Cathedral City, CA 92234,37111 Cathedral Canyon DR
Cathedral City, CA 92234,37111 Cathedral Canyon DR
Cathedral City, CA 92234,37111 Cathedral Canyon DR
$849,000
Est. payment /mo
Est.Price: ?

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0.33 Acres Lot
SOLD DATE : 07/15/2021

Key Details

Sold Price $849,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Cathedral City Cove

MLS Listing ID 219058651DA

Year Built 1964

Lot Size 0.325 Acres

Property 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.

Location

State CA

County Riverside

Area 336 - Cathedral City South

Interior

Heating Fireplace(s)

Fireplaces Type Living Room

Exterior

Parking Features Side By Side

Pool In Ground

Community Features Park

View Y/N Yes

View City Lights, Desert, Hills, Mountain(s), Trees/Woods

Building

Lot Description Corner Lot, Lawn, Near Park, Paved

Story 1

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Natalie Drukas • Fathom Realty Group Inc.
Bought with Barry Saywitz • Barry Saywitz

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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