53228 Cesar Chavez, Coachella, CA 92236

$1,397,000
4,200
SqFt

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List Price
$1,397,000
Price Change
▼ $98,000 1783501595
Status
ACTIVE
MLS#
CV-26146469
Year Built
1963
Living Sq. Ft
4,200
Lot Size
24,394
Lot Location
Near Public Transit
Days on Market
22
Property Type
Multifamily
Stories
1

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

Land Lease Type
Fee
Lot Description
Near Public Transit

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Listing courtesy of CB RICHARD ELLIS.