CA > Cathedral City > Panorama (33545)
Cathedral City, CA 92234,28875 Avenida La Paz
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Cathedral City, CA 92234,28875 Avenida La Paz
Cathedral City, CA 92234,28875 Avenida La Paz
Cathedral City, CA 92234,28875 Avenida La Paz
Cathedral City, CA 92234,28875 Avenida La Paz
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Rick Lee

Rick Lee

+1(714) 943-1598
$ 696,000
Est. payment /mo
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Price Dropped by $1K

28875 Avenida La Paz Cathedral City, CA 92234

8,712 Sqft Lot

UPDATED:

12/10/2024 05:32 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Panorama (33545)

MLS Listing ID OC24207047

HOA Y/N No

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

Interior

Interior Features All Bedrooms Down, Bedroom on Main Level, Main Level Primary

Heating Central

Cooling Central Air

Flooring Carpet, Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Gas Range, Microwave

Laundry Inside

Exterior

Parking Features 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

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Lot Description Front Yard

Story 1

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 675111016

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Maria Xanthakis • Seven Gables Real Estate • 714-785-8914

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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