Income-Generating Triplex in Cathedral
29395 Avenida La Paz, Cathedral City, CA 92234
MULTI_FAMILY - Cathedral City, CA
Property size:
4,442 SFLot size:
0.19 AcresPrice / SF:
$191/SF- Added:
- Jan 7, 2026
- Days on Market:
- 122
- Last Refresh:
- May 9 at 2:06 pm
Property Features for 29395 Avenida La Paz
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 5, Bathroom 5, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 7
- Parking
- 6
- Parking features
- Driveway, Garage
- Standard status
- Active
- APN
- 675-231-029
- Size
- 4,442 SF
- Lot size
- 0.19 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1990
- Floors in Building
- 2
- Number of units
- 3
Listing agent Miguel Briones License #01705617 (760) 969-8401
Listing office HomeSmart Professionals 431 S Palm Canyon Drive Suite 100 Floor 1, Palm Springs, CA (760) 844-7500
Listing date Jan 7, 2026
MLS# 26636901PS
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Immediate and consistent cash flow from three fully rented units.
- Strong rental market location in Cathedral City.
- Desirable unit mix: two 3‑bedroom/2‑bathroom units and one 1‑bedroom/1‑bathroom unit.
- Two separate 2‑car garages provide added value and convenience for tenants.
- Ideal for investors seeking stable rental income or owner‑occupants.
- Convenient location close to shopping, dining, schools, and major commuter routes.
Overview
This residential income-generating triplex is located in a strong rental market in Cathedral City. Situated at 29395 Avenida La Paz, the property features three fully rented units, providing immediate and consistent cash flow. The unit mix includes two units with 3 bedrooms and 2 bathrooms each, and one unit with 1 bedroom and 1 bathroom. The property also offers two separate 2-car garages, adding value and convenience for tenants. The property size is 4442 square feet and the lot size is 0.19 acres. This is an 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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Cathedral City
- County
- Riverside
- State
- California
- Longitude
- -116.47468
- Latitude
- 33.835138
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Residential income property with three units in a strong rental market.
Where is this triplex located?
The property is located at 29395 Avenida La Paz Cathedral City, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Immediate and consistent cash flow from three fully rented units.; Strong rental market location in Cathedral City.; Desirable unit mix: two 3‑bedroom/2‑bathroom units and one 1‑bedroom/1‑bathroom unit.
