Investment Properties in La Quinta, California. Whether you are looking for buildable lots in a golf community, a fixer to rent long term, a Condo or single family home to use as a Luxury Lease, or a couple acres to develop, La Quinta, California should be on your short list. Kimberley Kelly, with HK Lane/Christie’s International real estate, works with buyers seeking a property that often has to fit dual wish lists. One list for buyers looking for their seasonal home, and another for that same buyer looking to maximize their “back end Potential.” If you’d like to know more about Investment opportunities in real estate in La Quinta and the Coachella Valley, give me a call at 760-285-3578.
Investment Properties in the Coachella Valley in general are many and varied. The first thing potential buyers need to analyze is which of our 9 desert cities is their preferred place to live? Perhaps narrowing it down to the West side (Palm Springs area), the central cities, (Rancho Mirage, Indian Wells, and Palm Desert), or the East side, ( La Quinta, Indio, Coachella). Each area of our Valley offers different investment solutions. Today, we’ll concentrate on La Quinta. La Quinta is our newest Coachella Valley city. If you prefer a newer build, on a larger lot, you will often get your best price/sf. in our East Valley city of La Quinta. That means your best investment return in many cases. Do you love to golf? Condos and single family homes are available at some great golf clubs such as The Citrus, The Tradition, La Quinta Spa & Hotel, La Quinta CC, The Hideaway, or The ultra exclusive hottest club in La Quinta…The Madison Club.
Luxury Lease properties are so much in demand in La Quinta, largely due to the Coachella Music Festival, and the Stagecoach Festival. There is talk of more festivals coming, and these are driving the Luxury Lease demand in La Quinta. The more bedrooms with their own bathrooms, the higher lease fees can be generated. I’ve just listed an incredible Golf course home at PGA West in La Quinta, that comes with an extensive Lease History. Generating approx. $100,000/season on approx. 151 days of rental! The owners use the property themselves, and lease it our around their visits! Offered at just $1,450,000 turnkey.
Custom Home sites are selling like mad. If you already own a property here in the desert, but are thinking about building your dream home, choose a home site that offers the quiet, interior location most preferred, and if you can score a lot with our desert Trifecta of South light, water to fairway to Mountain views..buy it. Take a look at this parcel at The Hideaway Club in La Quinta, Ca. 80875 Via Portofino, is over 28,000 sf. One of the last interior, view lots left, and just listed at $1,195,000.