$390,000
●
Condo -
Off Market
55080 Oak Tree
La Quinta, CA 92253
3 Beds
2 Baths
1,627 Ft²
$583,603
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Champion 3 on PGA West's famed Stadium Course where the American
Express Golf Challenge will be held in Jan. 2020. Remodeled in 2017
with no expenses spared or details overlooked. Upgrades include
travertine flooring custom paint, granite counters, high end
cabinetry, baseboards,, newer A/C/water heater, shutters and so
much more. The gourmet kitchen features a one of a kind
extended granite bar area, SS appliances & custom cabinetry with
pull out inserts in cabinets. Enjoy magnificent golf course views
and morning sunshine on your east facing patio with it's own BBQ.
Relax on your own private patio off the master bedroom.
Offered Turnkey Designer Furnished & ready for immediate move in.
This will make the perfect 2nd home, full time residence or
Investment property. Lots of opportunities available for
vacation rental income as well. Please inquire for more
details.
Unit Size
1,627 Ft²
Days on Market
66 days
Land Size
0.04 acres
Price per sqft
$245
Property Type
Condo
Property Taxes
-
HOA Dues
$560
Year Built
-
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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: 3 years ago (CRMLS #219031888DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2019 | Sold | ||
| Sold | |||
| Oct 15, 2019 | Listed by California Lifestyle Realty | $399,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Side By Side
Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Levels: One
Interior Features: Built In Features, Furnished, High Ceilings, See Remarks
Appliances: Dishwasher, Disposal, Microwave
Flooring Type: Carpet, Stone
Doors: Sliding Doors
Laundry Features: Laundry Room
Has Fireplace
Gas, Living Room
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1985
Parcel Number: 775161017
Home Type: Residential
Foundation Details: Slab
Construction Materials: Stucco
Spa Features: Community, Heated, In Ground
Private Pool
Pool Features: Community, Electric Heat, In Ground
Lot Information: On Golf Course, Planned Unit Development, Sprinkler System
Lot Size Source: Builder
Lot Size Acres: 0.04
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Maintenance Grounds, Insurance, Security, Trash, Cable Tv
Association Fee: $560
Association Fee Frequency: Monthly
Community Features: Gated, Pool
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: PGA Stadium
Subdivision Name: PGA Stadium
Directions: South on Jefferson to PGA West Blvd., turn left on Pete Dye (Stadium Gate), first left on Oak Tree...condo is on the right side. Cross Street: PGA West Blvd./Pete Dye.
Other Details
Listing Terms: Cash, Conventional
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/11/2024
| |
3 Bed
|
2 Bath
|
1627 ft²
|
$669,000
3 Bed
2 Bath
1627 ft²
|
$669,000
05/14/2024
|
Serena Lamble
California Lifestyle Realty
|
|
03/15/2021
|
3 Bed
|
2 Bath
|
1627 ft²
|
$499,000
3 Bed
2 Bath
1627 ft²
|
$525,000
+5.21%
04/13/2021
|
Jan Pitman
Windermere Real Estate
| |
|
10/15/2019
| |
3 Bed
|
2 Bath
|
1627 ft²
|
$399,000
3 Bed
2 Bath
1627 ft²
|
$390,000
-2.26%
12/20/2019
|
Pattie Hill
Compass
|
|
02/18/2017
|
3 Bed
|
2 Bath
|
1627 ft²
|
$389,000
3 Bed
2 Bath
1627 ft²
|
$340,000
-12.60%
04/12/2017
|
Sandi Phillips
HK Lane Real Estate
|
Building Info
About PGA West
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Listed by: Pattie Hill, California Lifestyle Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219031888DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219031888DA
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