28135 Avenida La Paz, Cathedral City, California 92234, Cathedral City, 92234 - 0 bed, 0 bath
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Cathedral City, California 92234
This duplex presents a High-Potential Investment Opportunity with a List Price of $590,000, currently aligned with its $590,000 Fair Market Value. Featuring a Condition Rating of 4, this Residential Income asset offers immediate cash flow through two fully rented units on a spacious 7,841 sq. ft. lot. With Mountain Views and proximity to highly-rated schools like Rio Vista Elementary, the property provides long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add duplex in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28135 Avenida La Paz Subject | $590,000* List Price | 0 | 0 | 2,958 | $199 | - |
A 29040 Landau Active | $625,000 List Price | 0 | 0 | 2,800 | $223 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, this duplex is well-maintained and functional but shows its age with mostly original finishes. The kitchen features dated white appliances and cabinetry, and the bathrooms utilize standard 90s-era fixtures. While the property is move-in ready and clean, it lacks the modern renovations or high-end materials associated with a 'good' or 'excellent' rating.
The property consists of two fully rented units, providing immediate cash flow in a high-demand rental market with a strong history of residential income.
Unlike many standard duplexes, these units offer generous living spaces (1,758 and 1,200 sq. ft.) and include private garage parking for both tenants, increasing long-term retention.
Situated on a large 7,841 sq. ft. lot with mountain views, the property is conveniently located near schools, shopping, and major commuter routes, ensuring consistent tenant interest.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1, other record living area = 2958.
The investment analysis is based on proforma (projected) rents rather than actual current lease rates, which may require buyers to verify the current income versus market potential.
As one of thirteen units being sold from an estate, the property may be subject to specific liquidation terms and might require cosmetic updates to reach its full proforma rent potential.
Excellent investment opportunity! Two of thirteen Cathedral City units for sale from this estate. Great residential income-generating Duplex in a strong Cathedral City rental market! 28135 Avenida La Paz, features an over 7,000 square foot private lot and two fully rented units, providing immediate cash flow. One, 3 Bedroom, 2 Bath (1758 SF) with a 2 car garage, and One, 2 Bedroom, 2 Bath (1200 SF) with a one car garage. This property is situated in a desirable location with high rental demand, close to recreation, shopping, dining, schools, and major commuter routes! Analysis is based on proforma rents!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,958 | - |
| Lot Size | 7,841 | - |
| Price | $590.0K | $850.0K |
| Price per sq ft | $199 | $135 |
| Built year | 1991 | 0 |
| HOA | $0 | $0 |
| Days on market | 151 | 90 |
Jun 10, 2026
$590,000
$675,000
-13% Price Drop
Initial Listing
May 7, 2026
$675,000
$803,000
-16% Price Drop
Initial Listing
Feb 21, 2026
$803,000
Initial Listing
Aug 2, 2006
$505,000
Public Record
Jul 12, 2002
$242,000
Public Record