
La Quinta, California 92253
This Value-Add Desert Asset is listed at $399,000, positioned relative to a $270,120 Fair Market Value that reflects its current Poor Condition Rating. The primary value is anchored in the Oversized 7,841 Sqft Lot and breathtaking Santa Rosa Mountain Views, with additional upside via two available adjacent parcels. Located in the desirable La Quinta Cove near Old Town and Desert Sands Unified Schools, the property requires a full-scale renovation to unlock its maximum ROI. This project is a strategic land-heavy acquisition ideal for Fix-and-Flip Investors or Contractors seeking a high-upside desert redevelopment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 52295 Avenida Herrera Subject | $399,000* List Price | 2 | 2 | 1,091 | $248 | - |
A 51785 Avenida Ramirez Sold | $350,000 | 2 | 2 | 1,248 | $280 | 0.3 mi |
B 52425 Avenida Mendoza Sold | $399,000 | 3 | 2 | 1,230 | $324 | 0.2 mi |
C 53135 Avenida Mendoza Sold | $348,000 | 3 | 2 | 1,207 | $288 | 0.5 mi |
D 52200 Eisenhower Sold | $385,000 | 3 | 2 | 1,314 | $293 | 0.1 mi |
E 52145 Avenida Bermudas Active | $399,000 List Price | 3 | 2 | 1,360 | $293 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965, this property is explicitly marketed as a 'renovation project,' and the images confirm its poor condition. The kitchen features original, extremely dated wood cabinets, worn laminate countertops, and very old appliances (including a yellow built-in oven and coil cooktop). The bathrooms are equally outdated with basic vanities, old fixtures, and dated tile flooring. Throughout the home, the carpet is heavily stained and worn, and popcorn ceilings are visible. Major systems are likely original or very old, requiring substantial rehabilitation and replacement to meet modern standards. This property is far from move-in ready and requires significant investment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1091.
Situated in the heart of La Quinta Cove, minutes from Old Town La Quinta, hiking trails, golf, and dining, offering a highly desirable lifestyle.
An oversized 7,841 square foot lot provides significant potential for expansion, creating a dream outdoor space, or even new construction.
Built in 1965, the property is explicitly marketed as a renovation project, indicating a need for substantial updates and financial investment.
With 1,091 square feet, the home offers a relatively smaller living area for a 2-bedroom, 2-bath property, which may not suit all buyer preferences.
Beyond the purchase price, buyers should anticipate significant additional investment for necessary upgrades, modernization, and potential expansion.
Opportunity knocks in the heart of La Quinta Cove! This charming 2-bedroom, 2-bath home offers 1,091 square feet of living space on an oversized 7,841 square foot lot—perfect for investors, flippers, or buyers ready to bring their vision to life. Nestled against the breathtaking backdrop of the Santa Rosa Mountains, this property offers serene desert beauty and incredible potential. The spacious lot provides room to potentially expand, create your dream outdoor space, or build new. (buyer to investigate). Even more exciting: the seller is also offering two adjacent parcels for sale, presenting a rare opportunity to combine and create one expansive estate-sized property. Don’t miss your chance to own in one of La Quinta’s most desirable neighborhoods, just minutes from Old Town La Quinta, hiking trails, golf, dining, and more. Whether you’re looking for a renovation project or a land investment with upside, this is the one. Endless potential, incredible views—schedule your showing today!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 7% |
| Baths | 2.0 | 3.0 | 26% |
| Square foot | 1,091 | 2,596.5 | 0% |
| Lot Size | 7,841 | 9,148 | 36% |
| Price | $399.0K | $969.0K | 1% |
| Price per sq ft | $366 | $400 | 41% |
| Built year | 1965 | 2002 | 1% |
| HOA | $0 | $545 | 21% |
| Days on market | 334 | 168 | 95% |
Feb 3, 2026
$399,000
$450,500
-11% Price Drop
Initial Listing
May 23, 2025
$450,500
Initial Listing