$394,500
●
House -
Off Market
52162 Avenida Velasco
La Quinta, CA 92253
3 Beds
2 Baths
1,115 Ft²
$1,960
Est. Monthly
About This Property
Mid Century Modern home! This home offers up all of the charm
on a double lot. Find this home tucked behind a wall with
fencing around the entire lots. The home is in need of TLC and
livable but sure could be a gem. The main home features two
bedrooms and one bath with an open concept floor plan. There
is a bonus casita that is separate with its own kitchen and bath.
A large swimming pool with some super Mountain view's is also
part of this great a package! With two separate living spaces
it could be an ideal family full time or vacation rental situation.
The home is located higher up in the cove but a short drive or bike
ride to the Old Town La Quinta Village. Also a short walk
away are several hiking and biking trails. If you are looking
for an extra large lot with room to grow and a home to put your own
touch on look no further!
Unit Size
1,115 Ft²
Days on Market
35 days
Land Size
0.17 acres
Price per sqft
$358
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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 #219132200DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jul 10, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Listed by Allison James Estates & Homes | $399,000 | |
| Listed by Allison James Estates & Homes | |||
| Jun 16, 2025 | Price Decreased |
$399,000
↓ $36K
(8.3%) | |
| Price Decreased | |||
| Jun 3, 2025 | Price Decreased |
$435,000
↓ $14K
(3.1%) | |
| Price Decreased | |||
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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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jessica Bailey, Allison James Estates & Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219132200DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219132200DA
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