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Financial
Distress signals
Property profile

78085 Avenida La Fonda La Quinta, CA 92253

FOR SALE
Turn key restaurants
Property ID
US09-0257737
4,660 SF 0.17 ac lot Built 1980
Last sale Aug 2026 · $3,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located in La Quinta and includes an approximately 8,000-square-foot building that was historically used as an operating restaurant, plus an additional approximately 1,500-square-foot building. The site is composed of 13 lots and spans nearly an entire city block. The property is configured for redevelopment and could support uses such as a hotel, high-end condominiums, or a mixed-use concept combining hotel and retail space while incorporating the existing restaurant.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$1.24M
Assessed land$99k
Assessed improvement$1.14M
Effective rate1.25%

Value estimate

· Oct 2026
$450k
$405k – $495k
AI approach$415k
NOI build-up
Gross scheduled income$171k
Vacancy & credit loss−$11k
Operating expenses−$40k
NOI · 1.71% cap applied$120k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$621/SF
County average, outlier-cleaned · 244 recorded sales of this use type
Observed band · Q1–Q3$264 – $1,116
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1.71%
$120k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
A2
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop22.7
Dental Office21.7
Pharmacy18.3

Location

78085 Avenida La Fonda La Quinta, CA 92253
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
79234 Hwy 111, La Quinta, CA 92253-2503 $49,250,000 Mar 2025 4,223 SF
79670 Hwy 111, La Quinta, CA 92253-4504 $2,150,000 Jan 2024 4,568 SF
78902 Hwy 111, La Quinta, CA 92253-2047 $5,457,000 Mar 2023 5,306 SF
78474 Hwy 111, La Quinta, CA 92253-2088 $2,100,000 Nov 2022 5,346 SF
78640 Hwy 111, La Quinta, CA 92253-2048 $11,500,000 Jun 2022 4,200 SF
78520 Hwy 111, La Quinta, CA 92253-2067 $11,500,000 Jun 2022 5,301 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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