Two-Unit Duplex With
28135 Avenida La Paz Cathedral City, CA 92234
For Sale
Contact for pricing
Duplex offering two fully rented units, including 3-bedroom and 2-bedroom layouts with attached garages.
Property Size2,958 SF
Price / SF$271.47
Days on Market154
Property Features for 28135 Avenida La Paz
General Information
- Standard status
- Active
- Size
- 2,958 SF
- Property subtype
- Multifamily
Listing Agency:
Team Chamberlain Realty Exe.
(714) 875-5336
Listed By:
Dave Chamberlain · License #00762670
Source:
Crexi
Added: Feb 20
Changed: Jul 23
Last Checked: Jul 23 at 10:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Team Chamberlain Realty Exe.
Investment Insights
Based on property information with market context.
This duplex features two fully rented residential units on a private lot totaling over 7,000 square feet. Unit 1 is a 3-bedroom, 2-bath home with approximately 1,758 square feet and a 2-car garage. Unit 2 offers a 2-bedroom, 2-bath layout with approximately 1,200 square feet and a one-car garage.
The property is located in Cathedral City near recreation, shopping, dining, schools, and major commuter routes. The provided analysis is based on pro forma rents.
The property is located in Cathedral City near recreation, shopping, dining, schools, and major commuter routes. The provided analysis is based on pro forma rents.
Key Highlights
- Duplex with two fully rented units in Cathedral City
- Over 7,000 SF private lot at 28135 Avenida La Paz
- 3 bed, 2 bath unit is 1,758 SF and includes a 2‑car garage
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.6k | $25.56 |
| − Vacancy | −$1.4k | −$0.46 |
| EGI | $74.2k | $25.10 |
| − OpEx | −$22.3k | −$7.53 |
| NOI | $52.0k | $17.57 |
2,958 SF · lease $25.56/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$742.5K
$649.7K – $866.2K
NOI $51,972 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$684.0K
$598.5K – $798.0K
NOI $47,880 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$886.2K
$775.4K – $1.03M
NOI $62,032 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex offering two fully rented units, including 3-bedroom and 2-bedroom layouts with attached garages.
Where is this duplex located?
The property is located at 28135 Avenida La Paz Cathedral City, CA.
What is the asking price?
The asking price for this property is $803,000.
What are key features of this property?
This property features: Duplex with two fully rented units in Cathedral City; Over 7,000 SF private lot at 28135 Avenida La Paz; 3 bed, 2 bath unit is 1,758 SF and includes a 2‑car garage
