For Sale
$849,000
Active

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    Overview

    MLS # 219058651DA
    Listed on 03/10/2021
    Status Active
    Price $849,000
    Type Multiplex
    Subtype Apartment Building
    Size of home 3,600 Sq ft
    Beds / Baths 6 / 6.00
    Size of lot 14,156 sq ft
    Neighborhood Cathedral City Cove
    Location address 37111 Cathedral Canyon Drive
    Cathedral City 92234

    Description


    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.

    General Information

    Original List Price $849,000
    Price Per Sq/Ft $236
    Furnished No
    Land Type Fee
    Land Lease Expires N/A
    Community Features Community Mailbox
    Pool Yes
    Spa No
    Year Built 1964
    Levels Ground Level
    View Canyon, City Lights, Desert, Hills, Mountains, Pool, Trees/Woods
    Flooring Other
    Fireplace No
    Heating Type Fireplace, Other
    Cooling Type Air Conditioning, Ceiling Fan
    Parking Spaces 6
    Parking Type Side By Side

    Courtesy of: Natalie Drukas / Fathom Realty Group Inc.

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