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For sale
  • $850,000

    29395 Avenida La Paz, Cathedral City, CA 92234

    7beds
    5baths
    4,442sqft
    : 
    $5,703/mo
    Get pre-qualified
    Multi Family
    Built in 1990
    -- sqft lot
    $-- Zestimate®
    $191/sqft
    $-- HOA

    What's special

    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.
    215 days
    |
    312
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Miguel Briones DRE # 01705617 760-969-8401,

    HomeSmart 760-844-7500,

    Issac Briones DRE # 02180608 760-239-8486,

    HomeSmart

    Source: CLAW,MLS#: 26636901PSMLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Range/Oven
      Interior area
      • Total structure area: 4,442
      • Total interior livable area: 4,442 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway, Garage - 2 Car
      • Garage spaces: 4
      • Uncovered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 8,276 Square Feet
      Details
      • Additional structures: Other
      • Parcel number: 675231029
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1990

      Community & HOA

      Location
      • Region: Cathedral City

      Financial & listing details

      • Price per square foot: $191/sqft
      • Tax assessed value: $380,773
      • Date on market: 1/15/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,071/mo

        Price history

        DateEventPrice
        1/15/2026Listed for sale$850,000$191/sqft
        Source: CLAW #26636901PS Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Panorama

        Getting around

        30 / 100
        Car-Dependent
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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