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$599,000 -$10,000 (-1.64%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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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.

Full Property Details for 54066 Avenida Velasco

General

  • Price: $599,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: SR26049263
  • Updated: 4/2/2026
  • Days on Market: 28 days
  • Added to Site: 29 day(s) ago

Interior

  • Rooms/Areas: Sauna

Rooms

Other Rooms

  • Laundry: Laundry Chute, See Remarks, Outside

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Paved, Circular Driveway, Private
  • Parking: Paved, Circular Driveway, Private

Location

  • Area: 313 - La Quinta South of HWY 111
  • County: Riverside
  • Development Name: 313 - La Quinta South of HWY 111
  • Driving Directions: Near Calle Chillon

Heating & Cooling

  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Entry Location: 2
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,900
  • Year Built: 1974

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 2
  • Bedrooms: 2

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: Private Sauna

Lot Features

  • Lot Size (Acres): 0.1148
  • Lot Size (Sq. Ft.): 5,000
  • Lot Size Source: Estimated
  • Lot Description: Back Yard

Financial Considerations

  • Price Per Sq. Ft.: $315.26
  • Price Per Unit: 299500

Listed by Blackstone Estates, Inc., Karo Karapetyan

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Listing agent

— 54066 Avenida Velasco —

  • Karo Karapetyan

    Blackstone Estates, Inc.

310-435-8179

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 54066 Avenida Velasco

School District:Desert Sands Unified School District
NameGradesDistance
Harry S. Truman Elementary School
78-870 Ave. 50, La Quinta, CA 92253
K-52.5 mi
La Quinta Middle School
78-900 Ave. 50, La Quinta, CA 92253
6-82.6 mi
La Quinta High School, La Quinta, CA
79-255 Blackhawk Way, La Quinta, CA 92253
9-124.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 54066 Avenida Velasco Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Price Reduced
$599,000
-1.64%
MLS
3/21/2026
Price Reduced
$609,000
-1.77%
MLS
3/06/2026
Listed
$619,999
26.53%
MLS
5/12/2022
Sold
$490,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 54066 Avenida Velasco

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,623
3%
$519,989
2%
2024
$7,428
3%
$509,794
2%
2023
$7,199
177%
$499,799
272%
2022
$2,596
4%
$134,330
2%
2021
$2,499
2%
$131,697
1%
2020
$2,456
2%
$130,347
2%
2019
$2,398
7%
$127,792
2%
2018
$2,241
1%
$125,287
2%
2017
$2,210
2%
$122,831
2%
2016
$2,174
7%
$120,424
2%
2015
$2,023
1%
$118,617
2%
2014
$1,995
1%
$116,295
—
2013
$1,983
—
$115,770
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 54066 Avenida Velasco

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Blackstone Estates, Inc., Karo Karapetyan

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54066 Avenida Velasco, La Quinta, CA 92253 (MLS# SR26049263) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 54066 Avenida Velasco is currently listed for $599,000 and was received on March 06, 2026. Want to learn more about 54066 Avenida Velasco? Do you have questions about finding other Multi-Family real estate for sale in La Quinta? You can browse all La Quinta real estate or contact a Coldwell Banker agent to request more information.

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