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$850,000
 $4,563 est/mo Sourced by Back At You

29395 Avenida La Paz,Cathedral City, CA 92234

Cathedral City, CA 92234

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Description

Rare opportunity to own a vacant triplex at 29395 Avenida La Paz in Cathedral City delivered vacant and ready to rent at current market rates from day one! Unit mix includes two 3BD/2BA units and one 2BD/1BA unit with a bonus room, plus two separate 2-car garages adding tremendous tenant appeal. With strong rental demand across the Coachella Valley, the 3BD/2BA units have a rental potential of $2,500$3,500/month each and the 2BD/1BA with bonus room commanding $1,500$2,300/month this property has a potential gross monthly income of $6,500$10,300/month. Perfect for the seasoned investor looking to add a cash flowing asset to their portfolio, a first time investor ready to get into the market, or an owner-occupant looking to live in one unit while the other two units pay the mortgage. No inherited leases, no tenant transitions just close and start generating income immediately. Strong rental demand, rising rents, and a centrally located Coachella Valley address make this a compelling opportunity that will not last long.

Details

MLS #26636901PS
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1990
Days On Site254
Listing Provided ByHomeSmart | Miguel Briones

Features

Bed(s)7
Bath(s)5
SQ Feet4,442
Garage4
Story(s)2
Units3
Building(s)2
Acreage0.19

Interior

CoolingCentral Air
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoYes

Parking

Parking FeaturesDoor Multi, Driveway, Garage
Garage Yes / NoYes

Area Information

StateCA
CountyRiverside
CityCathedral City
Zip Code92234
Area335 Cathedral City North
Listing VS Median (in 92234)
Price:
$850,000
low | high
Med:
$247,900
100% of Average
sqft:
4,442
low | high
Med:
1,386
100% of Average
$ / sqft:
$191
low | high
Med:
$182
54.980218329525% of Average
On site:
254
low | high
Med:
40
100% of Average
Sourced by Back At You

Market Activity 92234

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountyRiverside
CityCathedral City
Zip Code92234
Area335 Cathedral City North
Listing VS Median (in 92234)
Price:
$850,000
low | high
Med:
$247,900
100% of Average
sqft:
4,442
low | high
Med:
1,386
100% of Average
$ / sqft:
$191
low | high
Med:
$182
54.980218329525% of Average
On site:
254
low | high
Med:
40
100% of Average
Sourced by Back At You
Listing Updated: September 14, 2026 at 7:32:26 PM PDT
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