$372,000
●
House -
Off Market
51625 Avenida Herrera
La Quinta, CA 92253
3 Beds
2 Baths
1,272 Ft²
$1,891
Est. Monthly
About This Property
Opportunity knocks in the heart of La Quinta Cove! This 3-bedroom,
2-bathroom home offers 1,272 square feet of living space, an
attached two-car garage, and endless potential. Built in 1979, the
property is ready for renovation and perfect for an investor or
buyer with a construction background who sees the value in
transforming a diamond in the rough. The layout provides a solid
foundation for your design vision, whether you're planning a
stylish remodel, a rental-ready flip, or your own desert retreat.
With imagination and some work, this home can be turned into a true
gem. Set against the scenic backdrop of the Santa Rosa Mountains,
this property is located within easy driving distance to the Empire
Polo Grounds--home of the Coachella and Stagecoach music
festivals--as well as the Indian Wells Tennis Garden, host of the
BNP Paribas Open. Hike or bike nearby trails, or enjoy the vibrant
La Quinta lifestyle with local restaurants, shops, and golf just
minutes away. If you're looking for your next project or investment
opportunity in a prime location, this is it!
Unit Size
1,272 Ft²
Days on Market
38 days
Land Size
0.11 acres
Price per sqft
$303
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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: 2 years ago (CRMLS #219132472DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 20, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed by Equity Union | $385,000 | |
| Listed by Equity Union | |||
Property Highlights
Garage
Parking Available
Air Conditioning
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: Mark Wasserman, Equity Union
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219132472DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219132472DA
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