$1,397,000
About this home
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.
Facts & features
- Heating
- None
- Laundry
- Common Area, Washer Hookup, Electric Dryer Hookup
- Levels
- One
- Lot size
- 0.56 acres (24,394 sq ft)
- Pool
- None
- Year built
- 1963
- Area
- 315 - Coachella
- County
- Riverside
- Community features
- Valley
- Status
- Active
- Property type
- Apartment
- Days on market
- 1
- Listed
- 2026-05-20
- Original price
- $1,495,000
- Terms
- Exchange 1031
- Parcel #
- 778320003
- MLS #
- CV26146469
