$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: 2 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
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Side By Side
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, High Ceilings, See Remarks, Furnished
Appliances: Dishwasher, Disposal, Microwave
Flooring Type: Carpet, Stone
Door Features: Sliding Doors
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Has Property Attached
Square Footage: 1627
Security Features: Gated Community, 24 Hour Security
Property Condition: Updated/Remodeled
Year Built Source: Builder
Year Built: 1985
Builder Model: Champion 3
Levels: One
Construction Materials: Stucco
Pool Features: Community, Electric Heat, In Ground
Pool is Private
Lot Features: On Golf Course, PlannedUnitDevelopment, SprinklerSystem
Lot Size Area: 1742
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1742
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, Insurance, Security, Trash, Cable TV
HOA Fee: $560
HOA Fee Frequency: Monthly
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: 2 years ago
Data Source: CRMLS, MLS# 219031888DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219031888DA
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