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*

^$ 5,367

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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.

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.

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

Heating Central

Cooling Central Air

Year Built 1990

Levels Two

County Riverside

New Construction false

Property Type Residential Income

HOA false

Status Active

City Cathedral City

Senior Community Y/N false

MLS Area 335 - Cathedral City North

Lot Size Units Square Feet

Lot Size Square Feet 8276

Land Lease Y/N false

Standard Status Active

Interior

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Parking Features Garage - Three Door Driveway

Lot Size Area 8276

Building Area Total 4442

Lot Size Acres 0.19

* Excluded Features

List By

Miguel Briones

Listing Agent

Homesmart

Broker

brionesmcarthy@gmail.com

Affordability Calculator

$5,367

Per Month

Monthly Principal & Interest: $5,367
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$1,553,658

Percent of Sale Price 83%

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.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/22/2026	$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 6.49% 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 8/8/2026. 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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