$365,000
●
House -
Off Market
51262 Avenida Ramirez
La Quinta, CA 92253
2 Beds
1 Bath
813 Ft²
$369,455
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Surrounded by mesmerizing Santa Rosa Mountain views the La Quinta
Cove became a favorite to movie stars as early as the 1920s, this
historical area served as a luxury hideaway for the Hollywood
elites. This home is 1 of 63 original casitas built in the La
Quinta Cove. Built in 1937 this historic ''I'' shaped Spanish
Colonial Revival ranch house has been preserved to retain the best
features of the house. This charming casita has an original
footprint of 2 bedrooms, 1 bath, & is located on a quiet corner.
Freshly painted/restored inside & out, new porcelain wood plank
tile flooring. With a solid, level foundation and recently restored
roof, this hearty little charmer will remain a rich piece of
California history for generations to come.... this is a
reliable & move-in ready home, Don't miss out! Hollywood bungalow
inspired decor this Casita is the perfect getaway, first home,
second home, rental property, investment, you name it! A short
distance to Old Town La Quinta with great restaurants, brewery,
boutique shops, and tons of famous hiking trails. Contact the
listing agent now to schedule a showing!
Unit Size
813 Ft²
Days on Market
29 days
Land Size
0.12 acres
Price per sqft
$429
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1937
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 10 months ago (CRMLS #219088389DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | Listed by Equity Union | $419,000 | |
| Listed by Equity Union | |||
| | |||
|
Surrounded by the breathtaking Santa Rosa Mountains, the La Quinta Cove has attracted Hollywood's elite since the 1920s and this rare offering is part of that legacy. One of just 63 original casitas built in the Cove, this 1937 Spanish Colonial Revival ranch home is steeped in history and thoughtfully preserved to honor its original charm. Situated on a spacious corner lot, the home offers enhanced privacy with a newly installed ficus hedge and perimeter wall, creating a serene and secluded setting. The original two-bedroom, one-bath layout remains intact, complemented by a recent interior and exterior restoration, including paint, new porcelain wood-look tile flooring, and a new electrical panel, citrus trees. This historic gem is truly move-in ready. Whether you envision it as a full-time residence, weekend retreat, or income property, this Hollywood-inspired casita is brimming with character and functionality. Located just moments from Old Town La Quinta's dining, boutique shopping, local brewery, and world-renowned hiking trails this is your chance to own a unique piece of California history.
| |||
| Jan 20, 2023 | Sold | ||
| Sold | |||
| Dec 16, 2022 | Listed by RPAC | $349,000 | |
| Listed by RPAC | |||
Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Santa Carmelita at Vale La Quinta
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Allee Squyres, RPAC
Last Updated: 10 months ago
Data Source: CRMLS, MLS# 219088389DA
Last Updated: 10 months ago
Data Source: CRMLS, MLS# 219088389DA
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017