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Request Info$850,000
Active
29395 Avenida La Paz Overview
- Time on Site:
- 165 days
- Visits:
- 2
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.
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29395 Avenida La Paz Facts & Features
- Type Multi-Family
- Sq. ft. 4,442
- Price/Sq.ft. $191
- Lot 0.19 Acres
Details
General
Association/HOA
- Association: No
Income/Expenses
- Gross Income: 3700.0
- Net Operating Income: 1000.0
Listing Information
- Buyer Financing: Cash,Conventional
Building Information
- New Construction: No
- Year Built: 1990
Location/Region
- Country: US
- County Or Parish: Riverside
- MLS Area Major: 335 - Cathedral City North
- Postal City: CATHEDRAL CITY
Rent/Lease Information
- Land Lease: No
General Information
- Listing Terms: Cash
- Parcel Number: 675231029
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage Spaces: 4.0
- Garage: Yes
Beds/Baths
- Bathrooms Full: 0
- Bathrooms Half: 0
- Bathrooms One Quarter: 0
- Bathrooms Three Quarter: 0
- Bathrooms Total: 5
- Bedrooms Total: 7
Building Interior
- Building Area Total: 4442.0
General Information
- Levels: Two
- Living Area: 4442.0
- Stories: 2
- Stories Total: 2
Exterior
Parking Information
- Open Parking Spaces: 2.0
- Parking Features: Door-Multi,Driveway,Garage
- Parking Total: 6.0
Lot Information
- Lot Size Acres: 0.19
- Lot Size Area: 8276.0
- Lot Size Square Feet: 8276.0
- Lot Size Units: Square Feet
- Number Of Buildings: 2
General Information
- Number Of Units Total: 3
29395 Avenida La Paz Neighborhood
Cathedral City
Cathedral City is nestled between Palm Springs and Rancho Mirage and features several golf resorts, a shopping and entertainment district, and public works of art, which are found throughout the city, making it a unique place to vist and call home.
Community
92234 (Cathedral City) Demographics
41
Median Age
3,428
Population Density (per sq. mile)
31%
College Educated
$50,350
Estimated Median Income
12,146
Estimated Total Home Owners
7,570
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.29395 Avenida La Paz Monthly Cost
29395 Avenida La Paz Market Data
Based on the last 30 days in this zip code
$526,227
Average List Price
$313
Average Price per Square Foot
81
Properties Sold
106
Average Days on Market
604
Properties for Sale
29395 Avenida La Paz History
| Date | Value | Agent |
|---|---|---|
| 1/15/2026Source: CRMLS | January 15, 2026 |
Listing provided courtesy of HomeSmartMiguel Briones- MLS# 26636901PS
Contact Information: 760-844-7500
Contact Information: 760-844-7500