$1,720,000
●
House -
Off Market
1000 BERKELEY Drive
Venice, CA 90292
4 Beds
2 Baths
1,752 Ft²
$2,741,082
RealtyHop Estimate
54.43%
Since Jan 1, 2018
CA-Los Angeles
Primary Model
About This Property
Move right in to this spacious 4 bedroom 2 bath single story home
on a rare 6,236 sq. ft. corner lot. It is situated in the highly
sought after Oxford Triangle Neighborhood. The living and dining
area are great for entertaining and open to the private garden and
patio. Features include oak floors, a cozy fireplace with coral
stone surround and recessed lighting. Upgrades include plantation
shutters, painting inside and out, refinished oak floors, updated
lighting, some hardware and electrical, new sod and refurbished
sprinkler system. There is a detached 2 car garage with 2
additional off street parking spaces. This home is situated in a
fabulous Marina del Rey / S. Venice location just minutes to Abbot
Kinney and the new Pier 44 development in MDR with approval of a
new Trader Joe's, waterfront restaurants and a pedestrian
promenade.
Unit Size
1,752 Ft²
Days on Market
66 days
Land Size
0.14 acres
Price per sqft
$1,013
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CLAW #17280086)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2017 | Sold | ||
| Sold | |||
| Oct 24, 2017 | Listed by RE/MAX ESTATE PROPERTIES | $1,775,000 | |
| Listed by RE/MAX ESTATE PROPERTIES | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
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HOA + Taxes
About West Los Angeles
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Listed by: Denise Fast, RE/MAX ESTATE PROPERTIES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17280086
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17280086
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