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0 Airport Blvd & Monroe St — Thermal | Belmont Brokerage | Belmont Brokerage

Active

$4,500,000

343 DOM

— bd— ba— sqft

Call

0 Airport Blvd & Monroe St Thermal, CA 92274

39.00acre lot

In the sphere of influence of the City of La Quinta. Abundant low cost water. Wonderful open country atmosphere, but close to all the conveniences. In an area of many exclusive equestrian estates. Minutes to Old Town La Quinta, an epicurean experience with fine dining & shops. Close proximity to Coachella & Stagecoach Music Festivals, acclaimed Madison Club, Desert International Horse Show, and many more! In Opportunity Zone with potential for tremendous tax benefits.

MLS 219129599DA

(760) 360-8200 (Office) (760) 360-8200 (Cell) susan@dppllc.com

Est. payment

$28,755/mo

Principal & interestTaxesInsurance

$22,754$4,688$1,313

Down %

Rate %

Years

Down payment: $900,000 · Total cost: $9,091,602

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$28,755/mo

Principal & interest: $22,754
Est. property tax: $4,688
Est. insurance: $1,313
Down payment: $900,000

Est. gross rent$18,750/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-10,005/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	May 5, 2025	$4,500,000	—

(760) 360-8200 (Office) (760) 360-8200 (Cell) susan@dppllc.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

0 Airport Blvd & Monroe St, Thermal, CA 92274

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0 Airport Blvd & Monroe St Thermal, CA 92274

About this home

Susan Harvey

Est. monthly payment

Mortgage vs rent

Price History

Susan Harvey

Sale & Tax History

No Recent Sales History

Location

0 Airport Blvd & Monroe St, Thermal, CA 92274

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

0 Airport Blvd & Monroe St Thermal, CA 92274

About this home

Susan Harvey

Est. monthly payment

Mortgage vs rent

Price History

Susan Harvey

Sale & Tax History

No Recent Sales History

Location