28875 Avenida La Paz Active

Cathedral City,CA 92234

$ 699000

- Bed

- Bath

2790 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,790 sqft

Price per Sqft $250

Subdivision Panorama (33545)

MLS Listing ID OC24207047

Year Built 2002

Lot Size 8,712 Sqft

Property Description

This exceptional investment opportunity features a duplex with 6 bedrooms and 4 full bathrooms, offering both income potential and a comfortable living arrangement. Live in one unit while renting the other, or enjoy rental income from both?each unit offers 3 spacious bedrooms, 2 bathrooms, and an attached 2-car garage. Both units include a laundry room, independent water heaters, air conditioning, heating systems, and utility meters.

With expansive open floor plans, each unit features a large kitchen that flows into a generous living area and a private patio for outdoor relaxation. Outside, enjoy the maintenance-free backyard and enclosed patio for entertaining.

Both units are very well-maintained and currently occupied by long-term tenants, providing immediate rental income. Convenient parking includes attached garages and 4 additional driveway spaces. Situated close to major roads, schools, parks, shopping, and downtown Palm Springs, this prime location offers long-term growth potential. With low expenses, easy maintenance, and high demand from tenants, this property is priced to sell quickly, offering tremendous upside for both investors and owner-occupants.

Location

State CA

County Riverside

Area 335 - Cathedral City North

Zoning R1

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Heating Central

Cooling Central Air

Flooring Carpet,Laminate,Tile

Fireplaces Type None

Laundry Inside

Exterior

Garage Direct Access,Garage

Garage Spaces 4.0

Garage Description 4.0

Fence Partial

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected

View Y/N No

View None

Roof Type Tile

Building

Lot Description Front Yard

Story 1

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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