27700 Avenida Terrazo, Cathedral City, CA 92234 - Photo 1 of 25, Cathedral City, CA
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$1,250,000

27700 Avenida Terrazo, Cathedral City, CA 92234

3Beds
3Baths
0
94Days Listed

Listed by Eric Chen, CB RICHARD ELLIS | 626-757-5717 | MLS# CV25268195

About This Property

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, Dennys, 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 low-water-use desert landscaping with decorative rock features and mature palm trees. Further enhancing the investment profile, the property offers a highly desirable amenity set including fully equipped kitchens with Stainless Steel appliances and modern backsplashes, alongside upgraded bathrooms and kitc

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
3
Bathrooms
3
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
94
Cumulative Days on Market
95
Original Price
$1,300,000
MLS Number
CV25268195

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Price History

$1,250,000

Mar 5, 2026

$50,000

-3.9%

Original List Price

$1,300,000

Cathedral City Market Snapshot

126

Active Listings

$152K

Median Price

173

Avg Days on Market

Last updated: Mar 5, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,250,000