$505,000
●
Condo -
Off Market
79720 Olympia Fields
La Quinta, CA 92253
3 Beds
2 Baths
1,525 Ft²
$574,262
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Do not miss this great condo for your next desert retreat!
Extensively upgraded 3 bedroom, 2 bath end unit, nestled in the
beautiful Palmer Private PGA West community. Open floor plan with
great indoor/outdoor entertaining space and picturesque mountain
and water views! Many upgrades throughout the home including
completely renovated kitchen and bathroom with granite countertops,
new stainless steel appliances and updated cabinets. Other upgrades
include brand new washer/dryer, newer water heater and newly
appointed solar shades. Private balcony patio that includes BBQ and
spectacular views of the mountains and lakes. Walking distance to
two heated pools/spas, close to Old Town La Quinta and a quick
drive to neighboring cites. This home will not last!
Unit Size
1,525 Ft²
Days on Market
51 days
Land Size
0.07 acres
Price per sqft
$338
Property Type
Condo
Property Taxes
-
HOA Dues
$615
Year Built
1988
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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 #219067945DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Sep 22, 2021 | Listed by Bennion Deville Homes | $515,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Direct Access, Garage, Garage Door Opener
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Levels: Two
Interior Features: Breakfast Bar, Open Floorplan, All Bedrooms Up
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Laundry Room
Has Fireplace
Gas, Living Room
Exterior Details
Year Built: 1988
Parcel Number: 775051046
Waterfront Features: Waterfront
Home Type: Residential
Window Features: Blinds
Lot Information: Landscaped, On Golf Course, Sprinkler System, Waterfront
Lot Size Source: Assessor
Lot Size Acres: 0.07
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Controlled Access, Maintenance Grounds, Management, Pet Restrictions, Security, Trash
Association Fee: $615
Association Fee Frequency: Monthly
Community Features: Golf, Gated
Security Features: Gated Community
Subdivision: PGA Palmer Private
Subdivision Name: PGA Palmer Private
Directions: From PGA Blvd, turn right onto Arnold Palmer. Once through the gate continue straight and turn right onto Tanglewood. First left onto Olympia Fields and destination will be on your right. Cross Street: Tanglewood.
Other Details
Listing Terms: Cash, CashToNewLoan, 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 |
|---|---|---|---|---|---|---|---|
|
11/11/2023
| |
3 Bed
|
2 Bath
|
1525 ft²
|
$568,000
3 Bed
2 Bath
1525 ft²
|
-
-
|
John Miller
Bennion Deville Homes
|
|
08/01/2021
| |
3 Bed
|
2 Bath
|
1525 ft²
|
$525,000
3 Bed
2 Bath
1525 ft²
|
-
-
|
Diane R Williams
Bennion Deville Homes
|
Building Info
About PGA West
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Diane Williams, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219067945DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219067945DA
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