27700 Avenida Terrazo, Cathedral City, CA 92234
27700 Avenida Terrazo, Cathedral City, CA 92234
27700 Avenida Terrazo, Cathedral City, CA 92234
27700 Avenida Terrazo, Cathedral City, CA 92234
27700 Avenida Terrazo, Cathedral City, CA 92234
27700 Avenida Terrazo, Cathedral City, CA 92234
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Joshua Smith

Joshua Smith

+1(619) 279-2250
$ 1,200,000
Est. payment | /mo

3 Beds

3 Baths

0.43 Acres Lot

Save
$ 1,200,000
Est. payment | /mo
Save

3 Beds

3 Baths

0.43 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25268195

Bedrooms 3

Lot Size 0.430 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

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, Dennys, 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 low-water-use desert landscaping with decorative rock features and mature palm trees. Further enhancing the investment profile, the property offers a highly desirable amenity set including fully equipped kitchens with Stainless Steel appliances and modern backsplashes, alongside upgraded bathrooms and kitc

Location

State CA

County Riverside

Zoning Assessor

Direction Merge onto I-10 E, Take exit 126 for Date Palm Dr, Use the right lane to turn right onto Date Palm Dr, Turn right at the 1st cro

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 677173055

Acceptable Financing Cash

Listing Terms Cash

MLS Router / San Diego MLS
Listed by Eric Chen • CB RICHARD ELLIS 
Nearby Locations
Joshua Smith

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 279-2250

josh@yoursdrealtor.com

10085 Carroll Canyon Rd Suite 100, San Diego, California, 92131, USA

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27700 Avenida Terrazo