Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
7 Beds
5 Baths
4,442 sqft

$850,000

29395 Avenida La Paz, Cathedral City CA, 92234

Price per sqft$191.36
Built in1990
Property size4,442 sqft
Property typeResidential
Listed by Miguel Briones CA DRE# 01705617 with HomeSmart 760-844-7500

Overview

Pending

Listed Jan 7, 2026

Updated Aug 30

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.

$5,655/mo

Est. mortgage payment based on a $850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26636901PS

Interior Features

Bedrooms
7
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.19 Acres

Other Property Details

Garage
Yes
55+/Senior Community
No

Also listed on CLAW

MLS provider logo

Listed by Miguel Briones CA DRE# 01705617 with HomeSmart 760-844-7500

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 8/30/2026 at 2:51 AM UTC Last Checked: 2:51 AM UTC

 

 

Powered by Luxury Presence