CnC Realty
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$559,000

54066 Avenida Velasco

La Quinta, CA 92253

Active

1974

Year Built

Riverside

County

Duplex

Property Type

About this home

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.

Listed by Karo Karapetyan · DRE #01716318 · Blackstone Estates, Inc.
MLS #1154494965
ListedMar 5, 2026

Property Details

Architecture

Stories1
StyleN/A
Total Units2
RoofN/A
Garage Spaces0
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingCentral
FireplaceN/A
LaundryLaundry Chute, Outside, See Remarks
Parking FeaturesCircular Driveway, Paved, Private
Parking Total3
Patio & PorchN/A
Entry Level1
Entry Location2
Common WallsNo Common Walls

Property Features

Lot Size0.11 ac
Lot FeaturesBack Yard
ViewN/A
DirectionsNear Calle Chillon

Community

Area313 - La Quinta South of HWY 111
School DistrictN/A

Tax & Financial

TermsCash, Conventional, Contract, Cal Vet Loan, Exchange1031, Lease Option, Private Financing Available, Submit, Va Loan
Land LeaseNo
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$2,975/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 3:00 PM

The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. 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 herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.