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
Bedrooms7 Baths3.0 Sq 4,442

Monthly Estimate*

$ 5,367

Listed by HomeSmart
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Multi-Family Home for sale in Cathedral City, CA

for $850,000 with 7 bedrooms and 3 full baths. 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.

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Multi-Family Active

Price

$ 850,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.19

Year Built

1990

Town/City

Cathedral City

County/Region

Riverside

MLS | Web ID

26636901PS

Days on Market

201

Features
General
Living Area 4442
Heating Central
Cooling Central Air
Garage Spaces 4
Year Built 1990
Stories Count 2
Levels Two
Gross Income 3700
County Riverside
Net Operating Income 1000
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash Conventional
Directions Please use Apple maps & Google maps
City Cathedral City
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 3
MLS Area 335 - Cathedral City North
Lot Size Units Square Feet
Lot Size Square Feet 8276
Listing Terms Cash
Land Lease Y/N false
Standard Status Active
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 7
Total Baths 5
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Exterior
Parking Features Door-Multi Driveway Garage
Total Parking 6
Lot Size Area 8276
Number of Buildings 2
Building Area Total 4442
Lot Size Acres 0.19
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* Excluded Features
List By
Homesmart

Broker

brionesmcarthy@gmail.com

Email

Affordability Calculator

$5,367
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Monthly Principal & Interest
$5,367
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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 has 7 bedrooms, 3.0 baths, and was built in 1990. The property's zip code is 92234 which is in Cathedral City, CA