48111 Calle Seranas, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 3 bath
48111 Calle Seranas
La Quinta, California 92253
Property Price
SUMMARY
Analysis of 48111 Calle Seranas, La Quinta, California 92253 reveals a Fairly Priced Property with a current list price of $470,000 aligned with the estimated $470,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the La Quinta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48111 Calle Seranas Subject | $470,000* List Price | 3 | 3 | 1,894 | $248 | - |
A 48123 Calle Seranas Sold | $525,000 | 3 | 3 | 1,973 | $266 | 0.1 mi |
B 48119 Via Hermosa Sold | $458,000 | 3 | 3 | 1,950 | $235 | 0.2 mi |
C 48205 Vista De Nopal Sold | $525,000 | 3 | 3 | 1,852 | $283 | 0.1 mi |
D 48211 Vista De Nopal Sold | $450,000 | 3 | 2 | 1,852 | $243 | 0.1 mi |
E 78680 Saguaro Road Sold | $460,000 | 3 | 2 | 1,527 | $301 | 0.6 mi |
F 48613 Calle Esperanza Sold | $459,990 | 3 | 2 | 1,852 | $248 | 0.4 mi |
G 48129 Vista Cielo Active Under Contract | $499,000 List Price | 3 | 3 | 1,980 | $252 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent capital improvements that extend the life of its major systems, including a 2-year-old roof, a 4-year-old A/C condenser, and a new hot water tank. Although built in 1984, the interior has been refreshed with new paint and a new refrigerator, and it includes quality features like wood shutters throughout. The home is well-maintained and functional, meeting the criteria for 'good' condition due to its turnkey status and updated major components.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Income
The property is an ideal hands-off investment with a long-term tenant secured until June 2026, providing immediate cash flow of $2,950 per month and a 4.6% cap rate.
- Extensive Community Amenities
Situated in the premier Laguna De La Paz community, the property offers unparalleled lifestyle perks including a 5-acre lake, 15 pools, 16 spas, and 24/7 guard-gated security.
- Recent Capital Improvements
Significant maintenance costs are mitigated by recent upgrades, including a roof that is only 2 years old, a 4-year-old A/C condenser, and fresh interior and exterior paint.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $730 monthly association fee is a substantial recurring expense that may impact net profitability and deter buyers sensitive to high carrying costs.
- Delayed Owner Occupancy
Because the property is leased through mid-2026, it is unsuitable for primary residence buyers or those looking to use the home as a personal vacation retreat in the near term.
About 48111 Calle Seranas
Leased property investment. Long term tenant paying $2,950 per month. Cap Rate is 4.6%. Great value in premier community of Laguna De La Paz in La Quinta! Large single level detached home ready for move in. New paint! Open and airy layout. 2 fireplaces. One of largest floorpans in community. Wood shutters throughout. Large wrap around private patio with pavers and mature landscaping. Community offers 5 acre lake with scenic walking path and paddle boats, alongside 15 pools, 16 spas, a well-appointed fitness room and tennis and pickleball courts - all crowned by an inviting clubhouse. Gated entrance with staff 24/7. HOA maintains all the amenities, the common area, front yard, roofs, exterior walls and 24 hour security. This neighborhood is the place to be if you are looking for a welcoming, friendly, active neighborhood. Sit on your patio and enjoy privacy and desert views. This floorpan is the perfect place for you to relax and call home. Close to shopping, dining, golf courses and restaurants. Recent upgrades: New hot water tank. New Refrigerator. Roof 2 years old. Exterior paint 3 years old. A/C condenser 4 years old. Tenant's Lease until June/2026.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $730.0 / Month
Neighborhood Insights
La Quinta Unified Schools
Harry S. Truman Elementary School
Grades K-5 • 0.8 mi
John Adams Elementary School
Grades K-5 • 1.2 mi
La Quinta Middle School
Grades 6-8 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,894 | 2,501 | 29% |
| Lot Size | 5,663 | 9,147.5 | 24% |
| Price | $470.0K | $920.5K | 9% |
| Price per sq ft | $248 | $390 | 3% |
| Built year | 1984 | 2002 | 8% |
| HOA | $730.0 | $533 | 75% |
| Days on market | 344 | 162 | 96% |
Pricing History
Listed for Sale
Aug 23, 2025
$470,000
Initial Listing
Price Change
Mar 28, 2025
$495,000
Initial Listing