For sale

Listed by: CB RICHARD ELLIS • Cray Carlson • Contact: 909-418-2000

Price cut: $98K (7/8)

$1,397,000

53228 Cesar Chavez St, Coachella, CA 92236

13beds

10baths

4,200sqft

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Multi Family

Built in 1963

-- sqft lot

$-- Zestimate^®

$333/sqft

$-- HOA

What's special

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.

7 days

129

8

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 13
Bathrooms: 10

Heating

None

Appliances

Laundry: Common Area, Washer Hookup, Electric Dryer Hookup

Features

Common walls with other units/homes: 1 Common Wall,No One Above,No One Below

Interior area

Total structure area: 4,200
Total interior livable area: 4,200 sqft

Property

Features

Levels: One
Stories: 1
Entry location: 1
Pool features: None

Lot

Size: 0.56 Acres
Features: Near Public Transit

Details

Additional parcels included: 778320002
Parcel number: 778320003
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1963

Utilities & green energy

Sewer: Unknown
Water: Public

Community & HOA

Community

Features: Valley

Location

Region: Coachella

Financial & listing details

Price per square foot: $333/sqft
Tax assessed value: $147,912
Annual tax amount: $1,884
Date on market: 7/6/2026
Cumulative days on market: 7 days
Listing terms: 1031 Exchange

Estimated market value

Not available

Estimated sales range

Not available

$1,626/mo

Price history

Date	Event	Price
7/8/2026	Price change	$1,397,000-6.6%$333/sqft
Source: CRMLS #CV26146469 Report a problem
7/6/2026	Listed for sale	$1,495,000+232.2%$356/sqft
Source: CRMLS #CV26146469 Report a problem
11/12/2017	Listing removed	$815
Source: Zillow Rental Manager Report a problem
10/13/2017	Price change	$815-3.6%
Source: Zillow Rental Manager Report a problem
10/5/2017	Listed for rent	$845
Source: Zillow Rental Manager Report a problem
11/18/2015	Listing removed	$450,000$107/sqft
Source: Tarbell REALTORS #215010222 Report a problem
10/23/2015	Price change	$450,000-5.3%$107/sqft
Source: Tarbell REALTORS #215010222 Report a problem
7/13/2015	Price change	$475,000-4.8%$113/sqft
Source: Tarbell REALTORS #215010222 Report a problem
3/28/2015	Listed for sale	$499,000-9.1%$119/sqft
Source: Tarbell REALTORS #215010222 Report a problem
1/1/2015	Listing removed	$549,000$131/sqft
Source: Windermere Real Estate Southern California #214085200 Report a problem
10/25/2014	Listed for sale	$549,000-0.2%$131/sqft
Source: Windermere Real Estate Coachella Valley #214085200 Report a problem
12/29/2013	Listing removed	$549,999$131/sqft
Source: Windermere Real Estate #21471271 Report a problem
7/3/2013	Price change	$549,999-14.1%$131/sqft
Source: Windermere Real Estate Coachella Valley #21471271 Report a problem
2/23/2013	Listed for sale	$640,000$152/sqft
Source: Windermere Real Estate Coachella Valley #21471271 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,884 +1.3%	$147,912 +2%
2024	$1,859 +1%	$145,013 +2%
2023	$1,841 +0.9%	$142,171 +2%
2022	$1,824 +2.4%	$139,384 +2%
2021	$1,782 +1.1%	$136,652 +1%
2020	$1,762	$135,252 +2%
2019	--	$132,600 +2%
2018	$1,698 +100%	$130,000 +106.4%
2017	$849	$62,994 +2%
2016	$849 +9.1%	$61,760 +1.5%
2015	$778 +0.4%	$60,835 +2%
2014	$775	$59,647 +0.5%
2013	--	$59,379 +2%
2012	--	$58,216 +2%
2011	--	$57,076 +0.8%
2010	--	$56,651 -0.2%
2009	--	$56,787 +2%
2008	--	$55,674 +2%
2007	--	$54,583

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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