$850,000
29395 Avenida La Paz, Cathedral City CA 92234
Multi-Family (3 Units)
Property type
141 days
On market
$191
Price per sqft
4 cars
Garage
1990
Year built
8,276 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Miguel Briones DRE #01705617 760-844-7500, HomeSmart, Issac Briones DRE #02180608 760-239-8486, HomeSmart
Listing updated: May 19, 2026 at 05:27pm.
Last checked: Jun 3, 2026 at 09:31pm
Source: CRMLS #26636901PS
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $1,450 | $1,450 | $3,200 | Unfurnished |
| 2 | 3 | 2 | — | $1,450 | $1,450 | $3,200 | Unfurnished |
| 3 | 1 | 1 | — | $800 | $800 | $1,500 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Financial Snapshot
Gross Rent Multiplier
229.7x
List Price / Annual Gross Rent
Cap Rate
0.12%
NOI / List Price
Net Operating Income: $1,000
Interior
Cooling: Central Air
Heating: Central
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Door Multi, Driveway, Garage
Garage Spaces: 4
Uncovered Spaces: 2
Parking Total: 6
Lot Information
Land Lease: No
Parcel #: 675231029
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 29395 Avenida La Paz, Cathedral City, CA 92234. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$680,000
Total Interest
$867,303
Total Payment
$1,547,303
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,333
per month
Property History for 29395 Avenida La Paz
Cathedral City Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92234.
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