53228 Cesar Chavez, Coachella, CA 92236
- $1,397,000
List Agent Cray Carlson () CB RICHARD ELLIS; CoList ()
- List Price
- $1,397,000
- Price Change
- ▼ $98,000 1783491793
- Status
- ACTIVE
- MLS#
- CV26146469
- Year Built
- 1963
- Lot Size
- 24,394
- Lot Location
- Near Public Transit
- Days on Market
- 24
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
- Neighborhood
- N/A
Property Description
CBRE is pleased to present a high-potential, value-add multifamily investment opportunity at 53228 Cesar Chavez Street in Coachella, California. This 9-unit asset, originally constructed in 1963, offers an attractive and diverse unit mix of 4 one-bedroom/one-bath units, 1 one-bedroom/one-and-ahalf-bath unit, and 4 two-bedroom/one-bath units, positioning the property to capture demand across multiple renter segments. The asset presents a compelling opportunity for investors to drive revenue growth through strategic management, and mark-to-market rent increases in a submarket characterized by limited new multifamily supply. Located within the rapidly expanding Coachella Valley, the property benefits from strong population growth, increasing rental demand, and proximity to major employment drivers in agriculture, logistics, and the greater Palm Springs tourism economy.
Additional Information
- Pool Description
- None
- Heat
- None
- Sewer
- Unknown
- Water
- Public
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Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.