Two-Story Mixed-Use
New
For Sale
$1,695,000
78120 Calle Estado, La Quinta, CA 92253
Retail and office space near restaurants, boutiques, galleries, hotels, and community events.
Property Size6,966 SF
Price / SF$243.32
Days on Market3
Property Features for 78120 Calle Estado
General Information
Standard status
Active
Size
6,966 SF
Property subtype
Commercial
Additional Details
Corner Location
Yes
Building Details
Year Built
1996
Stories
2
Building Size
6,966 SF
Listing Agency:
Desert Pacific Properties
(760) 766-0517
Listed By:
Rebecca Ramirez · License #00702492
(760) 766-0517
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 12:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Desert Pacific Properties
Investment Insights
Based on property information with market context.
Bogan Villas is a 6,966-square-foot, two-story mixed-use property combining retail and office space. Built in 1996, the property occupies a high-visibility corner location in the heart of La Quinta Village.
The property is located in Old Town La Quinta, near restaurants, boutiques, galleries, hotels, and year-round community events. The surrounding district is described as pedestrian-oriented, with nearby dining, shopping, lodging, and event activity. Walk Score is 15, classified as Car-Dependent, and Bike Score is 50, classified as Bikeable.
The property is located in Old Town La Quinta, near restaurants, boutiques, galleries, hotels, and year-round community events. The surrounding district is described as pedestrian-oriented, with nearby dining, shopping, lodging, and event activity. Walk Score is 15, classified as Car-Dependent, and Bike Score is 50, classified as Bikeable.
Key Highlights
- 6,966 SF two‑story mixed‑use retail and office property
- High‑visibility corner location in La Quinta Village
- Built in 1996
Financial Insights For Office B
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 | $159.7k | $22.92 |
| − Vacancy | −$13.7k | −$1.97 |
| EGI | $145.9k | $20.95 |
| − OpEx | −$36.5k | −$5.24 |
| NOI | $109.4k | $15.71 |
6,966 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.56M
$1.37M – $1.82M
NOI $109,447 @ 7.0% cap · market cap 6.46%
Second Best
Retail
$1.43M
$1.25M – $1.66M
NOI $99,849 @ 7.0% cap · market cap 5.89%
Theoretical Best
Office A
$2.09M
$1.83M – $2.43M
NOI $146,083 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
759
Businesses Nearby
Explore this area
Business Placement
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
Properties on Market for Mixed-use properties in Riverside County
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and office space near restaurants, boutiques, galleries, hotels, and community events.
Where is this mixed-use property located?
The property is located at 78120 Calle Estado La Quinta, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 6,966 SF two‑story mixed‑use retail and office property; High‑visibility corner location in La Quinta Village; Built in 1996
