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Duplex With Front Home And Back Unit
New
For Sale
$500,000

53385 Eisenhower Dr, La Quinta, CA 92253

MULTI_FAMILY - La Quinta, CA

Property Size2,209 SF
Lot Size0.11 Acres
Price / SF$226.35
Days on Market2

Property Features for 53385 Eisenhower Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 3, Bedroom 5, Living Room, Bedroom 4, Bathroom 4, Bathroom 2
Parking 3
Parking features Driveway, On Street, Garage
Fireplace 1
View Mountains
Directions Take Washington St. North to Bermuda Dunes then onto Eisenhower Dr. The property is on the left side.
Subdivision La Quinta South of HWY 111
Standard status Active
APN 774-085-020
Size 2,209 SF
Lot size 0.11 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1979
Floors in Building 1
Number of units 2
Flooring type Laminate, Tile
Architectural style Other
Listing Agency: HomeSmart
Listed By: Vanessa Sanchez · License #02064295
Added: Jul 31 Changed: Aug 1 Last Checked: Aug 1 at 8:06AM
MLS# 26867061PS

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex offers a two-unit configuration on one lot, with a main front home and a permitted additional back property. The front home has 3 bedrooms and 2 bathrooms and is currently vacant. It features a formal living area with a fireplace, plus a separate dining area open to the kitchen.

At the rear, the additional unit provides 2 bedrooms and 1.5 bathrooms. The property is all electric. Central heating and central air services the home, and interior finishes include laminate and tile flooring.

The property sits on a 0.11-acre lot with a total building size of 2,209 square feet and was built in 1979. Parking includes a driveway, on-street parking, and a garage. A kid and dog park is right across the street.

Key Highlights

  • 0.11‑acre lot with a 2,209 SF duplex built in 1979
  • R1 zoning on one lot with a permitted additional back property
  • Vacant front home: 3 bedrooms, 2 bathrooms, with a fireplace

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.5k $25.56
− Vacancy −$1.0k −$0.46
EGI $55.4k $25.10
− OpEx −$16.6k −$7.53
NOI $38.8k $17.57
2,209 SF · lease $25.56/SF/yr · vacancy 1.80% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$554.5K
$485.2K – $646.9K (±1% cap)
NOI $38,812 @ 7.0% cap · market cap 7.76%
Second Best
Apartment 5plus
$510.8K
$447.0K – $595.9K (±1% cap)
NOI $35,756 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$661.8K
$579.1K – $772.1K (±1% cap)
NOI $46,325 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Law Firm Spa & Massage Center Restaurant Nail Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby

Demographics for 92253, CA

37,422
Population
24,679
Households
1.5
Avg Household Size
52
Median Age
39%
College-Educated
92%
High-School Grad
40.4 sq mi
ZIP Area
926
Density / Sq Mi
$97,397
Median Household Income
$46,416
Median Earnings
$1,741
Median Rent
$612,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex on R1 lot with a vacant 3 bed, 2 bath front home plus a 2 bed, 1.5 bath back unit.
Where is this duplex located?
The property is located at 53385 Eisenhower Dr La Quinta, CA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 0.11‑acre lot with a 2,209 SF duplex built in 1979; R1 zoning on one lot with a permitted additional back property; Vacant front home: 3 bedrooms, 2 bathrooms, with a fireplace
More about this property
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