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27700 Avenida Terrazo Cathedral City, CA 92234

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For Sale
$1,300,000

Apartment buildings

Property Features for 27700 Avenida Terrazo

General Information

Standard status
Active

Building Details

Year built
1983

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Listing Contact
Eric Chen
Eric Chen
Source: Corcoran

Listing Agency: CB RICHARD ELLIS Listing Agent: Eric Chen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

We are proud to present 27700 Avenida Terrazo, a compelling 7-unit multifamily investment opportunity in the highly desirable Coachella Valley market and the thriving city of Cathedral City. This well-located asset sits directly across from the DoubleTree by Hilton Hotel Golf Resort Palm Springs, providing tenants with a premium location and unparalleled convenience to essential retail and lifestyle amenities. Its prime positioning offers quick access to destinations like Starbucks, Stater Bros. Market, Denny’s, CVS, and Jack in the Box, all within walking distance. The area also benefits from proximity to acclaimed leisure spots, including Escena Golf Club and Cimarron Golf Resort, and is within a short driving distance of the world-class shopping and luxury retail of the Palm Springs desert, including the famed El Paseo Shopping District (The Rodeo Drive of the Desert) in Palm Desert. 27700 Avenida Terrazo is a one-story, 7-unit multifamily property spanning a generous ±19,731 SF lot size with a ±4,200 SF building size. It features an excellent unit mix designed for broad appeal: six 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit, averaging a comfortable size of 600 SF each. Built in 1983, the construction is low-maintenance, featuring a Spanish tile roof and lo
Location Intelligence

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Location Insight

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City
Cathedral City
County
Riverside
State
California
Longitude
-116.478526
Latitude
33.8466044

FAQs

Where is this apartment building located?
The property is located at 27700 Avenida Terrazo Cathedral City, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - 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.
More about this property
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