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For Sale

$1,397,000

24,394 sqft$57/sqft125 days on market

53228 Cesar Chavez ST

Coachella, CA 92236

· 8% down, 7% APR, 30yr fixed

—

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.

Listing agent (MLS): Cray Carlson · Listing brokerage (MLS): CB RICHARD ELLIS

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

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

· 8% down, 7% APR, 30yr fixed
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Courtesy of CB RICHARD ELLIS