33350 Cathedral Canyon Dr , Cathedral City, CA 92234
$2,400,000
Est. Payment: $12,453.08/mo
0.68 Acres
Status: active | Days on site: 25
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oD6034 - D24129
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House Description

Opportunity awaits at Canyon View Apartments, a 10-unit multifamily property positioned in the heart of the Coachella Valley. This well-located apartment community offers investors the opportunity to acquire a 10-unit income-producing asset in a desirable Southern California market.The property provides an attractive combination of scale, location, and rental income potential, with convenient access to major employment centers, shopping, dining, entertainment, and the area's renowned resort and recreational destinations.With 10 units under one roof, Canyon View Apartments offers investors the potential for stable rental income, operational efficiencies, and long-term appreciation. The property's location on Cathedral Canyon Drive provides excellent connectivity throughout Cathedral City, Palm Springs, Rancho Mirage, and the broader Coachella Valley.A compelling multifamily opportunity for investors seeking an established 10-unit asset with potential for continued income growth and value creation.Property Highlights10-unit apartment communityEstablished multifamily income streamPrime Coachella Valley locationConvenient access to Palm Springs and surrounding communitiesPotential for rental and operational upsideAttractive opportunity for both experienced and first-time multifamily investors

Highlights

Listed by Kate Rust , (760) 409-1532 Meade Commercial Inc. , (760) 837-1880. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.68

Year Built

1989

County

Riverside

Area

336 - Cathedral City South

Neighborhood

Not Applicable-1

Listing ID

219153707DA

Questions about this listing?

Contact Agent

Interior Features

Appliances:Dishwasher, Disposal, Gas Range, Refrigerator, Water Heater
Floor:Carpet
Other:
  • ▪ Additional:Storage

Exterior Features

Lot:No Land Lease
Garage Capacity:20
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Driveway,Garage,Garage Door Opener
Principal Interest
$12,453
Taxes
$1,530

Home Price

$2,400,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$480,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,453.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,453.08 $1,530.00 $0.00 $13,983.08
Yearly $149,437.00 $18,360.00 $0.00 $167,797.00
Total $4,483,110.04 $550,800.00 $0.00 $5,033,910.04

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Cathedral City, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-08T01:30:46.000Z

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