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    Cathedral City, CA
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    Cathedral City, CA Apartment Buildings for Sale

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    Commercial
    Updated: Dec 2, 2025
    Commercial

    27700 Avenida Terrazo, Cathedral City, CA 92234

    $1,200,000
    4,200 sqft 19.73 AC lot
    Prime location in the desirable Coachella Valley market, specifically Cathedral City.
    Convenient access to retail and lifestyle amenities, including Starbucks, Stater Bros. Market, Denny’s, and CVS, all within walking distance.
    Strong unit mix with six 1‑bedroom/1‑bathroom units and one 2‑bedroom/2‑bathroom unit.
    Close proximity to leisure spots like Escena Golf Club and Cimarron Golf Resort.
    Generous ±19,731 SF lot size with a ±4,200 SF building size.
    View details
    Renovated 12-Unit Apartment Building
    Updated: Jul 18
    Renovated 12-Unit Apartment Building

    Cathedral City, CA 92234

    $1,540,000
    12‑unit apartment community at 37250 Bankside Drive
    Unit mix includes studios, 1‑bedroom, and 2‑bedroom apartments
    11 of 12 units renovated with updated kitchens, bathrooms, and dual‑pane windows
    Gated courtyard swimming pool and open parking
    Central heating and air conditioning with on‑site laundry
    View details
    See hot listings in Cathedral City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 2 Active listings in Cathedral City, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Five-Unit Apartment Building
    Renovated Five-Unit Apartment Building

    521 Desert Way, Palm Springs, CA 92264

    $1,357,900
    3,900 sqft 0.23 AC lot

    R2-zoned property includes assigned parking, central air, a private pool, and a spa.

    View details
    Palm Springs Multifamily Investment Opportunity
    Palm Springs Multifamily Investment Opportunity

    3737 E Calle De Carlos, Palm Springs, CA 92264

    $799,000
    3,800 sqft 0.23 AC lot

    Five-unit income property in Palm Springs' Demuth Park submarket.

    View details
    Apartment Building with Private Lap Pool
    Apartment Building with Private Lap Pool

    74431 De Anza Way, Palm Desert, CA 92260

    $1,485,000
    0.41 AC lot

    Five-unit income property on a 0.41-acre lot with no HOA and three units currently leased.

    View details
    Palm Desert Condo Near El Paseo
    Palm Desert Condo Near El Paseo

    72682 Thrush Road, Palm Desert, CA 92260

    $230,000
    810 sqft

    Charming 2-bedroom condo near El Paseo's shopping and dining.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    San Jacinto Land with Utilities
    San Jacinto Land with Utilities

    Rosario, San Jacinto, CA 92583

    $155,000
    0.33 AC lot

    Unique lot with utilities available for multiple residential uses.

    View details

    Off-Market Properties in Cathedral City, CA

    Consider similar Off-Market properties in Cathedral City, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    33033 Whispering Palms Trl
    APARTMENT HOUSE (5+ UNITS)

    33033 Whispering Palms Trl, Cathedral City, CA 92234-4489

    Estimated value:
    $160,000
    2,702 sqft 0.34 AC lot
    View details
    37010 Bankside Dr
    APARTMENT HOUSE (5+ UNITS)

    37010 Bankside Dr, Cathedral City, CA 92234-7871

    Estimated value:
    $315,000
    0.30 AC lot
    View details
    37700 Van Fleet St
    APARTMENT HOUSE (5+ UNITS)

    37700 Van Fleet St, Cathedral City, CA 92234-2027

    Estimated value:
    $430,000
    0.34 AC lot
    View details
    27700 Avenida Terrazo
    APARTMENT HOUSE (5+ UNITS)

    27700 Avenida Terrazo, Cathedral City, CA 92234-5521

    Estimated value:
    $860,000
    4,200 sqft 0.43 AC lot
    View details
    28200 Landau Blvd
    APARTMENT HOUSE (5+ UNITS)

    28200 Landau Blvd, Cathedral City, CA 92234-8672

    Estimated value:
    $290,000
    3,298 sqft 0.37 AC lot
    View details
    32170 Navajo Trl
    APARTMENT HOUSE (5+ UNITS)

    32170 Navajo Trl, Cathedral City, CA 92234-4026

    Estimated value:
    $1,455,000
    2,702 sqft 0.31 AC lot
    View details
    69130 Victoria Dr
    APARTMENT HOUSE (5+ UNITS)

    69130 Victoria Dr, Cathedral City, CA 92234-6807

    Estimated value:
    $160,000
    0.74 AC lot
    View details
    34700 Marcia Rd
    APARTMENT HOUSE (5+ UNITS)

    34700 Marcia Rd, Cathedral City, CA 92234-6916

    Estimated value:
    $210,000
    0.33 AC lot
    View details
    34900 Marcia Rd
    APARTMENT HOUSE (5+ UNITS)

    34900 Marcia Rd, Cathedral City, CA 92234-6910

    Estimated value:
    $190,000
    3,811 sqft 0.33 AC lot
    View details
    33100 Rancho Vis Dr
    APARTMENT HOUSE (5+ UNITS)

    33100 Rancho Vis Dr, Cathedral City, CA 92234-4764

    Estimated value:
    $875,000
    1,612 sqft 0.22 AC lot
    View details
    33141 Shifting Sands Trl
    APARTMENT HOUSE (5+ UNITS)

    33141 Shifting Sands Trl, Cathedral City, CA 92234-4475

    Estimated value:
    $310,000
    2,702 sqft 0.42 AC lot
    View details
    33163 Shifting Sands Trl
    APARTMENT HOUSE (5+ UNITS)

    33163 Shifting Sands Trl, Cathedral City, CA 92234-4476

    Estimated value:
    $320,000
    5,752 sqft 0.42 AC lot
    View details
    29415 Avenida La Paz
    APARTMENT HOUSE (5+ UNITS)

    29415 Avenida La Paz, Cathedral City, CA 92234-9434

    Estimated value:
    $720,000
    2,590 sqft 0.40 AC lot
    View details
    29475 Avenida La Paz
    APARTMENT HOUSE (5+ UNITS)

    29475 Avenida La Paz, Cathedral City, CA 92234-9430

    Estimated value:
    $745,000
    3,714 sqft 0.40 AC lot
    View details
    36957 Melrose Dr
    APARTMENT HOUSE (5+ UNITS)

    36957 Melrose Dr, Cathedral City, CA 92234-7717

    Estimated value:
    $1,235,000
    4,728 sqft 0.31 AC lot
    View details
    32521 Shifting Sands Trl
    APARTMENT HOUSE (5+ UNITS)

    32521 Shifting Sands Trl, Cathedral City, CA 92234-9512

    Estimated value:
    $325,000
    0.40 AC lot
    View details
    32175 Navajo Trl
    APARTMENT HOUSE (5+ UNITS)

    32175 Navajo Trl, Cathedral City, CA 92234-4027

    Estimated value:
    $725,000
    6,454 sqft 0.30 AC lot
    View details
    37155 Melrose Dr
    APARTMENT HOUSE (5+ UNITS)

    37155 Melrose Dr, Cathedral City, CA 92234-7740

    Estimated value:
    $1,455,000
    4,901 sqft 0.35 AC lot
    View details
    32450 Candlewood Dr
    APARTMENT HOUSE (5+ UNITS)

    32450 Candlewood Dr, Cathedral City, CA 92234-3910

    Estimated value:
    $5,825,000
    7,342 sqft 1.16 AC lot
    View details
    68980 Via Eytel Rd
    APARTMENT HOUSE (5+ UNITS)

    68980 Via Eytel Rd, Cathedral City, CA 92234-4703

    Estimated value:
    $3,795,000
    1,594 sqft 0.64 AC lot
    View details
    37066 Bankside Dr
    APARTMENT HOUSE (5+ UNITS)

    37066 Bankside Dr, Cathedral City, CA 92234-7815

    Estimated value:
    $2,295,000
    14,796 sqft 0.60 AC lot
    View details
    34930 Corregidor Dr
    APARTMENT HOUSE (5+ UNITS)

    34930 Corregidor Dr, Cathedral City, CA 92234-6937

    Estimated value:
    $770,000
    1,104 sqft 0.33 AC lot
    View details

    Cathedral City, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Cathedral City, CA on our real estate platform. These investment opportunities span a total of 4,200 square feet of properties for sale, with an estimated market value of $2,740,000.

    Sale prices for apartment complexes in Cathedral City, CA start at $1,200,000, averaging $1,370,000, and reaching up to $1,540,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 60K
    Population Growth (5Y) -2.5%
    Median Household Income $68,731
    College Educated 21.7%

    High-Yield Neighborhoods for Investment

    Identify Cathedral City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92234 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.25%
    Property Tax per SF $18.25 per SF
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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