4 Beds   3.1 Baths   4,597 Sq. Ft.
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La Quinta, CA 92253

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Status: Inactive
Listing ID: 59835422
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Learn about Lima in La Quinta, CA

This property is available as a foreclosure at Lima. It has 4 bedrooms, 3.1 bathrooms, and 4,597 square feet of living space. Based on our analysis of the current market conditions in La Quinta for Lima and comparable listings, the estimated market value is $1,452,230. The property located at has potential equity of $106,569. If purchased for rental purposes, the monthly rental rate could range between $4,130 and $6,190. For those interested in resale, the estimated profit from selling is $106,569. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Lima are updated daily along with others in La Quinta, California.

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Property Information

  • Price: $1,375,000
  • Bedrooms: 4
  • Bathrooms: 3.1
  • Living Area Size: 4,597
  • Total Square Feet: 4,597
  • Year Built: 2001
  • Day(s) On Site: 89

Public Records

  • Bedrooms: 4
  • Baths: 4.5
  • Full Baths: 3
  • Half Baths: 1
  • No. of Stories: 1
  • Parking Sqft: 1,002
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Pool: YES
  • Heating Fuel: GAS
  • Heating Type: CENTRAL
  • Roof Material: TILE
  • Land Area Sqft: 12,632
  • Year Built: 2001
  • APN: 776-101-013
  • Property Type: Single Family Residence
  • Living Sqft: 4,597
  • Three Qtr Baths: 2
  • Garage: ATTACHED


The property located at Lima in La Quinta, CA is listed as a Foreclosure

Properties like Lima in La Quinta, California listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in La Quinta, CA. The longer lenders own properties like this on Lima, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Rental Value

The estimated rental value for Lima located in La Quinta, CA is $5,160/month. Comparable homes around Lima that are rentals have monthly ranges starting as low as $4,130 per month and as high as $6,190 per month. An owner looking to use this property as an investment could bring a return in the area of $4,130 - $6,190 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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La Quinta, CA 92253

4 Beds   3.1 Baths   4,597 sq. ft.


Status: Inactive Listing ID: 59835422

Property Information

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Public Records

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Property Description

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