52295 Avenida Alvarado, La Quinta, California 92253, La Quinta, 92253 - 2 bed, 2 bath
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La Quinta, California 92253
This La Quinta Cove Asset represents a strategic Value-Add Acquisition for those targeting the desert market. Listed at $330,000 against a $260,783 Fair Market Value, this Complete Fixer-Upper carries a Condition Rating of 6, indicating the primary value lies in the land and its Prominent Mountain Views. Situated near Benjamin Franklin Elementary and La Quinta High School, the property’s location supports significant post-renovation appreciation. As a Probate Sale, it offers a clear path for a total rebuild. This project is ideal for Fix-and-Flip Investors or Builders seeking a high-upside desert project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 52295 Avenida Alvarado Subject | $315,000* List Price | 2 | 2 | 1,068 | $272 | - |
A 52970 Avenida Ramirez Pending | $340,000 List Price | 3 | 2 | 1,403 | $242 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1965 (59 years old) with no evidence of renovation. The listing explicitly states it is a 'complete fixer upper' and 'ideal for builders.' Interior photos show a gutted, non-functional kitchen and significant neglect, meeting the criteria for an unlivable property where value is primarily in the land.
Priced competitively at $330,000, this property represents a prime entry-level opportunity for builders and investors to flip or rebuild in a sought-after desert community.
Situated in the scenic La Quinta Cove, the property offers residents close proximity to world-class hiking trails, the Santa Rosa Mountains, and the amenities of Old Town La Quinta.
The home is conveniently located within a mile of multiple elementary schools, including Benjamin Franklin and John Adams, making it an attractive location for future family-oriented buyers.
Marketed as a 'complete fixer-upper' in 'as-is' condition, the property will require a substantial capital injection to address its 1965-era structure and systems.
As a probate sale, the transaction may be subject to court confirmation and potentially longer closing timelines, which can be a deterrent for buyers seeking a quick move-in.
BACK on the Market! Buyer failed to preform! This is a Probate Sale to be Sold As-Is. Complete Fixer Upper. 2 Bedroom 2 Bath with Lots of Potential!!! Ideal for Builders/Investors to renovated and flip. (No Wholesalers). Property will be need to be connected to the sewer. *Seller will give a credit through escrow toward sewer connection.* May or may not need Court Confirmation/Approval. Only House Available in La Quinta Cove under $400,000. Opportunity Knocks!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,068 | 2,476.5 |
| Lot Size | 4,792 | 8,712 |
| Price | $315.0K | $1.00M |
| Price per sq ft | $295 | $397 |
| Built year | 1965 | 2003 |
| HOA | $0 | $545 |
| Days on market | 89 | 71 |
Jun 25, 2026
$315,000
$325,000
-3% Price Drop
Initial Listing
Jun 4, 2026
$325,000
$330,000
-2% Price Drop
Initial Listing
Apr 24, 2026
$330,000
Initial Listing
Jan 13, 1995
$70,000
Public Record