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

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    Rancho Mirage, CA Palm Springs, CA Thousand Palms, CA
    New Multifamily Units in Cathedral City
    $10,950,000
    19,868 SF
    New Multifamily Units in Cathedral City

    68550 Grove Street, Cathedral City, CA 92234

    19 multifamily units under construction, prime location, Q1 2026 completion.
    • 19 multi‑family units under construction with estimated completion in Q1 2026
    • Year built: 2025
    • Located off Hwy 111 / East Palm Canyon Drive in Cathedral City
    • Nearby Agua Caliente Casino recently opened, creating over 500 jobs
    • Property is within a Qualified Opportunity Zone (QOZ)
    Updated: Nov 5, 2025
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    Fully Leased Ten-Unit Multifamily Property
    $3,295,000
    1,230 SF
    Fully Leased Ten-Unit Multifamily Property

    69180 Victoria Dr, Cathedral City, CA 92234

    Ten-unit property with in-unit laundry, pool, and tennis court.
    • Fully leased, ten‑unit property generating $250,512 annualized rent with a 5.75% cap rate.
    • Spacious three‑bedroom, two‑bath residences averaging 1,230 square feet with in‑unit laundry, private patios, and covered carport parking.
    • Premier amenity package includes a resort‑style pool and tennis court on a well‑maintained 0.8‑acre site.
    • Strategically located near Rancho Mirage, providing central access to Palm Springs and Palm Desert.
    • Operations optimized through separately metered utilities, tenant‑paid water and trash, and solar‑paned common areas.
    Updated: Apr 24
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    Fully Leased Ten-Unit Property
    $2,949,000
    12,300 SF
    Fully Leased Ten-Unit Property

    Ten-unit property with in-unit laundry, pool, and tennis court.

    69180 Victoria Dr, Cathedral City, CA 92234

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    Seven-Unit Multifamily Investment Opportunity
    $1,250,000
    4,200 SF
    Seven-Unit Multifamily Investment Opportunity

    Seven units in Cathedral City near Palm Springs.

    27700 Avenida Terrazo, Cathedral City, CA 92234

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Cathedral City, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 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.

    Palm Springs Multifamily Investment Opportunity
    $925,000
    3,800 SF
    Palm Springs Multifamily Investment Opportunity

    Five-unit property in Demuth Park neighborhood with income potential.

    3737 E Calle De Carlos, Palm Springs, CA 92264

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    Palm Springs Multifamily Investment Opportunity
    $925,000
    3,800 SF
    Palm Springs Multifamily Investment Opportunity

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

    3737 Calle De Carlos, Palm Springs, CA 92264

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    Unique Multifamily Community with Upside
    $9,499,000
    Unique Multifamily Community with Upside

    26-unit multifamily community with strong rental appeal and upside.

    72805 Parkview Dr, Palm Desert, CA 92260

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    Palm Desert Garden Apartments
    $3,995,000
    1.04 Acres
    Palm Desert Garden Apartments

    25-unit multifamily property in Palm Desert, California.

    73600 San Gorgonio Way, Palm Desert, CA 92260

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    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
    $155,000
    14,375.00 Acres
    San Jacinto Land with Utilities

    Unique lot with utilities available for multiple residential uses.

    0 Rosario, San Jacinto, CA 92583

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    El Monte Development Opportunity
    $515,000
    7,422.00 Acres
    El Monte Development Opportunity

    R3-zoned lot ideal for multi-family residential development.

    2509 Floradale Avenue, El Monte, CA 91732

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    Ready-to-Issue Affordable Housing Project
    $1,800,000
    0.26 Acres
    Ready-to-Issue Affordable Housing Project

    78-unit affordable housing project near Dodger Stadium and Mount Washington.

    3526 Arroyo Seco Ave, Los Angeles, CA 90065

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    Development Opportunity with DTLA Views
    $799,000
    9,746.00 Acres
    Development Opportunity with DTLA Views

    Land with potential for up to 23 units.

    700 Lookout Dr, Los Angeles, CA 90012

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    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)
    2,702 SF Lot: 0.34 Acres
    Value Estimation by Request

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

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    37010 Bankside Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.30 Acres
    Value Estimation by Request

    37010 Bankside Dr, Cathedral City, CA 92234-7871

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    37700 Van Fleet St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.34 Acres
    Value Estimation by Request

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

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    27700 Avenida Terrazo
    APARTMENT HOUSE (5+ UNITS)
    4,200 SF Lot: 0.43 Acres

    27700 Avenida Terrazo, Cathedral City, CA 92234-5521

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    28200 Landau Blvd
    APARTMENT HOUSE (5+ UNITS)
    3,298 SF Lot: 0.37 Acres
    Estimated value
    $525,000

    28200 Landau Blvd, Cathedral City, CA 92234-8672

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    32170 Navajo Trl
    APARTMENT HOUSE (5+ UNITS)
    2,702 SF Lot: 0.31 Acres
    Estimated value
    $1,455,000

    32170 Navajo Trl, Cathedral City, CA 92234-4026

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    69130 Victoria Dr
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.74 Acres
    Value Estimation by Request

    69130 Victoria Dr, Cathedral City, CA 92234-6807

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    34700 Marcia Rd
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.33 Acres
    Value Estimation by Request

    34700 Marcia Rd, Cathedral City, CA 92234-6916

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    34900 Marcia Rd
    APARTMENT HOUSE (5+ UNITS)
    3,811 SF Lot: 0.33 Acres
    Value Estimation by Request

    34900 Marcia Rd, Cathedral City, CA 92234-6910

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    33100 Rancho Vis Dr
    APARTMENT HOUSE (5+ UNITS)
    1,612 SF Lot: 0.22 Acres
    Estimated value
    $815,000

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

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    33141 Shifting Sands Trl
    APARTMENT HOUSE (5+ UNITS)
    2,702 SF Lot: 0.42 Acres
    Value Estimation by Request

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

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    33163 Shifting Sands Trl
    APARTMENT HOUSE (5+ UNITS)
    5,752 SF Lot: 0.42 Acres
    Estimated value
    $1,095,000

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

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    29415 Avenida La Paz
    APARTMENT HOUSE (5+ UNITS)
    2,590 SF Lot: 0.40 Acres
    Estimated value
    $625,000

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

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    29475 Avenida La Paz
    APARTMENT HOUSE (5+ UNITS)
    3,714 SF Lot: 0.40 Acres
    Estimated value
    $690,000

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

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    36957 Melrose Dr
    APARTMENT HOUSE (5+ UNITS)
    4,728 SF Lot: 0.31 Acres
    Estimated value
    $1,060,000

    36957 Melrose Dr, Cathedral City, CA 92234-7717

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    32521 Shifting Sands Trl
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.40 Acres
    Value Estimation by Request

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

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    32175 Navajo Trl
    APARTMENT HOUSE (5+ UNITS)
    6,454 SF Lot: 0.30 Acres
    Estimated value
    $630,000

    32175 Navajo Trl, Cathedral City, CA 92234-4027

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    37155 Melrose Dr
    APARTMENT HOUSE (5+ UNITS)
    4,901 SF Lot: 0.35 Acres
    Estimated value
    $1,225,000

    37155 Melrose Dr, Cathedral City, CA 92234-7740

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    32450 Candlewood Dr
    APARTMENT HOUSE (5+ UNITS)
    7,342 SF Lot: 1.16 Acres
    Estimated value
    $3,985,000

    32450 Candlewood Dr, Cathedral City, CA 92234-3910

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    68980 Via Eytel Rd
    APARTMENT HOUSE (5+ UNITS)
    1,594 SF Lot: 0.64 Acres
    Estimated value
    $3,455,000

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

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    Cathedral City, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Cathedral City, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 37,598 square feet of properties for sale, with an estimated market value of $18,444,000.

    Sale prices for two-family homes in Cathedral City, CA start at $1,250,000, averaging $4,611,000, and reaching up to $10,950,000 — 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 median listing prices of real estate assets

    Neighborhood Average Price
    92234 $4.6M

    Taxes & Financing

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

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Office

    Average Price per SF — Residential Income

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