Two-Story Mixed-Use
New
For Sale
$1,695,000
78120 Calle Estado, La Quinta, CA 92253
COMMERCIAL - La Quinta, CA
Property Size6,966 SF
Lot Size0.33 Acres
Price / SF$243.32
Days on Market3
Property Features for 78120 Calle Estado
General Information
Property type
Commercial Sale
Property subtype
Retail
Subdivision
313 -La Quinta South of HWY 111
Standard status
Active
APN
770151005
Size
6,966 SF
Lot size
0.33 Acres
Building Details
Year built
1996
Floors in Building
2
Number of units
12
Listing Agency:
Desert Pacific Properties
(760) 360-8200
Listed By:
Paula Turner · License #00702492
(760) 360-8200
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 30 at 5:06PM
MLS# 219150809
Copyright © 2026 California Desert Association of REALTORS®. 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.
The property is Bogan Villas, a two-story mixed-use building offering 6,966 square feet of combined retail and office space. The asset is being offered for sale on a 0.33-acre lot, positioned as an investment opportunity within the La Quinta retail market.
Located at 78120 Calle Estado in La Quinta, the building occupies a corner site in an Old Town La Quinta commercial area. The configuration supports use as both retail and office in the same property, making it suitable for tenants looking for a mixed-use setting.
Located at 78120 Calle Estado in La Quinta, the building occupies a corner site in an Old Town La Quinta commercial area. The configuration supports use as both retail and office in the same property, making it suitable for tenants looking for a mixed-use setting.
Key Highlights
- Bogan Villas mixed‑use retail & office property built in 1996
- 6,966 SF two‑story mixed‑use building
- High‑visibility corner location in Old Town La Quinta village
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
Property Profile
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
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Corner mixed-use building with 6,966 SF across two stories, combining retail and office space for sale.
Where is this retail space 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: Bogan Villas mixed‑use retail & office property built in 1996; 6,966 SF two‑story mixed‑use building; High‑visibility corner location in Old Town La Quinta village
