52970 Avenue Ramirez, La Quinta, California 92253, La Quinta, 92253 - 3 bed, 2 bath
ACTIVE UNDER CONTRACT$329,000$1,403/sqft
Est. Value: $258,908
-21%
AboveEstimate
52970 Avenue Ramirez, La Quinta, California 92253
3Beds
2Baths
1,403Sqft
5,227Lot
Price Vs. Estimate
The estimated value ($258,908.03) is $70,091.97 (21%) lower than the list price ($329,000). This property may be overpriced.
Key pros and cons
Top Pros:
Investment/Value-Add Potential: The property is explicitly marketed as a remodel opportunity, ideal for investors or homeowners looking to customize and significantly increase its value through renovations.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1403, other record living area = 1132.
Compared to the nearby listings
Price:$329.0K vs avg $807.0K ($-478,000)1%
Size:1,403 sqft vs avg 2,364 sqft11%
Price/sqft:$234 vs avg $3740%
More Insights
Built in 1978 (48 years old).
Condition: Built in 1978, this property is explicitly marketed as a 'remodel opportunity' and 'in need of updating,' which is strongly supported by the images. The kitchen features severely outdated oak cabinets, laminate countertops, and old white appliances, with worn linoleum flooring. The bathroom is equally dated with a basic vanity, old tile, and a bare light bulb. Throughout the home, carpets are dark and worn, and light fixtures are a mix of basic and old styles. Major systems like the water heater and HVAC appear to be older. The property requires substantial repairs and rehabilitation to meet modern living standards.
Year Built
1978
Close
-
List price
$329K
Original List price
$329K
Price/Sqft
$234
HOA
-
Days on market
-
Sold On
-
MLS number
219140220DA
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
This home is in need of updating and could be a remodel opportunity for someone to make the improvements themselves for their future home, or for an owner's investment opportunity. This offering affords many opportunities to consider improving for this home. If for an investment or a great opportunity for an entry level homeowner looking or desiring a low-cost home for something able to be remodeled.
M
Mike Aubry
Listing Agent
Nearby schools
5/10
Benjamin Franklin Elementary School
Public,•K-5•1.1mi
5/10
John Adams Elementary School
Public,•K-5•1.3mi
6/10
Harry S. Truman Elementary School
Public,•K-5•2.1mi
5/10
La Quinta Middle School
Public,•6-8•2.1mi
6/10
La Quinta High School
Public,•9-12•4.0mi
Price History
Date
Event
Price
05/23/11
Sold
$106,000
09/14/04
Sold
$240,000
Condition Rating
Poor
Built in 1978, this property is explicitly marketed as a 'remodel opportunity' and 'in need of updating,' which is strongly supported by the images. The kitchen features severely outdated oak cabinets, laminate countertops, and old white appliances, with worn linoleum flooring. The bathroom is equally dated with a basic vanity, old tile, and a bare light bulb. Throughout the home, carpets are dark and worn, and light fixtures are a mix of basic and old styles. Major systems like the water heater and HVAC appear to be older. The property requires substantial repairs and rehabilitation to meet modern living standards.
Pros & Cons
Pros
Investment/Value-Add Potential: The property is explicitly marketed as a remodel opportunity, ideal for investors or homeowners looking to customize and significantly increase its value through renovations.
Affordable Entry Point: With a list price of $329,000, this single-family home offers a relatively low entry cost for the desirable La Quinta market, appealing to first-time buyers or those seeking a budget-friendly option.
Desirable Location: Situated in the popular La Quinta Cove, the property benefits from a charming neighborhood known for its character, proximity to hiking trails, and local amenities.
Mountain Views: The property features desirable mountain views, enhancing its aesthetic appeal and contributing to a serene living environment.
Good School Proximity: Located near several well-rated elementary, middle, and high schools, making it an attractive option for families.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1403, other record living area = 1132.
Extensive Renovation Required: The property is clearly stated to be 'in need of updating' and a 'remodel opportunity,' indicating significant time, effort, and financial investment will be necessary to modernize it.
Older Home Systems and Finishes: Built in 1978, the home likely retains original or dated systems (e.g., plumbing, electrical, HVAC) and interior finishes, which will require substantial upgrades to meet current standards and preferences.
Active Under Contract Status: The property is currently 'Active Under Contract,' meaning it is not immediately available for new offers, which may deter potential buyers looking for an unencumbered purchase.