54066 Avenida Velasco, La Quinta, CA 92253
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54066 Avenida Velasco, La Quinta, CA 92253
54066 Avenida Velasco, La Quinta, CA 92253
54066 Avenida Velasco, La Quinta, CA 92253
54066 Avenida Velasco, La Quinta, CA 92253
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Brad Schmett

Brad Schmett

+1(760) 880-5845
$ 589,000
Est. payment /mo
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Price Dropped by $6K

54066 Avenida Velasco La Quinta, CA 92253

5,000 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26049263

HOA Y/N No

Year Built 1974

Lot Size 5,000 Sqft

Property Sub-Type Duplex

Property Description

Prime La Quinta Cove income property — two homes on one lot. This rare duplex offers two detached, single-story units with separate electric meters and no common walls. The larger front unit features 2 bedrooms, 2 bathrooms, quartz countertops, central A/C, in-unit laundry, and a sauna. The rear unit offers 1 bedroom, 1 bathroom with a new A/C unit. Enjoy mountain views, a circular driveway with 4 parking spaces, and a walkable location near Old Town La Quinta, Arnold Palmer Restaurant, and Lavender Bistro. Currently back house is tenant-occupied with combined rents of $4,200 a month/$50,400 annually. No HOA. Buyer to cooperate with Seller's 1031​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​‌​​​​​‌​‌​​​‌​​ exchange.

Location

State CA

County Riverside

Area 313 - La Quinta South Of Hwy 111

Rooms

Other Rooms Sauna Private

Interior

Heating Central

Fireplace No

Laundry Laundry Chute, Outside, See Remarks

Exterior

Parking Features Circular Driveway, Paved, Private

Pool None

Community Features Hiking, Suburban

Total Parking Spaces 3

Private Pool No

Building

Lot Description Back Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Sauna Private

New Construction No

Others

Senior Community No

Tax ID 774215005

Acceptable Financing Cash, Conventional, Contract, Cal Vet Loan, 1031 Exchange, Lease Option, Private Financing Available, Submit, VA Loan

Listing Terms Cash, Conventional, Contract, Cal Vet Loan, 1031 Exchange, Lease Option, Private Financing Available, Submit, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Karo Karapetyan Blackstone Estates, Inc. 310-435-8179, DRE #01716318
Brad Schmett

Brad Schmett

CEO / President | License ID: 01275226

+1(760) 880-5845

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54066 Avenida Velasco