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51704 Cesar Chavez St 2 Unit Apartment Building $1,495,000 ($747,500/Unit) 6.64% Cap Rate Coachella, CA 92236



Investment Highlights
- Signalized hard-corner location at Cesar Chavez Street & Cairo Street with excellent visibility and street frontage
- ±21,344 SF lot (0.49 acres) with ample parking
- Recently renovated ±1,500 SF attached rear warehouse/storage space with separate rear access
- Mixed-use asset consisting of three commercial suites, two residential apartments, and one warehouse/storage space
- CG zoning offering flexibility for a variety of commercial and mixed-use development opportunities
- Future repositioning and redevelopment potential in Coachella’s evolving downtown corridor
Executive Summary
SVN Vanguard is pleased to present 51704 - 51710 Harrison Street, a mixed-use investment opportunity strategically located in the heart of Coachella, California. Situated on approximately 0.49 acres at the prominent corner of Cesar Chavez Street and Cairo Street, the property consists of three ground-floor commercial suites, two second-floor residential apartments, and a recently renovated rear warehouse/storage building with separate rear access and dedicated on-site parking.
The commercial component includes a neighborhood-serving CPA office and a restaurant occupying two storefront suites, creating a diverse tenant mix with strong street presence along one of Coachella’s primary commercial corridors. Above the commercial spaces are two spacious 3-bedroom, 1-bathroom apartment units, providing a balanced blend of residential and commercial uses within a single asset.
The property also features a recently renovated rear warehouse/storage building that expands the functionality of the site and provides flexibility for a variety of commercial, storage, owner-user, or future leasing applications. Combined with the property’s expansive parking area, multiple access points, and corner positioning, the site offers characteristics rarely found among comparable downtown mixed-use properties.
Zoned CG (General Commercial), the property presents both immediate utility and long-term strategic value. The sizable ±21,344 square foot parcel, prominent corner location, and position within Coachella’s evolving downtown corridor may provide future opportunities for repositioning, expanded commercial use, or mixed-use redevelopment, subject to buyer investigation and municipal approval.
With its diversified unit mix, flexible site configuration, substantial land area, and location within one of the Coachella Valley’s fastest-growing communities, 51704 - 51710 Harrison Street offers a unique opportunity for investors, owner-users, and developers seeking a well-located mixed-use asset with both current functionality and future potential.
The commercial component includes a neighborhood-serving CPA office and a restaurant occupying two storefront suites, creating a diverse tenant mix with strong street presence along one of Coachella’s primary commercial corridors. Above the commercial spaces are two spacious 3-bedroom, 1-bathroom apartment units, providing a balanced blend of residential and commercial uses within a single asset.
The property also features a recently renovated rear warehouse/storage building that expands the functionality of the site and provides flexibility for a variety of commercial, storage, owner-user, or future leasing applications. Combined with the property’s expansive parking area, multiple access points, and corner positioning, the site offers characteristics rarely found among comparable downtown mixed-use properties.
Zoned CG (General Commercial), the property presents both immediate utility and long-term strategic value. The sizable ±21,344 square foot parcel, prominent corner location, and position within Coachella’s evolving downtown corridor may provide future opportunities for repositioning, expanded commercial use, or mixed-use redevelopment, subject to buyer investigation and municipal approval.
With its diversified unit mix, flexible site configuration, substantial land area, and location within one of the Coachella Valley’s fastest-growing communities, 51704 - 51710 Harrison Street offers a unique opportunity for investors, owner-users, and developers seeking a well-located mixed-use asset with both current functionality and future potential.
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Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- On-Site Retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 2 | - | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 778-150-001 | Improvements Assessment | $245,167 |
| Land Assessment | $134,838 | Total Assessment | $380,005 |
Property Taxes
Parcel Number
778-150-001
Land Assessment
$134,838
Improvements Assessment
$245,167
Total Assessment
$380,005
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51704 Cesar Chavez St
