$570,000
●
Condo -
Off Market
55184 Oak Tree
La Quinta, CA 92253
2 Beds
2 Baths
1,330 Ft²
$578,417
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Welcome to this completely remodeled Champion 1 Floor Plan located
on #11 of the famed Stadium Course. You will love being a few doors
down from the community pool while taking in your golf course views
& soaking in the morning sun on your East facing patio. This
popular open floor plan boasts 17 ft ceilings in the living room
and an abundance of natural light. The bathrooms, flooring,
lighting, paint, hardware, and electrical have all recently been
remodeled and upgraded. Plus, new high efficiency A/C and heater
units with new ducting. The two car garage features epoxy flooring.
Sold fully furnished, this condo really has it all! HOA includes
24-hour gated security, cable, internet, earthquake insurance,
community pools/spas, roof, exterior maintenance, landscaping in
the front, side, and back yard, + more. PGA West is the place to be
with 6 world-famous golf courses, 3 clubhouses, tennis, pickleball,
bocce courts, state of an art fitness center, an Olympic-size
members-only pool w/restaurant, & more. Don't miss out on this
wonderful opportunity to make this property yours. Call for a
private showing today.
Unit Size
1,330 Ft²
Days on Market
49 days
Land Size
0.04 acres
Price per sqft
$436
Property Type
Condo
Property Taxes
-
HOA Dues
$703
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 #219095798DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by California Lifestyle Realty | $580,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Garage
Parking Available
Parking Details
Has Garage
Parking Features: Driveway, Garage, Garage Door Opener, On Street
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, High Ceilings, Open Floorplan, SeparateFormalDiningRoom
Appliances: Dishwasher, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, WaterToRefrigerator
Flooring Type: Tile
Door Features: Sliding Doors
Exterior Details
Has Property Attached
Square Footage: 1330
Square Footage Source: $0
Security Features: Gated Community, 24 Hour Security
Property Condition: Updated/Remodeled
Year Built Source: Assessor
Year Built: 1985
Builder Name: Sunrise
Builder Model: Champion 1
Levels: One
Construction Materials: Stucco
Patio and Porch Features: Covered
Lot Features: On Golf Course, DripIrrigationBubblers, PlannedUnitDevelopment, SprinklersTimer, SprinklerSystem
Lot Size Area: 1742
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1742
Utilities Details
Heating Type: Central, Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Earthquake Insurance
HOA/Condo/Coop Amenities: Maintenance Grounds, Insurance, Management, Cable TV, ControlledAccess
HOA Fee: $703
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 |
|---|---|---|---|---|---|---|---|
|
06/01/2023
| |
2 Bed
|
2 Bath
|
1330 ft²
|
$580,000
2 Bed
2 Bath
1330 ft²
|
$570,000
-1.72%
07/24/2023
|
Serena Lamble
California Lifestyle Realty
|
|
11/20/2021
| |
2 Bed
|
2 Bath
|
1330 ft²
|
$625,000
2 Bed
2 Bath
1330 ft²
|
-
-
|
Timothy Boucher
Coldwell Banker Tri-Counties R
|
|
09/01/2020
|
2 Bed
|
2 Bath
|
1330 ft²
|
$339,000
2 Bed
2 Bath
1330 ft²
|
$326,500
-3.69%
11/19/2020
|
Devin Carrillo
California Lifestyle Realty
|
Building Info
About PGA West
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$7,500 /mo
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Listed by: Serena Lamble, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219095798DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219095798DA
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