54066 Avenida Velasco La Quinta, CA ^$ 619,999

54066 Avenida Velasco

^$ 619,999

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Recently Listed

54066 Avenida Velasco

La Quinta, CA, 92253

^$ 619,999

Studio Baths1.0 Sq 1,900

Monthly Estimate*

^$ 3,817

Listed by Blackstone Estates, Inc.

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Studio

Multi-Family Home for sale in La Quinta, CA

for $619,999 with 1 full bath. This 1,900 square foot home was built in 1974 on a lot size of 0.1148.

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.

Multi-Family Active

Price

^$ 619,999

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1148

Year Built

1974

Town/City

La Quinta

County/Region

Riverside

MLS | Web ID

SR26049263

Days on Market

Features

General

Sewer Public Sewer

Heating Central

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1974

Tenant Pays Electricity

Stories Count 1

Levels One

Property Subtype Duplex

Gross Income 50400

Community Features Hiking Suburban

County Riverside

Net Operating Income 46600

Operating Expense 1

Insurance Expense 1

New Construction false

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Near Calle Chillon

City La Quinta

Entry Location 2

Senior Community Y/N false

Number Of Units Total 2

MLS Area 313 - La Quinta South of HWY 111

Lot Size Units Square Feet

Lot Size Square Feet 5000

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

Property Attached Y/N false

Land Lease Y/N false

Trash Expense 1

Water Sewer Expense 1

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Appraiser

Tax Lot 5

Total Actual Rent 4200

Property Sub Type Additional Duplex

Expected Active Date 2026-03-06

Interior

Total Stories 1

Common Walls No Common Walls

Heating Y/N true

Laundry Features Laundry Chute Outside See Remarks

Entry Level 1

Exterior

Parking Features Circular Driveway Paved Private

Lot Features Back Yard

Water Source Public

Total Parking 0

Lot Size Area 5000

Number of Buildings 2

Building Area Total 1900

Lot Size Acres 0.1148

Private Pool false

Lot Size Source Estimated

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Blackstone Estates, Inc.

Broker

Karo@Karapetyan.com

Affordability Calculator

$3,817

Per Month

Monthly Principal & Interest: $3,817
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in La Quinta, CA

Average List Price ^$47,375,000

Percent of Sale Price 7,541%

About La Quinta, CA

40,988 Population

59% Since 2002

^$71,367 Median Income

47.4 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/6/2026	$619,999		Listed Price

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54066 Avenida Velasco, La Quinta, CA, 92253 is a Multi-Family Home for sale at $619,999 with 1,900 sqft and a lot size of 0.1148. 54066 Avenida Velasco is a studio with 1.0 baths and was built in 1974. The property's zip code is 92253 which is in La Quinta, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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54066 Avenida Velasco

Multi-Family Home for sale in La Quinta, CA

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