$1,300,000

27700 Avenida Terrazo, Cathedral City, CA 92234

  • 4,200 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1983
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $310/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

We are proud to present 27700 Avenida Terrazo, a compelling 7-unit multifamily investment opportunity in the highly desirable Coachella Valley market and the thriving city of Cathedral City. This well-located asset sits directly across from the DoubleTree by Hilton Hotel Golf Resort Palm Springs, providing tenants with a premium location and unparalleled convenience to essential retail and lifestyle amenities. Its prime positioning offers quick access to destinations like Starbucks, Stater Bros. Market, Denny's, CVS, and Jack in the Box, all within walking distance. The area also benefits from proximity to acclaimed leisure spots, including Escena Golf Club and Cimarron Golf Resort, and is within a short driving distance of the world-class shopping and luxury retail of the Palm Springs desert, including the famed El Paseo Shopping District (The Rodeo Drive of the Desert) in Palm Desert. 27700 Avenida Terrazo is a one-story, 7-unit multifamily property spanning a generous ±19,731 SF lot size with a ±4,200 SF building size. It features an excellent unit mix designed for broad appeal: six 1-bedroom/1-bathroom units and one 2-bedroom/2-bathroom unit, averaging a comfortable size of 600 SF each. Built in 1983, the construction is low-maintenance, featuring a Spanish tile roof and lo

Listing Status:
Active
Date Added:
December 1, 2025 at 06:00AM
Listing Office:
CB RICHARD ELLIS : 909-418-2000
Listing Agent:
Eric Chen : 909-418-2071
MLS ID:
CRCV25268195
  • Laundry: Other
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: Riverside
  • Zoning: 677173055
  • Source: CRMLS

This listing courtesy of Eric Chen, CB RICHARD ELLIS

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

R

Rio Vista Elementary School

67700 Verona Rd, Cathedral City, CA, 92234

Grades KG-5

0.45 miles away

J

James Workman Middle School

69300 30th Ave, Cathedral City, CA, 92234

Grades 6-8

1.83 miles away

M

Mt. San Jacinto High School

30800 Landau Blvd, Cathedral City, CA, 92234

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby