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27700 Avenida Terrazo
Cathedral City, CA 92234 Coachella Valley

$1,200,000 USD

Apartments For Sale  •  4,200 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 5.07 %
  • Zoning R1, Cathedral City
30 Transit Score
30 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: $61,430 USD (2025)
Cap Rate: 5.07 %
Total Expenses: $45,966 USD

Amenities

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

Public Transportation

Commuter RailDriveWalkDistance
Palm Springs Amtrak (Sunset Limited - Amtrak, Texas Eagle - Amtrak) 14 min - 7.7 mi
AirportDriveWalkDistance
Palm Springs International 5 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.
Eric Chen 909-418-2071 CBRE, Inc.