Millman Team Real Estate

$470,000
3 Bed
3 Bath
1,894 Sqft
0.13 Acre Lot

48111 Calle Seranas, La Quinta, California 92253

  • Residential Property Type
  • 1,894 Sqft Square Footage
  • Concrete Cars Garage
  • 1984 Year Built
Property Description

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. Lease expires in mid 2026.

Basic Details
Residential
For Sale
NP25067872
$470,000
Mountain(s)
3
3
1,894 Sqft
1984
0.13 Acre
Active Under Contract
3
Single Family Residence
: Tile
Features
: Association
: Central
: Central Air
: Gas
: Concrete
: Spanish
: Tile
: All Bedrooms Down, Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Granite Counters, Breakfast Area, Partially Furnished
: In Garage, Gas Dryer Hookup, Electric Dryer Hookup
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected
$0
Appliances
: Dishwasher, Double Oven, Gas Cooktop, Microwave, Dryer, Washer, Disposal, Gas Water Heater, Refrigerator
Address Map
CA
Riverside
La Quinta
Laguna De La Paz (31324)
92253
Calle Seranas
48111
Corner of Washington and Eisenhower
313 - La Quinta South of HWY 111
RC
Neighborhood
Desert Sands Unified
Additional Information
$0
$0
$0
$0
$0
Clubhouse,Dock,Fitness Center,Jogging Path,Pickleball,Pool,Spa/Hot Tub,Tennis Court(s)
1
: Sidewalks, Biking, Fishing, Lake
: Stucco
220 Volts in Laundry
1
2.0
: One
: Back Yard, Level
400
2025-03-28
495000
1
1
: Public
Broker/Agent Information
Berkshire Hathaway HomeService
Jeff Stokes
Financial
730.0
Monthly
1
Listing Information
U40200
U6143
Cash,Cash to New Loan
Active Under Contract
2026-01-27T17:42:45Z
CRMLS
: Standard
2026-01-15T09:17:12Z
Agent info
Ray Millman
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