Listed by: Jon Levin, California Lifestyle Realty
$925,000
●
House -
Off Market
49496 Avenida Obregon
La Quinta, CA 92253
2 Beds
3 Baths
1,680 Ft²
$1,690,709
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model
About This Property
Rare and fantastic opportunity to own a single level two bedroom,
three bath Spa Villa located directly across from Spa La Quinta at
La Quinta Resort in the newest Spa Villa Phase 4. Approx. 1680
Sq.ft w/2 master suites, 2 full baths and guest bath with talavera
tiled shower. 3 gas log fireplaces(one a two sided into the master
bath, queen sleeper sofa in living room w/3 private patios, two off
the bedrooms facing courtyard w/ oversized spa,large pool and
outdoor dining patio. Street and covered parking just a few steps
away,drive up access for unloading as well. Closet Spa Villa
courtyard to the main hotel lobby and all restaurants and shopping
plaza stores. This is the number one best Spa Villa courtyard
location, for those who like to be close to it all! Excellent
revenue opportunity in the hotel rental management program, can be
locked off into 2 separate suites as daily lodging. This is
definitively a special buying opportunity. Can be shown at any time
by appointment.
Unit Size
1,680 Ft²
Days on Market
358 days
Land Size
0.06 acres
Price per sqft
$551
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #214009561DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2023 | No longer available | - | |
| No longer available | |||
| Apr 25, 2023 | In contract | - | |
| In contract | |||
| Apr 22, 2023 | Listed by California Lifestyle Realty | $1,350,000 | |
| Listed by California Lifestyle Realty | |||
| | |||
|
Absolutely Stunning Remodel, Single Story, 2 Bedroom/3 Bath Spa Villa in the Perfect Location close to the Hotel, Restaurants and Boutiques and the Spa, Fitness and Tennis Facilities. The Kitchen is spectacular with Counters of Slate Grey Slab Granite, with a Leather finish, Stainless Steel GE Cafe Appliances, all Cabinets have been refinished and have new Hardware. and there's also a new Washer and Dryer. The Saltillo Tile Flooring has been refinished with a beautiful high glaze, and there is new LED Lighting, including new switches/plugs throughout and new Custom Draperies. There are three Fireplaces - One in the Great Room and one in each Master Suite. Each of the Master Suites has new Bedding and Mattresses, Porcelain Plank Tile flooring, Custom Ceiling Fans and French Doors that open onto a lovely Patio overlooking the lush Courtyard complete with Pool/Spa. This is the most Elegant Spa Villa you will ever have the pleasure of viewing.The Resort has Right of First Refusal on all Spa Villas. The manager has listed the unit size as 1680 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 24, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About La Quinta Resort and Club
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Listed by: Jon Levin, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214009561DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214009561DA
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