$1,200,000
-$50,00027700 Avenida Terrazo, Cathedral City CA 92234
Multi-Family (7 Units)
Property type
186 days
On market
$286
Price per sqft
0 cars
Garage
1983
Year built
18,731 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Eric Chen 909-418-2071, CB RICHARD ELLIS
Listing updated: May 11, 2026 at 06:54pm.
Last checked: Jun 4, 2026 at 08:30am
Source: CRMLS #CV25268195
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 6 | 1 | 1 | — | $1,245 | $89,640 | $1,700 | Unfurnished |
| 1 | 2 | 2 | — | $1,690 | $20,280 | $1,700 | Unfurnished |
# of Buildings: 1
# of Units Total: 7
Separate Electric Meters: 7
Separate Gas Meters: 7
Separate Water Meters: 1
Rent Control: No
Units Leased: 7
Total Actual Rent: $109,920
Financial Snapshot
Gross Rent Multiplier
10.9x
List Price / Annual Gross Rent
Cap Rate
4.87%
NOI / List Price
Gross Scheduled Income: $109,920
Vacancy Allowance: $3,322
Operating Expense: $45,966
Net Operating Income: $61,430
Annual Operating Expenses
Electric: $1,025
Gardener: $1,200
Fuel: $1,254
Insurance: $4,865
Maintenance: $4,900
New Taxes: $23,367
Pest Control: $1,200
Professional Management: $5,370
Supplies: $150
Trash: $0
Water / Sewer: $886
Other Expense: $1,750
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 10
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 677173055
Additional Parcels: No
Tax Lot: W
Subdivision: Avenida Terrazo
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Sidewalks
Nearby Schools
Nearby schools around the 27700 Avenida Terrazo, Cathedral City, CA 92234. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$960,000
Total Interest
$1,224,427
Total Payment
$2,184,427
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,468
per month
Property History for 27700 Avenida Terrazo
Cathedral City Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92234.
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