An ideal rental property in La Quinta Cove, just a couple blocks away from Old Town La Quinta. All three bedrooms in the home are equally sized, making it ideal to rent to long term tenants. When you enter the home, you'll be struck by the open and updated living room & kitchen, with ample storage and beautiful countertops. The back and front yards have beautifully landscaped lawns, perfect for families with little kids and pets to run around and enjoy. Come take a look and see for yourself how quickly you can be cash-flow positive with a home like this!
Sold for $470,000
Street View
Listed by: Compass • Matthew Miede • Contact: 949-939-3095
Bought with: Desert Sotheby's International Realty
$470,000
51225 Avenida Velasco, La Quinta, CA 92253
3beds
1,608sqft
Single Family Residence
Built in 1977
6,098 Square Feet Lot
$471,200 Zestimate®
$292/sqft
$2,782 Estimated rent
Home value
$471,200
$429,000 - $518,000
$2,782/mo
Zestimate® history
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$2,964/mo
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List your homeWhat's special
Ample storageBeautiful countertopsBeautifully landscaped lawnsBack and front yards
Zillow last checked:
Listing updated:
Listed by:
Matthew Miede DRE #02180469 949-939-3095,
Compass
Bought with:
Simon Court, DRE #02254734
Desert Sotheby's International Realty
Source: CRMLS,MLS#: 219140585DA
Originating MLS: California Desert AOR & Palm Springs AOR
Originating MLS: California Desert AOR & Palm Springs AORFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room, Primary Bedroom
Primary bedroom
- Features: Primary Suite
Heating
- Forced Air
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Freezer, Gas Oven, Gas Range, Refrigerator, Range Hood
- Laundry: In Garage
Features
- Primary Suite
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total interior livable area: 1,608 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway
- Attached garage spaces: 2
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 6,098 Square Feet
- Features: Front Yard, Sprinkler System
Details
- Parcel number: 773064020
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1977
Community & HOA
Community
- Subdivision: La Quinta Cove
Location
- Region: La Quinta
Financial & listing details
- Price per square foot: $292/sqft
- Tax assessed value: $177,203
- Annual tax amount: $3,025
- Date on market: 1/2/2026
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Sold | $470,000-2.1%$292/sqft |
Source:  CRMLS #219140585DA Report a problem | ||
| 1/30/2026 | Pending sale | $480,000$299/sqft |
Source:  Greater Palm Springs Realtors #219140585 Report a problem | ||
| 1/8/2026 | Contingent | $480,000$299/sqft |
Source: Greater Palm Springs Realtors #219140585 Report a problem | ||
| 1/2/2026 | Listed for sale | $480,000+247.8%$299/sqft |
Source: Greater Palm Springs Realtors #219140585 Report a problem | ||
| 4/14/2009 | Sold | $138,000-33.9%$86/sqft |
Source: Public Record Report a problem | ||
| 1/5/2009 | Sold | $208,766-29.5%$130/sqft |
Source: Public Record Report a problem | ||
| 5/5/2006 | Sold | $296,000+34.5%$184/sqft |
Source:  CDAR/ Desert Area MLS #41231672 Report a problem | ||
| 8/12/2003 | Sold | $220,000+74.6%$137/sqft |
Source: Public Record Report a problem | ||
| 4/12/2001 | Sold | $126,000$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,025 +5% | $177,203 +2% |
| 2024 | $2,882 +3.7% | $173,730 +2% |
| 2023 | $2,780 +4.5% | $170,324 +2% |
| 2022 | $2,659 +2.9% | $166,985 +2% |
| 2021 | $2,583 +1.7% | $163,712 +1% |
| 2020 | $2,540 +2.1% | $162,035 +2% |
| 2019 | $2,489 +2.3% | $158,859 +2% |
| 2018 | $2,432 +1.1% | $155,745 +2% |
| 2017 | $2,406 | $152,692 +2% |
| 2016 | $2,406 +1.2% | $149,699 +1.5% |
| 2015 | $2,378 +1.5% | $147,452 +2% |
| 2014 | $2,344 | $144,566 +0.5% |
| 2013 | -- | $143,915 +14.2% |
| 2012 | -- | $126,000 +1.6% |
| 2011 | -- | $124,000 -9.7% |
| 2010 | -- | $137,296 -31.7% |
| 2009 | -- | $201,000 -28.5% |
| 2008 | -- | $281,000 -6.9% |
| 2007 | -- | $301,920 +4.1% |
| 2006 | -- | $290,000 +29.2% |
| 2005 | -- | $224,400 +71.2% |
| 2003 | -- | $131,089 +2% |
| 2002 | -- | $128,520 +56.4% |
| 2001 | $1,488 +16.6% | $82,187 +2% |
| 2000 | $1,276 | $80,576 |
Find assessor info on the county website
Neighborhood: 92253
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Nearby schools
GreatSchools rating
- 6/10Benjamin Franklin Elementary SchoolGrades: K-5Distance: 0.2 mi
- 4/10La Quinta Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10La Quinta High SchoolGrades: 9-12Distance: 3.1 mi
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Estimated market value
$471,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$471,200
- California
- Riverside County
- La Quinta
- 92253
- 51225 Avenida Velasco
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