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Listed by Maria Xanthakis • Seven Gables Real Estate
$696,000
Est. payment /mo
2,790 SqFt
Price Dropped by $1K
28875 Avenida La Paz Cathedral City, CA 92234
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UPDATED:
12/20/2024 01:37 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,790 sqft
Price per Sqft $249
Subdivision Panorama
MLS Listing ID OC-24207047
Style Traditional
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
Zoning R1
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Direct Garage Access
Garage Spaces 4.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected
View Y/N No
View None
Building
Lot Description Front Yard
Sewer Public Sewer
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