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28875 Avenida La Paz, Cathedral City, CA 92234
Priced at Only: $650,000
For more Information Call Mobile: 714.478.6676
Address: 28875 Avenida La Paz, Cathedral City, CA 92234
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  • MLS#: OC25003581 ( Duplex )
  • Street Address: 28875 Avenida La Paz
  • Viewed: 13
  • Price: $650,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2002
  • Bldg sqft: 0
  • Days On Market: 103
  • Additional Information
  • County: RIVERSIDE
  • City: Cathedral City
  • Zipcode: 92234
  • Subdivision: Panorama (33545)
  • Provided by: Seven Gables Real Estate
  • Contact: Maria Maria
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    **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 Californias 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 youre 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**. Dont let this opportunity slip byproperties like this dont last long in the Coachella Valley!
Features
Accessibility Features
  1. None
Appliances
  1. Dishwasher
  2. Gas Range
  3. Microwave
Architectural Style
  1. Traditional
Assessments
  1. Unknown
Building Area Total
  1. 2790.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Construction Materials
  1. Drywall Walls
  2. Stucco
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 21
Current Financing
  1. None
Door Features
  1. Sliding Doors
Electric
  1. Standard
Electric Expense
  1. 0.00
Entry Location
  1. ground
Fencing
  1. Partial
Fireplace Features
  1. None
Flooring
  1. Carpet
  2. Laminate
  3. Tile
Foundation Details
  1. Slab
Garage Spaces
  1. 4.00
Gardner Expense
  1. 1200.00
Heating
  1. Central
Insurance Expense
  1. 2065.00
Laundry Features
  1. Inside
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. Front Yard
Netoperatingincome
  1. 63600.00
Otherincomedescription
  1. PRO FORMA
Parcel Number
  1. 675111016
Parking Features
  1. Direct Garage Access
  2. Driveway - Combination
  3. Garage
  4. Garage Faces Rear
  5. Garage - Single Door
Pool Features
  1. None
Postalcodeplus4
  1. 8617
Property Type
  1. Duplex
Roof
  1. Tile
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 429566756:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Panorama (33545)
Totalexpenses
  1. 3985.00
Trash Expense
  1. 0.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
View
  1. None
Views
  1. 13
Water Sewer Expense
  1. 720.00
Water Source
  1. Public
Year Built
  1. 2002
Year Built Source
  1. Assessor
Zoning
  1. R1
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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