ActiveResidential · sale

54265 Avenida Alvarado

La Quinta, CA 92253

$723,800

  • 4 beds
  • 3 baths
  • 1,996 sq ft
  • 0.23 acres
  • Built 1978

Listed by Compass · MLS #219156008DA

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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54265 Avenida Alvarado, La Quinta, CA 92253 · MLS #219156008DA

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The primary suite offers direct access to he patio with refined designer finishes.

Year built

Built in 1978.

Garage parking

2 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Introducing 54265 Avenida Alvarado, a rare 4 bedroom corner lot pool home positioned at the top of the coveted La Quinta Cove, with direct access to world class hiking and biking trails. This beautifully remodeled single story residence offers 1,996 square feet with 2.5 baths and sits on an exceptional 10,019 square foot double lot in one of the Coachella Valley's most sought after historic neighborhoods. The hard to find 4 bedroom floor plan is a true differentiator in the Cove, offering flexibility for families, guests, a home office, or multigenerational living. Designer finishes and concrete finished flooring run throughout, delivering a modern desert aesthetic that reads as elevated and move-in ready. The remodeled chef's kitchen is the true heart of the home, featuring quartz countertops, upgraded stainless steel appliances, and designer finishes designed for everyday living and effortless entertaining. The primary suite offers direct access to he patio with refined designer finishes. Two additional bedrooms, a dedicated 2.5 bath layout, and a flexible fourth bedroom provide elevated flexibility for guests, a home office, or multigenerational living. Outside is where this corner lot residence truly distinguishes itself. The expansive 10,019 square foot double lot delivers a large heated pool, a true outdoor entertainment area, and dramatic Santa Rosa Mountain backdrops from one of the most private top of the Cove positions. Furnishings are negotiable, offering a true turnkey opportunity for the right buyer. Location is unmatched. Close to Old Town La Quinta for world class shopping, boutiques, art galleries, fine dining, and entertainment. Steps from the iconic La Quinta Cove Trailhead with direct access to the Bear Creek Trail, Cove to Lake Trail, and miles of Santa Rosa Mountain hiking and biking. Students attend the award winning Desert Sands Unified School District. The historic La Quinta Cove is a no HOA neighborhood, delivering the kind of flexibility, character, and walkable desert lifestyle rarely found anywhere else in the Coachella Valley. This is an exceptional opportunity to own a remodeled 4 bedroom corner lot double lot pool home at the top of the La Quinta Cove. Understanding this home, the La Quinta Cove opportunity, and the La Quinta lifestyle is where trusted local expertise makes all the difference.

THE NEIGHBORHOOD

Explore the location.

54265 Avenida Alvarado, La Quinta, CA 92253

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LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$608,146Down 0.3% vs. the previous 12 months
Months of supply4.212-month average
Days on market5312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1978
Full baths
1
Half baths
1
Garage spaces
2
Cooling
CentralAir,WallWindowUnits
Heating
Central,Electric,ForcedAir
Appliances
Dishwasher,ElectricRange,ElectricWaterHeater,Microwave,Refrigerator
Flooring
Concrete
Pool
Yes
Pool features
Gunite,ElectricHeat,InGround
Spa
No
Subdivision
La Quinta Cove
Parcel
774235025

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

Investor outlook Rental potential, ownership costs and property management

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,015.83
Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source does not report one. Confirm whether HOA dues apply before relying on this estimate.

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Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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Listing information

MLS #219156008DA · California Regional MLS

Listing brokerage: Compass
Listing agent: Billy Thoman

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.