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Income-Generating Triplex in Cathedral City

29395 Avenida La Paz, Cathedral City, CA 92234

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For Sale

$850,000

MULTI_FAMILY - Cathedral City, CA

Property size:

4,442 SF

Lot size:

0.19 Acres

Price / SF:

$191/SF

HighLights

Residential triplex at 29395 Avenida La Paz with three fully rented units
Unit mix: two 3BD/2BA units plus one 1BD/1BA unit
Two separate 2‑car garages on the property
Central heating and central air conditioning
Built in 1990

We can help!

Contact an agent

Miguel Briones

For Sale

$850,000

MULTI_FAMILY - Cathedral City, CA

Property size:

4,442 SF

Lot size:

0.19 Acres

Price / SF:

$191/SF

Added:: Jan 7, 2026
Days on Market:: 176
Last Refresh:: Jul 2 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: Bathroom 4, Bedroom 3, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2, Bathroom 5
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

We can help!

Contact an agent

Miguel Briones

Listing agent Miguel Briones License #01705617

Listing office HomeSmart 431 S Palm Canyon Drive Suite 100 Floor 1, Palm Springs, CA

Listing date Jan 7, 2026

MLS# 26636901PS Listing URL

HighLights

Residential triplex at 29395 Avenida La Paz with three fully rented units
Unit mix: two 3BD/2BA units plus one 1BD/1BA unit
Two separate 2‑car garages on the property
Central heating and central air conditioning
Built in 1990

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 Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

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Local Demand

City: Cathedral City
County: Riverside
State: California
Longitude: -116.47468
Latitude: 33.835138

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For sale
Triplexes
CA
Cathedral City
92234
29395 Avenida La Paz

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: Residential triplex at 29395 Avenida La Paz with three fully rented units; Unit mix: two 3BD/2BA units plus one 1BD/1BA unit; Two separate 2‑car garages on the property

29395 Avenida La Paz, Cathedral City, CA 92234

MULTI_FAMILY - Cathedral City, CA

Property Features for 29395 Avenida La Paz

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Commercial Building on Date Palm

Single-Story Industrial Building with Roll-Up Doors

Retail Building on Date Palm

Commercial Building on Date Palm

Iconic Firehouse in Downtown Cathedral

Retail Building on Date Palm

Auto Repair Business Opportunity

RV Lot in Active Community

Historic Firehouse Flex Building

Established Restaurant with Liquor License

Multi-Zoned Land Parcel

Two Buildings in Opportunity Zone

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