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 /… Read More 2 bathrooms. Unit #3: 1 bedroom / 1 bathroomThe property also offers two separate 2-car garages, adding value and convenience for tenants.This is an ideal 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. Do not miss this opportunity to secure a multi-unit property in a thriving rental market. Read Less
Property listed by HomeSmart Professionals, Miguel Briones 310-259-7556
Listing Snapshot
Days Online
119
Last Updated
Beds
7
Square Ft.
4,442
Lot Size
0.19 Acres
Year Built
1990
MLS Number
26636901PS
Additional Details
Building
Built in 1990, Living area: 4442.0, 2 buildings, 2 stories, Levels: Two
Cooling
CentralAir
Garage
4 spaces
Heating
Central
Income
Gross Income: $3,700, Net Operating Income: $1,000
Lot
0.19 acres
Parking
2 open parking spaces, 6 total parking spaces, DoorMulti, Driveway, Garage
Taxes
Parcel Number: 675231029
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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