Great investment opportunity in La Quinta. READY TO BUILD 40 APARTMENTS PROJECT IN LA QUINTA. La Quinta is known as The Gem of the Desert. It offers sunny weather all year round with beautiful mountain views. Luxurious living, countless outdoor recreation activities, boutique shopping, and world-class golf courses. A ready to build 40 apartment units in 5 individual buildings located on a 5.6 acres community (total 11 parcels), next to a golf course located on the north side of 111 hwy & east of Jefferson Street. All construction permits have been approved by the City. The school fees are paid, and performance bonds are posted. Construction can be started immediately. The project consists of 5 individual buildings on a community space with spectacular mountain views. Building #1 consists of 8 units, building #2 consists of 12 units, building #3 consists of 2 units, building #4 consists of 6 units, building #5 consists of 12 units. 34 units offer 2 beds/2 baths with walk-in closet, island kitchen, air conditioning, balcony, dishwasher, ceiling fan and more. 6 units offer 3 beds/2 baths with the same amenities. Total living spaces for all 5 buildings will be 46,478 s.f. There will be a pool & spa, BBQ, patios, recreation area & dog walks area, etc. Selling price is $2.5 million and
The median home value in La Quinta, CA is $746,705. This is higher than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in La Quinta, CA is $746,705. Approximately 45.57% of La Quinta homes are owned, compared to 17.1% rented, while 37.33% are vacant. La Quinta real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a La Quinta real estate agent to arrange a tour today!
La Quinta, California has a population of 37,846. La Quinta is less family-centric than the surrounding county with 21.42% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in La Quinta, California is $83,412. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in La Quinta is 49.6 years.
The average high temperature in July is 107.5 degrees, with an average low temperature in January of 41 degrees. The average rainfall is approximately 3.3 inches per year, with 0 inches of snow per year.