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$ 595,000
Est. payment /mo
Price Dropped by $4K
54066 Avenida Velasco La Quinta, CA 92253
3 Beds
3 Baths
5,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26049263
Bedrooms 3
Lot Size 5,000 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Appraiser
Direction Near Calle Chillon
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 774215005
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, Land Contract, Lease Option, VA
Listing Terms Cal Vet, Cash, Conventional, Exchange, Land Contract, Lease Option, VA
Listed by Karo Karapetyan, DRE#01716318 Blackstone Estates, Inc.