37250 Bankside, Cathedral City CA 92234 | $1,800,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 15682 Lot Sq Ft
  • Type: Apartment
  • Stories: 1
  • Year Built: 1963
  • MLS#: PW26156345
  • Community: 335 - Cathedral City North

Listing provided courtesy of Ryan Loria of Triqor Group. Last updated 2026-09-05 08:10:57.000000. Listing information © 2026 SANDICOR.

We are pleased to present Bankside Apartments, well-maintained and upgraded 12-unit apartment community located in Cathedral City, CA. The property offers an attractive unit mix consisting of spacious, single-story Studio, 1-bedroom, and 2-bedroom units. Eleven of the twelve units have been thoughtfully renovated with wood-look porcelain tile flooring, upgraded kitchens and bathrooms, stainless sinks, and dual-pane windows. The community features a sparkling swimming pool within a gated courtyard, central heating and air conditioning, an on-site laundry facility, open parking, and all-new electrical panels. Bankside Apartments presents a compelling value-add opportunity with approximately 45% upside in rental income. Through the continued implementation of market rents, a new owner has the potential to significantly increase cash flow and achieve an estimated 8.2% capitalization rate, making this an attractive investment in one of the Coachella Valley’s strongest rental markets.

More Details

0.36 Acres
1 Story

Cristopher Crozier

Call or Text: 760.626.2600