53228 Cesar Chavez St Coachella, CA 92236
Coachella AreaEstimated payment $8,141/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26146469
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Ask me questions while you tour the home.