29395 Avenida La Paz, Cathedral City, CA 92234

• 7 beds
• 4,442 sqft

Property Description

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.

Listing Status:

Active

Date Added:

January 7, 2026

Data Last Updated:

July 5, 2026 at 3:08PM

Listing Office:

HomeSmart : 760-844-7500

Listing Agent:

Miguel Briones : 760-844-7500

MLS ID:

CL26636901PS

Interior

• A/C: Central Air
• Heating: Central

Exterior

• Parking: OtherParking spaces: 6

Location

• County: Riverside

Lot

• Zoning: 675231029