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.
AGENT: LISTING BROKERAGE: HomeSmart
Courtesy of HomeSmart. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 29395 Avenida La Paz
Cathedral City, CA
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
335 – Cathedral City North335cathedralcitynorth
Ask a Question
See this Listing
Schools
Interior
Cooling
CA
Heating
CF
Levels
U
Exterior
Garage Spaces
4
Parking Spots
6
Parking Total
6
Financial
Gross Operating Income
$92,340
Net Operating Income
$1,000
Map
Community
- Address29395 Avenida La Paz Cathedral City CA
- CityCathedral City
- CountyRiverside
- Zip Code92234
