additional living area currently configured as a spacious 1-bedroom, 1-bath apartment featuring an oversized bedroom. The separate 2-bedroom, 1-bath unit was updated approximately three years ago and is currently tenant occupied at $1,800 per month, providing immediate rental income from day one. Additional improvements include roof work completed within approximately the past five years on the first unit. With an existing tenant already producing income and additional living areas offering further rental potential, this property presents an excellent opportunity to live in one unit while collecting rent, accommodate extended family, or maximize the property's income-producing potential. Don't miss this unique Coachella investment opportunity! Property is reflected as a DUPLEX in public/title records and is currently configured with three separate living areas. Buyer and buyer's agent to independently verify permits, square footage, unit configuration, zoning, rental potential, and all information with the City of Coachella and appropriate governmental agencies.
INVESTMENT OPPORTUNITY IN COACHELLA! Whether you're an investor looking to add an income-producing property to your portfolio or a first-time buyer looking for a property that can help offset your monthly mortgage, this one offers plenty of possibilities!The property is currently configured with THREE separate living areas. The main unit features 2 bedrooms and 1 bathroom with updated flooring throughout most of the home, along with fresh interior and exterior paint. Attached to the main structure is an additional living area currently configured as a spacious 1-bedroom, 1-bath apartment featuring an oversized bedroom.The separate 2-bedroom, 1-bath unit was updated approximately three years ago and is currently tenant occupied at $1,800 per month, providing immediate rental income from day one.Additional improvements include roof work completed within approximately the past five years on the first unit. With an existing tenant already producing income and additional living areas offering further rental potential, this property presents an excellent opportunity to live in one unit while collecting rent, accommodate extended family, or maximize the property's income-producing potential.Don't miss this unique Coachella investment opportunity!Property is reflected as a DUPLEX in public/title records and is currently configured with three separate living areas. Buyer and buyer's agent to independently verify permits, square footage, unit configuration, zoning, rental potential, and all information with the City of Coachella and appropriate governmental agencies.
Rare opportunity to own a fully occupied duplex with long-term tenants already in place. This income-producing property is an ideal opportunity for investors looking to expand their portfolio in the growing City of Coachella. Conveniently located near schools, shopping, dining, parks, and major commuter routes, the property offers easy access to the many amenities and attractions throughout the Coachella Valley. Excellent investment opportunity with stable occupancy. In order to minimize disruption to the long-term tenants, inside viewing is subject to an accepted contract. Disclosures are available in the MLS through your agent or upon request. If you wish to see the property prior to writing an offer, please attend an open house. Seller reserves the right to complete a 1031 exchange.
CBRE is pleased to present a high-potential, value-add multifamily investment opportunity at 53228 Cesar Chavez Street in Coachella, California. This 9-unit asset, originally constructed in 1963, offers an attractive and diverse unit mix of 4 one-bedroom/one-bath units, 1 one-bedroom/one-and-ahalf-bath unit, and 4 two-bedroom/one-bath units, positioning the property to capture demand across multiple renter segments. The asset presents a compelling opportunity for investors to drive revenue growth through strategic management, and mark-to-market rent increases in a submarket characterized by limited new multifamily supply. Located within the rapidly expanding Coachella Valley, the property benefits from strong population growth, increasing rental demand, and proximity to major employment drivers in agriculture, logistics, and the greater Palm Springs tourism economy.
Coachella is located in California. Coachella, California has a population of 42,123. Coachella is less family-centric than the surrounding county with 25.72% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Coachella, California is $40,688. 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 Coachella is 37 years.
The average high temperature in July is 107.6 degrees, with an average low temperature in January of 40.9 degrees. The average rainfall is approximately 3.3 inches per year, with 0 inches of snow per year.
