$1,397,000
53228 Cesar Chavez ST
Coachella, CA 92236
—
Beds
—
Baths
24,394
Square feet
1963
Built
Listing narrative
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.
Property Details
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Price
$1,397,000
Beds
Beds n/a
Type
Condo
Home Size
24,394 sqft
Baths
Baths n/a
Lot Size
0.56 acres
Year
1963
Neighborhood
N/a
Status
For Sale
Days on Market
125
$ / Sqft
$57
Courtesy of CB RICHARD ELLIS






