39
Map
$469,000
●
House -
For Sale
51420 Avenida Velasco
La Quinta, CA 92253
4 Beds
2 Baths
1,303 Ft²
$2,303
Est. Monthly
About This Property
Welcome to this super clean, move-in ready family home perfectly
situated in the La Quinta Cove. Boasting a spacious and open
4-bedroom, 2-bathroom floor plan across 1,303 square feet of living
space, this single-family residence is an incredible find. Step
inside to discover a bright interior featuring fresh decorative
paint and brand-new, plush carpeting throughout. The heart of the
home centers around a generous kitchen complete with sleek granite
countertops, an open-concept layout ideal for entertaining.
Outside, the property offers a fully enclosed, shaded rear
patio--perfect for relaxing under the desert sky--along with a
large 2-car garage and an extended 2-car driveway. Nestled in the
lower cove area, you are just a short walk from local parks, hiking
trails, and all of the vibrant dining, shopping, and boutique
amenities of Old Town La Quinta. Don't miss this desert gem!
Unit Size
1,303 Ft²
Days on Market
55 days
Land Size
0.11 acres
Price per sqft
$360
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 days ago (CRMLS #219152895DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Listed by The Locklear Group | $469,000 | |
| Listed by The Locklear Group | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Flooring Type: Carpet, Tile
Exterior Details
Square Footage: 1303
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1998
Levels: One
Lot Features: SprinklerSystem
Lot Size Area: 4792
Lot Size Units: Square Feet
Lot Size Acres: 0.11
Lot Size Square Feet: 4792
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Linda Locklear, The Locklear Group
Last Updated: 4 days ago
Data Source: CRMLS, MLS# 219152895DA
Last Updated: 4 days ago
Data Source: CRMLS, MLS# 219152895DA
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