50600 Santa Rosa Plaza 7, La Quinta, California 92253, La Quinta, 92253 - 1 bed, 1 bath

50600 Santa Rosa Plaza 7, La Quinta, California 92253 home-pic-0
ACTIVE$325,000
50600 Santa Rosa Plaza 7, La Quinta, California 92253
1Bed
1Bath
682Sqft
0.01Lot
Year Built
2004
Close
-
List price
$325K
Original List price
$325K
Price/Sqft
$477
HOA
$405
Days on market
-
Sold On
-
MLS number
219130982DA
Home ConditionGood
Features
Good View:
Deck
Pool
Spa
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $325.0K(14th), sqft - 682(6th), beds - 1(11th), baths - 1(11th).

SHORT TERM RENTAL APPROVED. Discover the resort-style living of Casitas Las Rosas, ideally situated on the grounds of the Embassy Suites Hotel in the heart of beautiful downtown La Quinta. This upper- level one-bedroom, one-bath end unit offers open concept layout with a modern kitchen featuring granite countertops and stainless steel appliances. The spacious bedroom includes a walk-in closet, and there's an in-unit laundry for added convenience. Just steps away you'll find the community pool and spa perfect for relaxation and views. This property is an excellent investment opportunity, as it qualifies for La Quinta Short Term Rental (STR) permit and can be used as a short term rental. Enjoy a short stroll to Old Town La Quinta, where you'll discover charming shops, exquisite dining, and don't miss the Sunday Farmers Market. As an owner you also gain access to the Embassy Suites Hotels restaurant and bar conveniently located on- site. Experience world- renowned golf a PGA West, or the magical history of the La Quinta Resort as well as the excitement of Stagecoach and Coachella Music Festivals, just a short drive away. If tennis is your game the Indian Wells Tennis Center, home to the BNP Paribas Tennis Tournament, is nearby. This complex has the location and amenities for all to enjoy.

Nearby schools

5/10
John Adams Elementary School
Public,K-50.1mi
5/10
La Quinta Middle School
Public,6-80.9mi
6/10
La Quinta High School
Public,9-122.6mi
Condition Rating
Good

Built in 2004, this property is 20 years old, placing it within the 'Good' category's age range. The kitchen features granite countertops, stainless steel appliances, and recessed lighting, which are functional and present well, aligning with the 'modern kitchen' description. The bathroom is clean and well-maintained, though its style, including the vanity and light fixture, appears consistent with its build year and could be considered slightly dated. The flooring consists of tile in the kitchen and bathroom, and patterned carpet in the living and bedroom areas, which, while clean, also reflects the property's age. Overall, the unit is move-in ready with no immediate major renovations required, and its systems appear well-maintained, fitting the criteria for a 'Good' condition score.
Pros & Cons

Pros

Short-Term Rental Approved: The property is explicitly approved for short-term rentals, presenting a strong investment opportunity for income generation.
Exceptional Location: Ideally situated on the grounds of the Embassy Suites Hotel, steps from Old Town La Quinta, and close to major events like Coachella, Stagecoach, and BNP Paribas Tennis Tournament.
Resort-Style Amenities & Hotel Access: Owners enjoy community pool/spa access and direct access to Embassy Suites Hotel's restaurant and bar, enhancing the resort-style living experience.
Modern & Well-Appointed Interior: Features an open-concept layout, modern kitchen with granite countertops and stainless steel appliances, a spacious bedroom with a walk-in closet, and in-unit laundry.
End Unit Advantage: As an upper-level end unit, it typically offers more privacy, natural light, and fewer shared walls compared to interior units.

Cons

Limited Living Space: With only one bedroom, one bathroom, and 682 sqft, the unit offers limited space, which may restrict occupancy for STRs or appeal to larger groups/families.
Monthly Association Fees: A monthly association fee of $405.0 adds a significant recurring cost to ownership, impacting potential net rental income or overall affordability.
Upper-Level Access: Being an upper-level unit means access requires stairs, which could be an inconvenience for some guests or owners with mobility challenges.

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