$549,000
-$10,00054066 Avenida Velasco, La Quinta CA 92253
Multi-Family (Duplex)
Property type
102 days
On market
$289
Price per sqft
0 cars
Garage
1974
Year built
5,000 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Karo Karapetyan DRE #01716318, Blackstone Estates, Inc.
Listing updated: Jun 10, 2026 at 05:22am.
Last checked: Jun 14, 2026 at 10:31pm
Source: CRMLS #SR26049263
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $2,500 | $2,500 | — | — |
| 1 | 1 | 1 | — | $1,700 | $1,700 | — | — |
# of Buildings: 2
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 1
Rent Control: No
Total Actual Rent: $4,200
Tenant Pays: Electricity
Financial Snapshot
Gross Rent Multiplier
10.9x
List Price / Annual Gross Rent
Cap Rate
8.49%
NOI / List Price
Gross Scheduled Income: $50,400
Operating Expense: $1
Net Operating Income: $46,600
Annual Operating Expenses
Insurance: $1
Trash: $1
Water / Sewer: $1
Interior
Room Type: Sauna
Heating: Central
Laundry: Laundry Chute, Outside
Entry Location: 2
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Lot Features: Back Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Other Structures: Sauna Private
Garage and Parking
Parking: Circular Driveway, Paved, Private
Garage Spaces: 0
Parking Total: 3
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 774215005
Additional Parcels: No
Tax Lot: 5
Tax Block: 281
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Hiking, Suburban