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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$1,397,000

Est. payment - /mo

4 Beds

4 Baths

0.56 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26146469

Bedrooms 4

Lot Size 0.560 Acres

Property Sub-Type Res Income 2-4 Units

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.

Location

State CA

County Riverside

Zoning Public Rec

Direction Located off the 86 HWY, next to Avenue 53 and Cesar Chavez St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 778320003

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Listing Terms Exchange

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Listed by Cray Carlson • CB RICHARD ELLIS

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53228 Cesar Chavez Coachella, CA 92236

Kobe Zimmerman

Key Details

Location

Interior

Exterior

Building

Others

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53228 Cesar Chavez