$650,000
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28875 Avenida La Paz Cathedral City, CA 92234
Duplex
Residence
Beds
Baths
...
Bed/Bath
2,790
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
**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!
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MLS#
OC25003581
Property Type
Duplex
Year Built
2002
Square Feet
2,790
sq. ft
Lot Size
0.2
Stories
1.0
Sewer
Sewer Connected, Public Sewer
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