55
Map
$365,000
●
House -
For Sale
79355 Rose Dawn
La Quinta, CA 92253
2 Beds
2 Baths
1,231 Ft²
$2,109
Est. Monthly
$316
HOA / Fees
About This Property
Watercolors La Quinta a 55+ community presents an exceptional
Corner Lot home. This beautiful two bedroom two bath home is
nestled in the highly sought after area of La Quinta and you will
notice the great pride of ownership from the moment you step
through the door. Tastefully maintained with very little use, this
home is ready to move into. The community offers low maintenance
living, community pool & spa and a clubhouse. An attractive feature
of this property is its qualification as moderate income, offering
a unique financing opportunity with a $48,000 second from The City
of La Quinta. This property carries a $48,000 silent second with
the La Quinta Housing Authority and you must meet the
moderate-income requirements. Total purchase price including silent
second is $365,000,000($317,000 + $48,000). Rentals and all cash
purchases are not allowed. Income limits are as follows 1 person
$68,901 to $89,450 2 people $78,751 to $102,250 3 people $88,601 to
$115,000 4 people $98,401 to $127,800.
Unit Size
1,231 Ft²
Days on Market
74 days
Land Size
0.07 acres
Price per sqft
$297
Property Type
House
Property Taxes
-
HOA Dues
$316
Year Built
2006
Listed By
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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: 9 days ago (CRMLS #219151218DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2026 | Listed by Equity Union | $365,000 | |
| Listed by Equity Union | |||
| Mar 21, 2025 | Listed | $325,000 | |
| Listed | |||
| | |||
|
Watercolors La Quinta a 55+ community presents an exceptional Corner Lot home. This beautiful two bedroom two bath home is nestled in the highly sought after area of La Quinta and you will notice the great pride of ownership from the moment you step through the door. Tastefully maintained with very little use, this home is ready to move into. The community offers low maintenance living, community pool & spa and a clubhouse. An attractive feature of this property is its qualification as moderate income, offering a unique financing opportunity with a $40,000 second from The City of La Quinta. This property carries a $40,000 silent second with the La Quinta Housing Authority and you must meet the moderate-income requirements. Total purchase price including silent second is $365,000,000(325,000 + 40,000). Rentals and all cash purchases are not allowed. Income limits are as follows 1 person 57,401 to 81,900 2 people 65,601 to 93,600 3 people 73,801 to 105,300 4 people 82,001 to 117,000.
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage, Garage Door Opener, On Street
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, SeparateFormalDiningRoom
Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Laundry Closet
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Has Property Attached
Square Footage: 1231
Square Footage Source: $0
Security Features: Gated Community, Key Card Entry
Architectural Style: Traditional
Year Built Source: Assessor
Year Built: 2006
Window Features: Shutters
Construction Materials: Stucco
Patio and Porch Features: Covered, Concrete
Pool Features: Community, In Ground
Pool is Private
Lot Features: Corner Lot
Lot Size Area: 3049
Lot Size Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3049
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Maintenance Grounds, Cable TV, ControlledAccess
HOA Fee: $316
HOA Fee Frequency: Monthly
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 Rosa
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Listed by: Paige Maccio-Smith, Equity Union
Last Updated: 9 days ago
Data Source: CRMLS, MLS# 219151218DA
Last Updated: 9 days ago
Data Source: CRMLS, MLS# 219151218DA
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