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About This Home
This 7-bedroom, 5-bathroom residential multi family at 29395 Avenida La Paz in Cathedral City, CA is listed for $850,000 ($191 per sqft). Built in 1990, the home offers 4,442 sqft of living space on a 0.19 acres lot.
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.
Key Features
- Built in 1990
- 0.19 acre lot
- 2 stories
- 6 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$4,546/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
29395 Avenida La Paz
Cathedral City, CA 92234
Property Details
Parking
Heating
Cooling
Questions & Answers
This 7-bedroom, 5-bathroom residential multi family at 29395 Avenida La Paz is listed at $850,000 ($191/sqft). The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.
Key features include: Built in 1990, 0.19 acre lot, 2 stories, 6 parking spaces.
This property is listed by Miguel Briones and can be reached at 7609698401 or brionesmcarthy@gmail.com.
