$1,800,000
●
House -
Off Market
1121 El Monte Avenue
Arcadia, CA 91007
2 Beds
0 Bath
1,866 Ft²
$3,170,720
RealtyHop Estimate
86.51%
Since Jan 1, 2015
CA-Los Angeles
Primary Model
About This Property
This sale brings together two contiguous APNs (13,223 and 13,389
square feet per assessor) comprising approximately 26,612 square
foot flat lot-- approx 75 feet of frontage, approx 298 (north side)
and approx 301 (south side) square feet of depth! Is this a
remarkable opportunity to update/expand the existing home OR a
remarkable development opportunity? It's the buyer's choice!
Because the existing property is set on the lot with no way of
accessing the lot behind, these two parcels are being sold
together. And the house? It's an 1866 square foot contemporary
built in 1947 with 2 bedrooms, 2 baths, family room, and pool. It
is in fairly original state but has a 2 year old roof, updated
heat/AC. Shown by appointment only.
Unit Size
1,866 Ft²
Days on Market
-
Land Size
0.60 acres
Price per sqft
$911
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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: 5 months ago (CRMLS #P0-314031713)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2014 | Sold | ||
| Sold | |||
| Oct 20, 2014 | Listed by Engel & Voelkers La Canada | $1,700,000 | |
| Listed by Engel & Voelkers La Canada | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Arcadia
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Anne Moser, Engel & Voelkers La Canada
Last Updated: 5 months ago
Data Source: CRMLS, MLS# P0-314031713
Last Updated: 5 months ago
Data Source: CRMLS, MLS# P0-314031713
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