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28875 Avenida La Paz, Cathedral City, CA 92234

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For Sale

$599,000

6 beds4 baths2,790 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $214.70
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

**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!
MLS# OC25003581

Courtesy Of House of Seven Gables Real Estate Inc.

(714) 500-3300

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Dock
  • Appliances
    Dishwasher, Microwave, Range, Range - Gas, Washer
  • Architecture Style
    New Traditional
  • Exterior Type
    Stucco
  • Floor Covering
    Carpet, Laminate, Tile
  • Heating System
    Central Furnace
  • Roof Type
    Tile

Home seller CENTURY 21 Masters

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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