$957,200
●
House -
Off Market
1001 Rodeo Road
Arcadia, CA 91006
2 Beds
1 Bath
2,092 Ft²
$1,348,351
RealtyHop Estimate
36.33%
Since Sep 1, 2020
CA-Los Angeles
Primary Model
About This Property
Very Charming Property with 2 Detached Homes on a lot. As you make
your way past the beautiful porch area you are greeted with a large
Family Room and a Dining Room that can accommodate nice family
gatherings. Both Bedrooms are a great size and share a large
bathroom in between both rooms.
There is also a small separate Sun Room/office area that can be used as a 3rd Bedroom. The Kitchen is also a great size with newer appliances and opens up to a generous size backyard. Other Features include New Paint inside and out as well as new recessed lighting. The backyard is pleasant with a detached 2 Story Guest House consisting of a family Room/Dining Area as well as Kitchenette and downstairs Bedroom that opens up to a private backyard with mature trees and beautiful landscaping. This property offers so much potential with a large driveway to the 2 Car Garage and large backyard. Part of the Distinguished Arcadia School District as well as Restaurants, Shopping and Entertainment close by.
There is also a small separate Sun Room/office area that can be used as a 3rd Bedroom. The Kitchen is also a great size with newer appliances and opens up to a generous size backyard. Other Features include New Paint inside and out as well as new recessed lighting. The backyard is pleasant with a detached 2 Story Guest House consisting of a family Room/Dining Area as well as Kitchenette and downstairs Bedroom that opens up to a private backyard with mature trees and beautiful landscaping. This property offers so much potential with a large driveway to the 2 Car Garage and large backyard. Part of the Distinguished Arcadia School District as well as Restaurants, Shopping and Entertainment close by.
Unit Size
2,092 Ft²
Days on Market
61 days
Land Size
0.23 acres
Price per sqft
$473
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
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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 (CRMLS #AR20123493)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2020 | Sold | ||
| Sold | |||
| Jun 25, 2020 | Listed by Coldwell Banker Realty Arcadia | $989,000 | |
| Listed by Coldwell Banker Realty Arcadia | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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HOA + Taxes
About Arcadia
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ash Rizk, Coldwell Banker Realty Arcadia
Last Updated: 4 months ago
Data Source: CRMLS, MLS# AR20123493
Last Updated: 4 months ago
Data Source: CRMLS, MLS# AR20123493
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