29395 Avenida La Paz Cathedral City, CA ^$ 850,000

29395 Avenida La Paz

^$ 850,000

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29395 Avenida La Paz

Cathedral City, CA, 92234

^$ 850,000

Studio Baths0.0 Sq 4,442

Monthly Estimate*

^$ 5,234

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Studio

Multi-Family Home for sale in Cathedral City, CA

for $850,000. This 4,442 square foot home was built in 1990 on a lot size of 0.19.

Excellent opportunity to own a residential income-generating triplex in a strong rental market in Cathedral City. Located at 29395 Avenida La Paz, this well-positioned property features three fully rented units, providing immediate and consistent cash flow.The unit mix includes:Unit #1: 3 bedrooms / 2 bathrooms. Unit #2: 3 bedrooms / 2 bathrooms. Unit #3: 1 bedroom / 1 bathroomThe property also offers two separate 2-car garages, adding value and convenience for tenants.This is an ideal opportunity for investors seeking stable rental income or for owner-occupants looking to live in one unit while generating income from the others. The property is situated in a desirable location with high rental demand, close to shopping, dining, schools, and major commuter routes.With strong tenant occupancy, an attractive unit mix, and solid long-term income potential, this property presents a compelling addition to any investment portfolio. Do not miss this opportunity to secure a multi-unit property in a thriving rental market.

Multi-Family Active

Price

^$ 850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.19

Year Built

1990

Town/City

Cathedral City

County/Region

Riverside

MLS | Web ID

PS26636901

Features

General

Living Area 4442.0

Heating Central

Cooling Central Air

Year Built 1990

Levels Two

County Riverside

Net Operating Income 1000.0

New Construction No

Property Type C

HOA No

Status Active

City Cathedral City

Senior Community Y/N No

MLS Area 335 - Cathedral City North

Lot Size Units Square Feet

Lot Size Square Feet 8276.0

Land Lease Y/N No

Standard Status Active

Exterior

Parking Features Garage - Three Door Driveway

Lot Size Area 8276.0

Pool Y/N? Yes

Building Area Total 4442.0

Lot Size Acres 0.19

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Total Baths 0

* Excluded Features

List By

Miguel Briones

Listing Agent

Homesmart Professionals

Broker

Affordability Calculator

$5,234

Per Month

Monthly Principal & Interest: $5,234
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Cathedral City, CA

Average List Price ^$2,848,364

Percent of Sale Price 235%

About Cathedral City, CA

53,440 Population

25% Since 2002

^$42,908 Median Income

38.24 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/15/2026	$850,000		Listed Price

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29395 Avenida La Paz, Cathedral City, CA, 92234 is a Multi-Family Home for sale at $850,000 with 4,442 sqft and a lot size of 0.19. 29395 Avenida La Paz is a studio with 0.0 baths and was built in 1990. The property's zip code is 92234 which is in Cathedral City, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 1/15/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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29395 Avenida La Paz

Multi-Family Home for sale in Cathedral City, CA

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