37111 Cathedral Canyon Dr, CATHEDRAL CITY, 92234

Residential Income - Apartment Building For Sale

$849,000

6Beds
6Baths
3,600Sqft
.33Acres
1964Built
35DOM
MLS® #: 219058651DA
Active, 35 Days on Market

This is a beautiful Spanish colonial style apartment complex with 6 units. 5 of the units are 1 bedroom 1 bath, and 1 unit is a studio. The property is filled with tropical plants creating a little desert oasis. This is a desirable, one of a kind investment property with increasing value due to the new casino being put in this last year. ALL UNITS ARE FURNISHED AND OWNER PAYS UTILITIES INCLUDING INTERNET. INCOME WOULD BE MUCH HIGHER IF TENANTS PAID THEIR OWN UTILITIES. ALL SEPARATE METERS EXCEPT WATER. PRICES CHANGE FOR SEASONAL RENTS AND VARIES BY A FEW HUNDRED DOLLARS IF NEW OWNER WANTED TO DO SEASONAL. BEAUTIFUL COURTYARD WITH POOL LOTS OF OFF STREET PARKING. WALKING DISTANCE FROM THE NEW CASINO AND ENTERTAINMENT DISTRICT IN CATHEDRAL CITY. LAUNDRY ROOM WASHER DRYER COIN OPERATED OWNED BY SELLER. OWNER IS A LICENSED CALIFORNIA REAL ESTATE AGENT.

Essential Information

MLS® #: 219058651DA
Price: $849,000
Bedrooms: 6
Bathrooms: 6.00
Square Footage: 3,600
Acres: 0.33
Year Built: 1964
Type: Residential Income
Sub-Type: Apartment Building
Status: Active

Community Information

Address: 37111 Cathedral Canyon Dr
Area: Cathedral City South
City: CATHEDRAL CITY
County: Riverside
State: CA
Zip Code: 92234

Amenities

Parking Spaces: 6
Garages: Side By Side
View: City Lights, Hills, Mountains, Trees/Woods, Canyon, Desert
Has Pool: Yes
Pool: In Ground, Private

Interior

Interior: Other
Heating: Other, Fireplace
Cooling: Air Conditioning, Ceiling Fan
# of Stories: 1

Exterior

Lot Description: Fenced, Lawn, Sidewalks, Street Paved, Street Public

School Information

High: Cathedral City

Additional Information

Date Listed: March 10th, 2021
Days on Market: 35

Listing Details

Listing Agent: Natalie Drukas (02125391)
Listing Office: Fathom Realty Group Inc.
Contact Ron Parks: Phone: 760-883-8613

Financials

$/SqFt: $236
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