53780 Avenida Diaz, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 2 bath
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La Quinta, California 92253
This property presents a High-Potential Investment Opportunity with a List Price of $489,000—positioned well below the $497,111 Fair Market Value by 1.6%. This valuation gap offers $8,111 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates but offers significant upside through its Oversized Lot and flexible floor plan. With Unobstructed Mountain Views and proximity to local schools, this is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 53780 Avenida Diaz Subject | $450,000* List Price | 3 | 2 | 1,776 | $275 | - |
A 54035 Avenida Juarez Sold | $470,000 | 3 | 2 | 1,700 | $276 | 0.1 mi |
B 54805 Avenida Carranza Sold | $420,000 | 3 | 3 | 1,812 | $232 | 0.5 mi |
C 54180 Avenida Cortez Sold | $410,150 | 3 | 2 | 1,515 | $271 | 0.2 mi |
D 54205 Eisenhower Drive Sold | $440,000 | 3 | 2 | 1,479 | $297 | 0.4 mi |
E 52725 Avenue Alvarado Sold | $499,000 | 3 | 2 | 1,529 | $326 | 0.6 mi |
F 51905 Avenida Rubio Sold | $525,000 | 3 | 2 | 1,621 | $324 | 1.0 mi |
G 52740 Avenida Alvarado Sold | $335,000 | 3 | 2 | 1,514 | $221 | 0.6 mi |
H 53060 Avenida Diaz Sold | $521,000 | 4 | 2 | 1,627 | $320 | 0.4 mi |
I 53100 Avenue Vallejo Active Under Contract | $549,000 List Price | 3 | 2 | 1,709 | $321 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1978, this property is functional but significantly dated. While it features some newer flooring and dual A/C units, the kitchen and bathrooms appear to be over 20 years old with original or older-style cabinetry and fixtures. The listing's emphasis on 'investment potential' and 'unlimited potential' confirms it needs cosmetic updates and minor repairs to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1776.
The rare lot-and-a-half configuration provides significant outdoor space for a pool, RV parking, or expansion, which is a premium find in the La Quinta Cove area.
With 1,776 square feet of living space including a sunroom and bonus room, the home offers exceptional versatility for a home office, gym, or guest quarters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7405, other record lot size in square feet = 7840.
Built in 1978, the home likely requires modern cosmetic updates and potential system overhauls to compete with newer or fully renovated properties in the neighborhood.
Marketed as an investment opportunity, the property may require significant upfront capital for renovations, making it less ideal for buyers seeking a move-in-ready residence.
Investment Opportunity with Incredible Potential! Situated on a rare lot-and-a-half property, this spacious home offers endless possibilities for investors, homeowners, or anyone seeking extra space. The open-concept floor plan features a large living room with soaring ceilings and a cozy fireplace, creating a bright and inviting atmosphere perfect for entertaining. Just off the kitchen, you'll find a versatile den, a sunroom, and an additional bonus room, providing flexible spaces that can be used as a home office, game room, gym, guest quarters, or hobby area. The generously sized bedrooms and well-designed layout offer comfort and functionality for everyday living. Outside, the expansive lot-and-a-half provides ample room for a future pool, outdoor entertaining areas, gardens, RV parking, or potential expansion. Enjoy stunning mountain views from both the front and back yards while taking advantage of the privacy and open space this unique property provides. Additional highlights include dual A/C units for enhanced comfort and energy efficiency. With its spacious floor plan, oversized lot-and-a-half, and unlimited potential, this is a rare opportunity you won't want to miss.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 1.7 mi
Grades K-5 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 1,776 | 2,476.5 |
| Lot Size | 7,405 | 8,712 |
| Price | $450.0K | $1.00M |
| Price per sq ft | $253 | $397 |
| Built year | 1978 | 2003 |
| HOA | $0 | $545 |
| Days on market | 42 | 71 |
Jul 4, 2026
$450,000
$489,000
-8% Price Drop
Initial Listing
Jun 10, 2026
$489,000
Initial Listing
Oct 4, 2002
$179,000
Public Record
Oct 26, 1994
$100,000
Public Record