Active

54066 Avenida Velasco

La Quinta, CA 92253

$549,000 $2,314/Mo

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Overview

Bed

Bath

1,900

Sqft

5,000

Sqft(Lot)

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.

Property Details

Property Type : Residential Income

Price : $549,000

AD Id : 75937891

MLS Id : SR26049263

Beds : 3

Lot Size : 5,000 Sqft

Living Area Size : 1,900

Year Built : 1974

County : Riverside

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Heating Source

Central Has Heating

Building Information

Year Built: 1974 Building Area Total: 1,900
Pool Features

None

Laundry Features

Laundry Chute,Outside,See Remarks

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1148
Lot Size Source: Estimated Lot Size Square Feet: 5000

Listing Price Information

Original List Price: 549,000 Listing Contract Date: 2026-03-05
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 774215005

Garage and Parking

Garage Description: Circular Driveway,Paved,Private

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: Electricity

Other Property Info

Source Listing Status: Active Source Neighborhood: 313 - La Quinta South of HWY 111 Directions: Near Calle Chillon Source Property Type: Residential Income Area: 313 - La Quinta South of HWY 111 Property SubType: Duplex
Building and Construction

Property Age: 52 Common Walls: No Common Walls Structure Type: Duplex Year Built Source: Appraiser Entry Level: 1 Entry Location: 2 Levels or Stories: One Building Total Stories: 1

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ByOwner last updated this listing 06/14/2026 @ 09:25

MLS: SR26049263 LISTED BY: Karo Karapetyan, Blackstone Estates, Inc. 310-435-8179 SOURCE: CRMLS