$1,397,000
$98K PRICE DROP

53228 Cesar Chavez St Coachella, CA 92236

Coachella Area

Estimated payment $8,141/month

Total Views 3,845
4 Beds
4 Baths
4,200 Sq Ft
$333 Price per Sq Ft

Highlights

  • No Units Above
  • Property is near public transit
  • No Heating
  • 0.56 Acre Lot
  • Laundry Facilities
  • 1-Story Property

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.

Listing Agent

Cray Carlson

CB RICHARD ELLIS Brokerage Phone: 909-815-7324 Listed on: 07/06/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 24,394 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • 778320002

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,200 Sq Ft Home
  • 1-Story Property
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Property is near public transit

Utilities

  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 778320003
  • $67 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 9 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $1,368
  • Insurance Expense $5,585
  • Professional Management Expense $3,600
  • Trash Expense $1,815
  • Water Sewer Expense $4,218
  • Operating Expense $47,251
  • Gross Income $130,125
  • Net Operating Income $82,874

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.56 Acres

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Water Sewer Expenses: 4218.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 778320003
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Below, No One Above
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 332.62

Exterior Features

  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, Common Area
  • Sewer: Unknown
  • Trash Expense: 1815.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 778320002
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 24394.00
  • Lot Size Acres: 0.5600
  • Latitude Manual: 33.66177400

Multi Family

  • Electric Expense: 1368.00
  • Gross Income: 130125.00
  • Gross Scheduled Income: 131556.00
  • Insurance Expense: 5585.00
  • Lot Size Area: 24394.0000 Square Feet
  • Net Operating Income: 82874.00
  • Number Of Units Total: 9
  • Operating Expense: 47251.00
  • Rent Control: No
  • Total Expenses: 47251.00

Tax Info

  • TaxOtherAnnualAssessmentAmount: 67.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $5,645 $452,622 $92,843 $359,779
2025 $5,645 $443,748 $91,023 $352,725
2023 $5,571 $426,519 $87,490 $339,029
2022 $5,437 $418,157 $85,775 $332,382
2021 $5,340 $409,959 $84,094 $325,865
2020 $5,281 $405,756 $83,232 $322,524
2019 $5,192 $397,800 $81,600 $316,200
2018 $5,093 $390,000 $80,000 $310,000
2017 $2,265 $167,317 $66,737 $100,580
2016 $2,171 $164,037 $65,429 $98,608
2015 $2,082 $161,576 $64,448 $97,128
2014 $2,073 $158,413 $63,187 $95,226
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2026 07/07/26 Price Changed $1,397,000 -6.6% $333 / Sq Ft
07/06/2026 07/06/26 For Sale $1,495,000 -- $356 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $520,000 Orange Coast Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $575,000 New Conventional
Closed $365,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $338,000 Commercial
Previous Owner $300,000 Commercial
Previous Owner $30,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26146469

California Regional Multiple Listing Service (CRMLS)
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