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$ 1,495,000
Est. payment | /mo
4 Beds
5 Baths
0.56 Acres Lot
$ 1,495,000
Est. payment | /mo
4 Beds
5 Baths
0.56 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 CV26146469
Bedrooms 4
Lot Size 0.560 Acres
Property Sub-Type Res Income 2-4 Units
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/two-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.
Location
State CA
County Riverside
Zoning Public Rec
Direction Located off the 86 HWY, next to Avenue 53 and Cesar Chavez St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 778320003
Acceptable Financing Exchange
Listing Terms Exchange
Listed by Cray Carlson • CB RICHARD ELLIS
Nearby Locations
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