54066 Avenida Velasco, La Quinta, CA 92253
- $534,000
- List Price
- $534,000
- Price Change
- ▼ $5,000 1783556668
- Status
- ACTIVE
- MLS#
- SR26049263
- Year Built
- 1974
- Lot Size
- 5,000
- Acres
- 0.11
- Lot Location
- Back Yard
- Days on Market
- 143
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
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.
Additional Information
- Other Buildings
- Sauna Private
- Pool Description
- None
- Heat
- Central
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $50,400
- Operating Expense
- 1
Listing courtesy of Listing Agent: Karo Karapetyan (Karo@Karapetyan.com) from Listing Office: Blackstone Estates, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.