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Stacey Alysson Melman

37250 Bankside DR
Cathedral City, CA, 92234
$1,800,000
Beds
0 Baths
0 SqFt
0.36 Acres
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MLS #PW26156345 image #0
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.
AGENT: Ryan Loria
LISTING BROKERAGE: Triqor Group
37250 Bankside DR
Cathedral City, CA

Property Details

Price:
$1,800,000
MLS #:
PW26156345
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
335cathedralcitynorth
Listed Date:
Jul 17, 2026
Total Sq Ft:
6,680
Lot Size:
15,682 sqft / 0.36 acres (approx)
Year Built:
1963
Pool335 – Cathedral City North335cathedralcitynorth
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Schools

Interior

Laundry Features
AR

Exterior

Common Walls
_2CW
Community Features
SDW
Parking Spots
12
Parking Total
12

Financial

Net Operating Income
$80,076

Map

Community

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