29395 Avenida La Paz, Cathedral City, CA 92234
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
29395 Avenida La Paz,Cathedral City, CA 92234
$850,000
- 7 Beds
- 5 Baths
- 4,442 sq. ft.
- Multi-family
- Pending
Listed by: miguel briones, issac briones
Office: homesmart760-844-7500
MLS#:26636901PS
Source:CRMLS
Price summary
- Price:$850,000
- Price per sq. ft.:$191.36
About this home
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....
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Home facts
- Year built:1990
- Listing ID #:26636901PS
- Added:242 day(s) ago
- Updated:September 15, 2026 at 09:19 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Living area:4,442 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1990
- Building area:4,442 sq. ft.
- Lot area:0.19 Acres
- Levels:2 Story
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$191.36
Parking
- Total parking spaces:6
- Parking description:Door-Multi, Driveway, Garage
- Garage:Yes
- Garage spaces:4
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