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27700 Avenida Terrazo
Cathedral City, CA 92234 Outlying Palm Springs

$1,300,000 USD

Apartments For Sale • 4,131 SF

Property Details

Property Type Apartments
Total Building Size 4,200 SF
Lot Size 0.45 AC
Building Class C
Year Built 1983
Cap Rate 4.63 %
Zoning R1, Cathedral City

0 Transit Score

54 Walk Score

                
                    Highlights
                
                                Rare 7-Unit Multifamily Opportunity in a Prime Coachella Valley Location
                            
                                Stable Unit Mix for Broad Tenant Appeal
                            
                                Modern Upgrades and High-Demand Amenities
                            
                                Exceptional Walkable Location to Essential Retail, Luxury Golf & Employers
                            
                                Strong Growth Potential in a Low-Maintenance Asset
                            
                                Minutes from Major Regional Economic and Lifestyle Hubs

Financial Summary (Actual)

Net Operating Income: $60,220 USD (2025)

Cap Rate:	4.63 %
Total Expenses:	$47,176 USD

Amenities

24 Hour Access
Air Conditioning
Laundry Facilities
Tile Floors
Stainless Steel Appliances
Porch

Public Transportation

Commuter Rail	Drive	Walk	Distance
	15 min	-	7.7 mi
Airport	Drive	Walk	Distance
Palm Springs International	6 min	-	2.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes

Eric Chen 909-418-2071 CBRE, Inc.

27700 Avenida Terrazo Cathedral City, CA 92234 Outlying Palm Springs