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Sold
$849,000
Sold On 2021-07-15
Image Number 1 for 37111 Cathedral Canyon Drive in Cathedral City

Overview

MLS # 219058651DA
Listed on 2021-03-10
Status Sold
Price $849,000
Type Residential Income
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
Pool Description In Ground, Private
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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