26866837PS_212431c4-e309-4e1d-b639-4d928
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53385 Eisenhower Drive, La Quinta, CA 92253

$500K5bd · 4ba · 2,209 sqft
Lot 4,792 sqftSingle Family Residence
Active
9d on marketMLS# PS-26866837

Property Description

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!

Features & Amenities

La Quinta CoveFeeBuilt 1979

Property Details

Subdivision
La Quinta Cove
Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Mountain(s), Peek-A-Boo
Flooring
Laminate, Tile
City
La Quinta
Zip Code
92253
County
Riverside
Listed byHomeSmart, Vanessa Sanchez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,528.27
Principal & Interest
Loan Amount
$400,000
Total Interest
$510,178
Total Payment Over 30 Years
$910,178
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About La Quinta Cove

This property is located in La Quinta Cove, a community in La Quinta. Explore more listings in this neighborhood to compare options and pricing.

View La Quinta Cove Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

53385 Eisenhower Drive, La Quinta, CA 92253

La Quinta Cove · La Quinta · Single Family Residence

$500K
Residential Tier
Beds
5
Baths
4
Sqft
2,209
Lot
4,792 sqft
Year
1979
$/Sqft
$226
Pool: No
Spa: No
View: mountain

Listed 15.1% below the median closed sale of $589,000. Price per sqft ($226) is a 30% discount to closed comps ($324).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $500K· $226/sqft
Total list price
Closed comps
vs closed median $589K
$89K (15.1%)
Active comps
vs active median $749K
$249K (33.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $377
$151 (40.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
54925 Avenida AlvaradoLa Quinta1986321,6544,792$360$595,900581
53130 Avenida MendozaLa Quinta1973331,7685,227$237$418,918881
53920 Avenida MartinezLa Quinta2018441,8705,227$425$795,00027780
53220 Avenida JuarezLa Quinta1993331,7795,227$421$749,000479
54404 Avenida MaderoLa Quinta1990321,7394,792$440$765,0003178
Total: 5 · Average3.22.81,7625,053$376.6$664,763.665
Median1,768$749,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
53965 Avenida MaderoLa Quinta198907/20/2026331,8164,792$629,000$615,000$3390.989381
54805 Avenida CarranzaLa Quinta199006/15/2026331,8124,792$390,000$420,000$2321.081281
54065 Avenida VallejoLa Quinta199805/20/2026331,6474,792$589,000$589,000$3581.006677
53770 Avenida ObregonLa Quinta197905/29/2026431,6224,792$659,000$640,000$3950.975577
52698 Avenida HerreraLa Quinta200007/27/2026321,7925,227$547,500$530,000$2960.975276
Total: 5 · Average3.22.81,737.84,879$558,800$558,800$32455.6
Median1,792$589,000$589,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.