28875 Avenida La Paz

Cathedral City, CA 92234

$697,000
Price
6
Beds
4
Baths
2,790 Sq. Ft.
$250 / Sq. Ft.
2,790
Sq. Ft.
$250
per Sq. Ft.

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...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.
  1. Listed by Maria Xanthakis • DRE #01322068 • Brokerage DRE #00745605 • Seven Gables Real Estate • 714-785-8914

Property Details for 28875 Avenida La Paz

Architectural Style
Traditional
View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
LISTING UPDATED: 11/18/2024 09:56 PM

Property Details for 28875 Avenida La Paz

StatusActive
MLS #OC24207047
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2002
Lot Size0.20 AC / 8,712 SF
CountyRiverside County

Building Information for 28875 Avenida La Paz

Stories1Residences-Year Built2002Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 28875 Avenida La Paz

Rental Info
Rental Info
  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Telephone, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $34,800
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $34,800
  • Current Financing: None
Expense Details
  • Operating Expense: $1,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $2,065
  • Trash Expense: $0
  • Water Sewer Expense: $720
  • Total Expenses: $2,785
Tax / Assessment Info
  • Tax Tract Number: 2040
  • Tax Census Tract: 449.23
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 44
Community / Development
Community / Development
  • Accessibility Features: None
  • Disability Access: None
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range, Microwave
  • Equipment: Dishwasher, Inside, Microwave
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Primary Bedroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Carpet, Laminate, Tile
Exterior Features
  • Door Features: Sliding Doors
  • Construction Materials: Drywall Walls, Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Tile
  • Entry Location: ground
  • Fence: Yes
  • Fence: Partial
  • Fencing: Partial
  • Foundation Details: Slab
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Direct Entrance
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Direct Garage Access
Property / Structure Info
  • Builders Tract Name: Panorama
  • Builders Tract Code: Panorama (33545)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2800
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 28875 Avenida La Paz

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 28875 Avenida La Paz

Taxable ValueLand$106,478Additions$319,472Total$425,950
Tax Record2024$6,881 ($573 / month)
Home Facts
Beds6Baths4Total Finished SqFt2,790 SqFtAbove Grade Finished SqFt2,790 SqFtStories1Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built2002ZoningR1CountyRIVERSIDEAPN675-111-016Fireplace TypeHas Fireplace

Schools near 28875 Avenida La Paz

This home is within Palm Springs Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Landau Elementary School
PublicK to 5

James Workman Middle School
Public6 to 8

Cathedral City High School
Public9 to 12

Mt. San Jacinto High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

28875 Avenida La Paz is a multi-family home for sale in Cathedral City, CA 92234. This property was listed for sale on October 5, 2024 by Seven Gables Real Estate, it's currently listed at $697,000. It has been on the market for a total of 47 days and was last sold on June 24, 2003. This listing's school district is Palm Springs Unified School District. Nearby schools include Landau Elementary School, James Workman Middle School and Cathedral City High School. 28875 Avenida La Paz is a 6-bed, 4-bath, 2,790 sqft multi-family home built in 2002.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Seven Gables Real Estate, Maria Xanthakis, DRE #01322068

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.