$625,000
●
House -
Off Market
80445 Platinum Way
La Quinta, CA 92253
2 Beds
3 Baths,
1
Half Bath
1,936 Ft²
$743,400
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Welcome to the Signature Development inside world famous PGA West!
Located right between the Tournament Clubhouse and the Private
Clubhouse for easy access to both. This Mediterranean style
home features a great room concept w/ high ceilings for plenty of
natural light along w/ large built in hutch. Gourmet kitchen
w/large center island, granite counters, SS appliances, custom tile
backsplash. Large retractable patio doors open from the
great room into the spacious back yard highlighted by oversized
paver patio, custom fire pit and room to entertain. Master
bedroom has ample windows for natural light and a master bath with
double vanities, separate soak tub and full tile shower.
Oversized walking closet has lots of room. Second
bedroom has good size and also has an on suite bath. Multi
use office area adds another space to the home. This home is
in EXCELLENT condition and shows pride in ownership throughout.
Original owner that put the upgrades in all the right places.
Unit Size
1,936 Ft²
Days on Market
56 days
Land Size
0.15 acres
Price per sqft
$323
Property Type
House
Property Taxes
-
HOA Dues
$407
Year Built
2015
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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 #219059799DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Keller Williams OC Coastal Realty | $1,099,000 | |
| Listed by Keller Williams OC Coastal Realty | |||
| | |||
|
Loft ceilings and a stunning CUSTOM FIREPLACE set the scene for this HIGHLY UPGRADED dynamic desert retreat. The light-filled great room features 9’ stacking glass walls and transom windows above for the most advantageous SOUTHERN exposure. Enjoy indoor/outdoor living on the private, covered patio and OVERSIZED YARD with room for a pool. Beautifully designed interlocking pavers, artificial turf and a fire chat area is positioned to capture the very best SUNSETS La Quinta has to offer. Remain part of the fun in the REMODELED, STYLISH KITCHEN boasting a leathered quartz island with waterfall edge, wine bar, high end SS appliances, and brand new floor to ceiling cabinetry and backsplash. Retire to the thoughtfully designed primary suite, its brand new SPA-LIKE BATHROOM with COLD PLUNGE TUB, and large, walk-in closet. Guest with en suite bath and a 3rd bedroom without a closet currently being used as an office round out the home. Signature PGA West offers low HOA dues, its own clubhouse with pool, hot tub, gym and more. Make this your primary residence or vacation get-away with 6 world-class golf courses a short cart ride from your door. Even better, support your investment with a SHORT TERM RENTAL PERMIT. Signature offers the only detached homes in La Quinta that remain zoned for STRs allowing you to take advantage of weekend and festival season opportunities.
| |||
| Oct 27, 2023 | No longer available | - | |
| No longer available | |||
| Aug 31, 2023 | Listed by Keller Williams OC Coastal Realty | $1,180,000 | |
| Listed by Keller Williams OC Coastal Realty | |||
| | |||
|
Loft ceilings and a stunning CUSTOM FIREPLACE set the scene for this HIGHLY UPGRADED dynamic desert retreat. The light-filled great room features 9’ stacking glass walls and transom windows above for the most advantageous SOUTHERN exposure. Enjoy indoor/outdoor living on the private, covered patio and OVERSIZED YARD with room for a pool. Beautifully designed interlocking pavers, artificial turf and a fire chat area is positioned to capture the very best SUNSETS La Quinta has to offer. Remain part of the fun in the REMODELED, STYLISH KITCHEN boasting a leathered quartz island with waterfall edge, wine bar, high end SS appliances, and brand new floor to ceiling cabinetry and backsplash. Retire to the thoughtfully designed primary suite, its brand new SPA-LIKE BATHROOM, and large, walk-in closet. Guest with en suite bath and a 3rd bedroom without a closet currently being used as an office round out the home. Signature PGA West offers low HOA dues, its own clubhouse with pool, hot tub, gym and more. Make this your primary residence or vacation get-away with 6 world-class golf courses a short cart ride from your door. Even better, support your investment with a SHORT TERM RENTAL PERMIT. Signature offers the only detached homes in La Quinta that remain zoned for STRs allowing you to take advantage of weekend and festival season opportunities. The manager has listed the unit size as 1936 square feet.
| |||
| May 27, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
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 PGA West
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Listed by: Paul Harris, California Lifestyle Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219059799DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219059799DA
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