Homes for sale - 28875 Avenida La Paz, Cathedral City, CA 92234

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GUIDE Real Estate

listings@guiderealestate.com +1(916) 975-2700

$ 650,000

Est. payment | -/mo

6 Beds

4 Baths

2,790 SqFt

Save

$ 650,000

Est. payment | -/mo

Save

6 Beds

4 Baths

2,790 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,790 sqft

Price per Sqft $232

Subdivision Panorama

MLS Listing ID OC25003581MR

Style Traditional

Bedrooms 6

Year Built 2002

Lot Size 8,712 Sqft

Property Description

**Best Deal in the Coachella Valley! 6 Bedrooms, 4 Bathrooms Duplex Investment with Huge Upside Potential** This is a **rare opportunity** to own a well-maintained duplex in **Cathedral City**, just minutes from Palm Springs, at an unbeatable price. Featuring **6 bedrooms** and **4 bathrooms** across two spacious 3-bedroom, 2-bathroom units, this property offers **under-market rents** and incredible income potential. The current rents of **$1,500 per unit** are far below what similar units in the area are commanding **pro forma rent is $2,700 per unit**, making this a high-return opportunity! Comparable properties in the area have recently sold for **$835,000** and **$765,000**, but you can secure this **exceptional investment for just $655,000** the **best deal in the Coachella Valley**! Located in the heart of one of Southern California s most sought-after regions, this duplex is a perfect blend of **affordable living** and **prime investment value**. The Coachella Valley is famous for its **year-round sunshine**, stunning mountain views, and proximity to top attractions like **Joshua Tree National Park**, **the Coachella Music Festival**, and the **Living Desert Zoo**. With strong demand for rental properties in this booming area, the potential for future appreciation is substantial. Each unit is designed for maximum comfort and functionality, with **open floor plans**, **spacious kitchens**, and **private patios** that enhance the indoor-outdoor living experience. The property also includes **2-car attached garages** for each unit, **private laundry rooms**, and **separate utilities**, making it **low-maintenance** for both owners and tenants. With **4 additional parking spaces**. The property is currently **tenant-occupied**, providing immediate rental income, and represents a **stable, low-expense investment**. **Annual gross income** is approximately **$64,800**, with only **$3,985 in operating expenses**, making it a highly profitable asset. The current tenants have leases through **July 2025**, offering a secure, hands-off investment with reliable cash flow. Whether you re a savvy investor looking to add to your portfolio or an owner-occupant seeking a property with income potential, this duplex offers **unmatched value**, **flexibility**, and **location**. Don t let this opportunity slip by properties like this don t last long in the Coachella Valley!

Location

State CA

County Riverside

Area Cathedral City North

Zoning R1

Interior

Heating Central

Cooling Central

Fireplaces Type None

Equipment Dishwasher, Inside, Microwave

Laundry Inside

Exterior

Parking Features Direct Entrance, Driveway - Combination, Garage, Garage - 1 Car

Garage Spaces 4.0

Fence Partial

Pool None

Community Features Sidewalks

View Y/N No

View None

Roof Type Tile

Handicap Access None

Building

Story 1

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Stucco

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Seven Gables Real Estate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 975-2700

listings@guiderealestate.com

1610 R Street, Sacramento, California, 95811, United States

28875 Avenida La Paz Cathedral City, CA 92234