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    FOR SALE
    Triplexes

    29395 Avenida La Paz Cathedral City, CA 92234

    Built 1990
    Property ID
    US09-4519697
    29395 Avenida La Paz, Cathedral City, CA 92234 For Sale 1 / 43
    $850,000
    29395 Avenida La Paz, Cathedral City, CA 92234
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    Property summary
    AI-generated overview

    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. bikeScore: 36, Somewhat Bikeable walkScore: 12, Car-Dependent

    Property profile
    Verified
    Property type Triplexes
    Year built 1990
    UPID US09-4519697
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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