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For sale
  • Price cut: $50K (8/1)
    $500,000

    53385 Eisenhower Dr, La Quinta, CA 92253

    5beds
    4baths
    2,209sqft
    : 
    $3,371/mo
    Get pre-qualified
    Multi Family
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $226/sqft
    $-- HOA

    What's special

    Discover a rare find and an exceptional income opportunity in the highly desirable La Quinta Cove featuring a main front home plus a permitted additional back property on one lot. This versatile setup is ideal for investors seeking cash flow and flexibility, and it's also a great fit for owner-occupants who want rental income potential. The main front property offers 3 bedrooms and 2 bathrooms and is currently vacant, giving you the freedom to move in immediately, renovate, or reimagine the space. Inside, you'll find a formal living area with a fireplace that creates a warm, welcoming centerpiece. From there, the home flows into a separate dining area open to the kitchen, making it easy to host and enjoy everyday living with an efficient layout. At the back of the property, the additional unit features 2 bedrooms and 1.5 bathrooms. The current tenant pays $2,000 per month in rent and has advised they would like to relocate, so the property will be delivered fully vacated, creating a clean slate for the next owner whether you plan to re-rent, make improvements, or tailor the layout to your goals. You'll also see another strong selling point: the property is all electric, supporting a streamlined, modern utility setup. Location adds even more appeal, with schools and shopping close by and a kid and dog park right across the street just steps away. For buyer convenience and transparency, there will be an additional MLS listing under the income category associated with this property. Don't miss this uncommon chance to own a La Quinta Cove two-unit property with strong income potential and excellent flexibility. Schedule your showing today!
    3 hours
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    42
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    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Vanessa Sanchez DRE # 02064295 760-534-7352,

    HomeSmart 760-844-7500

    Source: CLAW,MLS#: 26867061PSMLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Rooms
      • Room types: Breakfast Bar, Living Room
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Microwave, Dishwasher, Range/Oven
      • Laundry: In Garage
      Features
      • Flooring: Tile, Laminate
      • Has fireplace: Yes
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 2,209
      • Total interior livable area: 2,209 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - 2 Car, Driveway, On Street
      • Has garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: Peek-A-Boo, Mountain(s)
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 50 x 100
      Details
      • Additional structures: None
      • Parcel number: 774085020
      • Zoning: R1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family
      Condition
      • Year built: 1979

      Community & HOA

      Location
      • Region: La Quinta

      Financial & listing details

      • Price per square foot: $226/sqft
      • Tax assessed value: $336,563
      • Annual tax amount: $5,039
      • Date on market: 8/1/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,960/mo

        Price history

        DateEventPrice
        8/1/2026Price change$500,000-9.1%$226/sqft
        Source: CLAW #26866837PS Report a problem
        11/16/2025Listing removed$3,000$1/sqft
        Source: Zillow Rentals Report a problem
        10/29/2025Listed for rent$3,000$1/sqft
        Source: Zillow Rentals Report a problem
        10/1/2025Listing removed$3,000$1/sqft
        Source: Zillow Rentals Report a problem
        9/10/2025Listed for rent$3,000-33.3%$1/sqft
        Source: Zillow Rentals Report a problem
        7/28/2025Listing removed$4,500$2/sqft
        Source: Zillow Rentals Report a problem
        7/7/2025Listed for rent$4,500+50%$2/sqft
        Source: Zillow Rentals Report a problem
        5/21/2025Price change$550,000-3.5%$249/sqft
        Source: Greater Palm Springs Realtors #219125085 Report a problem
        5/9/2025Price change$570,000-2.6%$258/sqft
        Source: Greater Palm Springs Realtors #219125085 Report a problem
        5/6/2025Pending sale$585,000$265/sqft
        Source: Greater Palm Springs Realtors #219125085 Report a problem
        3/30/2025Price change$585,000-2.5%$265/sqft
        Source: Greater Palm Springs Realtors #219125085 Report a problem
        2/20/2025Price change$600,000+1.7%$272/sqft
        Source: Greater Palm Springs Realtors #219125085 Report a problem
        12/18/2024Price change$589,900-1.7%$267/sqft
        Source: CRMLS #DW24222291 Report a problem
        11/9/2024Listed for sale$599,990+106.9%$272/sqft
        Source: CRMLS #DW24222291 Report a problem
        5/28/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/7/2023Listed for rent$3,000+71.4%$1/sqft
        Source: Zillow Rentals Report a problem
        3/3/2021Listing removed--
        Source: RE/MAX International Report a problem
        2/22/2021Listed for rent$1,750+12.9%$1/sqft
        Source: RE/MAX International #219057685 Report a problem
        9/23/2019Listing removed$1,550$1/sqft
        Source: RE/MAX Desert Properties #219024007 Report a problem
        9/7/2019Listed for rent$1,550+63.2%$1/sqft
        Source: RE/MAX Desert Properties #219024007 Report a problem
        1/2/2018Listing removed$950
        Source: RE/MAX Consultants #217034380 Report a problem
        12/13/2017Price change$950+5.6%
        Source: RE/MAX Consultants #217034380 Report a problem
        12/12/2017Listed for rent$900
        Source: RE/MAX Consultants #217034380 Report a problem
        11/22/2016Sold$290,000-16.9%$131/sqft
        Source: Public Record Report a problem
        8/14/2015Listing removed$349,000+105.3%$158/sqft
        Source: Fathom Realty Group Report a problem
        2/27/2014Sold$170,000-52.3%$77/sqft
        Source: CDAR/ Desert Area MLS #213002769 Report a problem
        1/22/2013Sold$356,412-10.9%$161/sqft
        Source: Public Record Report a problem
        10/5/2005Sold$400,000+95.1%$181/sqft
        Source: Public Record Report a problem
        1/30/2004Sold$205,000+4.1%$93/sqft
        Source: Public Record Report a problem
        6/20/2003Sold$197,012$89/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,039 +2.7%$336,563 +2%
        2024$4,905 +3%$329,965 +2%
        2023$4,761 +3.5%$323,496 +2%
        2022$4,599 +2.6%$317,154 +2%
        2021$4,481 +0.5%$310,936 +1%
        2020$4,458 +3.4%$307,749 +2%
        2019$4,312 +2.2%$301,716 +2%
        2018$4,220 +1.6%$295,800 +2%
        2017$4,155 $290,000 +64.7%
        2016$4,155 +49.6%$176,043 +1.5%
        2015$2,778 -10.2%$173,400 -12.8%
        2014$3,094 $198,900 +2%
        2013-- $195,000 +6.6%
        2012-- $183,000 -6.2%
        2011-- $195,000 -8%
        2010-- $212,000 -50.1%
        2009-- $424,483 +13.2%
        2008-- $375,000 -8.1%
        2007-- $408,000 +2%
        2006-- $400,000 +42.1%
        2005-- $281,520 +22.4%
        2003-- $230,000 +106.9%
        2002-- $111,180 +2%
        2001$1,798 +3%$109,000 -3%
        2000$1,746 $112,407
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92253

        Getting around

        18 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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