53485 Avenida Alvarado, La Quinta, California 92253, La Quinta, 92253 - 4 bed, 2 bath
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La Quinta, California 92253
This property presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $458,898 Fair Market Value by -3%. While the home maintains a Fair Condition Rating, the recent installation of a newer AC system and a versatile four-bedroom layout provide a solid foundation for value-add improvements. Situated on a corner lot in the La Quinta Cove, this asset offers rare parking flexibility and proximity to Desert Sands Unified schools. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, customizable residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 53485 Avenida Alvarado Subject | $475,000* List Price | 4 | 2 | 1,470 | $312 | - |
A 52070 Avenida Cortez Sold | $431,000 | 3 | 2 | 1,476 | $292 | 0.7 mi |
B 54105 Avenida Mendoza Sold | $371,000 | 3 | 2 | 1,318 | $281 | 0.6 mi |
C 54035 Avenida Juarez Sold | $470,000 | 3 | 2 | 1,700 | $276 | 0.3 mi |
D 52810 Avenida Herrera Sold | $499,999 | 2 | 2 | 1,200 | $417 | 0.4 mi |
E 52145 Avenida Bermudas Sold | $415,000 | 3 | 2 | 1,360 | $305 | 0.9 mi |
F 53060 Avenida Diaz Sold | $521,000 | 4 | 2 | 1,627 | $320 | 0.2 mi |
G 54205 Eisenhower Drive Sold | $440,000 | 3 | 2 | 1,479 | $297 | 0.5 mi |
H 52860 Avenida Raminez Sold | $479,000 | 3 | 2 | 1,380 | $347 | 0.4 mi |
I 77500 Calle Chillon Active | $559,000 List Price | 3 | 2 | 1,629 | $343 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this property is over 45 years old. While the HVAC system is excellent (replaced 2 years ago) and the home is described as 'well kept,' the interior images show dated ceramic tile flooring and basic finishes. It lacks a recent full renovation of the kitchen and baths, placing it in the 'Fair' category due to age and the need for cosmetic updates.
The thoughtfully designed four-bedroom layout offers excellent bedroom separation, making it ideal for multigenerational living, a home office, or guest accommodations.
Situated on a desirable corner lot, the property features a two-car garage and an extended driveway, providing an uncommon amount of parking for the La Quinta Cove area.
A newer AC system installed just two years ago provides peace of mind and energy efficiency, which is a significant value-add in the desert climate.
Built in 1979, the home may require cosmetic modernizations or further system updates to meet the aesthetic preferences of contemporary buyers.
With a lot size under 5,000 square feet, outdoor space is relatively compact, which may limit options for those seeking a large private pool or extensive yard space.
Located in La Quinta Cove, this well kept home offers the space, flexibility, and everyday functionality that make it easy to feel at home from the start. The thoughtfully designed four bedroom layout provides comfortable living with generous gathering spaces and well separated bedrooms, making it easy to accommodate guests, create a dedicated home office, or adapt to changing household needs over time. The thoughtful bedroom separation and flexible layout also provide opportunities for buyers seeking space for multigenerational living, live-in caregivers, or other residential living arrangements. Positioned on a corner lot, the property enjoys a greater sense of openness along with additional outdoor space to relax, entertain, or personalize. A two car garage and extended driveway provide an uncommon amount of parking with room for multiple vehicles, adding convenience that is often hard to find in the Cove. A newer AC system, replaced just two years ago, offers added peace of mind and dependable comfort through the warmer months. Just minutes from scenic hiking trails, Old Town La Quinta, local restaurants, shopping, and everyday conveniences, this home brings together practical updates, a versatile floor plan, and a location that allows you to enjoy everything that makes La Quinta Cove such a desirable place to live.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 1.5 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,470 | 2,476.5 |
| Lot Size | 4,792 | 8,712 |
| Price | $475.0K | $1.00M |
| Price per sq ft | $323 | $397 |
| Built year | 1979 | 2003 |
| HOA | $0 | $545 |
| Days on market | 16 | 71 |
Jul 6, 2026
$475,000
Initial Listing
Apr 10, 2024
$450,000
Public Record