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$ 850,000
Est. payment /mo
New
29395 Avenida La Paz Cathedral City, CA 92234
7 Beds
5 Baths
4,442 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,442 sqft
Price per Sqft $191
MLS Listing ID 26636901PS
Bedrooms 7
HOA Y/N No
Year Built 1990
Lot Size 8,276 Sqft
Property Description
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.
Location
State CA
County Riverside
Area 335 - Cathedral City North
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Door-Multi, Driveway, Garage
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 675231029
Special Listing Condition Standard
Listed by Miguel Briones HomeSmart Professionals