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.
Property Details
Price:
$850,000
MLS #:
26636901PS
Status:
Active
Beds:
7
Baths:
5
Type:
Single Family
Neighborhood:
335cathedralcitynorth
Listed Date:
Jan 15, 2026
Finished Sq Ft:
4,442
Total Sq Ft:
4,442
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1990
See this Listing
Schools
Interior
Cooling
CA
Heating
CF
Levels
U
Exterior
Garage Spaces
4
Parking Spots
6
Parking Total
6
Financial
Map
Community
- Address29395 Avenida La Paz Cathedral City CA
- CityCathedral City
- CountyRiverside
- Zip Code92234
Subdivisions in Cathedral City
- Campanile
- Candlewood Villas II
- Candlewood Villas II 33605
- Canyon Shores
- Cathedral Canyon Country Club
- Cathedral City Cove
- Cathedral City Cove 33611
- Cathedral Cyn CC SFR 33610
- Cathedral Springs 33534
- Cathedrl Cyn CC 344A 33609
- Century Park
- Cimarron Cove
- Date Palm Country Club 33613
- Desert Princess
- Desert Princess Condo 33538
- Desert Princess SFR 33539
- Desert Shadows RV Resort 33619
- Dream Homes
- Dream Homes 31422
- Lakeview Villa
- Outdoor Resorts Palm Springs
- Panorama
- Panorama 33545
- Rancho Paloma
- Rancho Village 33625
- Rio Del Sol
- Rio Vista 33547
- Royal Palms
- Serenity Cove
- Serenity Cove 33629
- Shadow Crest
- Shadow Crest 33550
- Tapestry 33551
- The Canyon
- Tramview Mobile Park 33635
- Upper Outpost
- Upper Outpost 33553
- Verano
- Verano 33552
Market Summary
Current real estate data for Single Family in Cathedral City as of Jul 21, 2026
353
Single Family Listed
135
Avg DOM
189
Avg $ / SqFt
$385,869
Avg List Price
Property Summary
- 29395 Avenida La Paz Cathedral City CA is a Single Family for sale in Cathedral City, CA, 92234. It is listed for $850,000 and features 7 beds, 5 baths, and has approximately 4,442 square feet of living space, and was originally constructed in 1990. The current price per square foot is $191. The average price per square foot for Single Family listings in Cathedral City is $189. The average listing price for Single Family in Cathedral City is $385,869.
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29395 Avenida La Paz
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