54066 Avenida Velasco, La Quinta, CA 92253

$534,000
1,900
SqFt

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List Price
$534,000
Price Change
▼ $5,000 1783556800
Status
ACTIVE
MLS#
SR-26049263
Year Built
1974
Living Sq. Ft
1,900
Lot Size
5,000
Days on Market
145
Property Type
Multifamily
Stories
1

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.

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Listing courtesy of Blackstone Estates, Inc..